Thailand’s sugar crop prospects are deteriorating just as the country’s millers are struggling to get to grips with the implications of new export regulations announced this week. Sweetener production is likely to drop to 7-8 million tons in 2023-24 from 11 million tons crushed in the previous crop, according to the Thai Sugar Millers Corp.
Drop in global sugar output boon to local producers
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Asian shares stall on risk aversion
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Severe Drought to Cut Thailand s Sugar Output by Almost a Fifth
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