Yesterday, the International Commission of Jurists (ICJ) and Amnesty International (AI) jointly submitted an amicus curiae legal brief to the Bangkok South Civil Court in a class-action lawsuit filed by two residents of Cambodian villages, representing at least 23 families out of a potential class o
Sugar Market 2021-26: Industry Outlook, Share, Size, Price Trends and Research Report
iCrowd Newswire
According to the latest report by IMARC Group, titled,
Sugar Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026 , provide the global sugar market to grow during the forecast period (2021-2026).
Historical: 2015-2020
Industry Definition and Application:
Sugar refers to a sweet crystalline substance that is extracted from sugarcane or sugar beet. It is used as a flavoring agent that attributes a sweet taste to a vast array of food preparations. It is utilized in the food industry as a preservative agent that prevents the decomposition of the food product by microbial growth or undesirable chemical changes. Apart from this, it is utilized for facilitating the process of fermentation and retaining moisture in various dishes. The high carbohydrate and caloric concentration of sugar provide energy to the human body. Consequently, it is used in th
TRIS Rating affirms the company rating on Mitr Phol Sugar Corporation Ltd. (MPSC) and the ratings on MPSC?s senior unsecured debentures at ?A+? with a ?negative? rating outlook.
The outlook reflects our concerns that MPSC?s operation will continue to be materially affected by sugarcane supply shortages in 2021 as a result of the prolonged drought and shrinking plantation area in Thailand. Sugar prices will likely be pressured by higher Brazilian sugar output and several uncertainties following the Coronavirus Disease 2019 (COVID-19) pandemic.
Nevertheless, the ratings continue to reflect MPSC?s market position as one of the world?s leading sugar producers, well-accepted brand name, efficient sugar mill operations, geographic diversification, and diversified sources of income.