Thailand plans to increase sugar exports to 9 million tonnes in 2022/23

Published 2023년 2월 10일

Tridge summary

Thailand's sugar exports are projected to increase by 17% in the 2022/23 crop year, reaching 9 million tonnes, as the country plans to produce 11.5 million tonnes of sugar by grinding 106 million tonnes of sugarcane. This is due to favorable global prices and adequate rainfall, returning sugarcane production to pre-pandemic levels of 100 million tonnes for the first time since 2019. Thailand consumes 2.5 million tonnes of sugar annually.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BANGKOK (Reuters) - Thailand expects to export 9 million tonnes of sugar in crop year 2022/23, up 17% from the previous period, the Cane and Sugar Board Office said on Friday. The country, one of the world's biggest exporters of the commodity, plans to produce 11.5 million tonnes of sugar, grinding 106 million tonnes of sugarcane by the end of the season in March, said Samart Noiwan, director of the strategy division. and planning board, told Reuters. Thailand consumes 2.5 million tonnes of sugar a year, he said. This year's sugarcane production has returned to the 100 million tonnes level for the first time since 2019 due to favorable global prices that have led farmers to ...

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