Thai Sugar Output Seen Rising to Record as Farmers Shun Rice
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Sugar production in Thailand will increase to a record in the year from November as farmers in the second-biggest shipper turn to cane from rice, potentially boosting exports of the sweetener, the state forecaster said.
The country may produce 12 million metric tons of raw sugar, crushed from 105 million tons of cane, Somsak Suwattiga, secretary-general of the Office of the Cane & Sugar Board, said in a phone interview, providing the board’s first estimate. That compares 11.29 million tons from 103.67 million tons in the crush that ended on May 9.