Source: nationthailand.com The Thai Sugar Mills Association (TSMC) said that retail sugar prices will be kept stable throughout April to reduce the cost of living pressure on people. However, the industry is considering a price structure adjustment to more accurately reflect cost fluctuations, with the possibility of implementation from May 2026. This move aims to ensure the stability of the sugar industry amid volatile input costs due to the impact of the global economy and energy markets. According to TSMC representatives, global production costs are rising, particularly in the energy and petrochemical sectors, which have a ripple effect on the sugar industry. Packaging costs are one of the biggest pressure points as plastic resin prices surge, causing sugar packaging costs to increase by an average of about 40%. In addition, high oil prices have increased transportation costs throughout the supply chain, from delivery to warehouses to nationwide distribution. These costs ...