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In 2023, sugar exporters are likely to benefit from higher export prices and trade remedies imposed by Vietnam, leading to a possible renaissance of sugarcane plantation and sugar mills.
After the Vietnamese imposition of anti-dumping and anti-subsidy duties, the volume of Thai sugar imported to Viet Nam hit a four-year low in Q1 of 2022
As a visitor drives across the plains of the department of Valle del Cauca in southwestern Colombia, green carpets dominate the view: sugarcane fields that have been here since the area got its name.