Currently, Indonesian regulations allow the import of raw sugar with a minimum ICUMSA , or International Commission for Uniform Method of Sugar Analysis, level of 1,200. Thailand is one of the prominent producers of sugar, so the amount of sugar consumed is more in the country.

If you are a supplier who wants to increase your sales, join Tridge. If you have any questions or concerns please contact or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. Thailand Sugar Market is estimated to be valued at US$2.136 billion and is estimated to grow further in the coming years. Adding to the strength of the Thai cash premiums is market expectations of a smaller sugar cane output in Thailand for the current marketing season (October 2019-September 2020), which will also support new crop values next year.

Also, many people consume a lot of sweet dishes and desserts so the demand for sugar is more which will augment the market growth Also the increasing foreign investments in the food industry of Thailand will create a positive impact and bolster the market growth further. Access latest coal news and analysis, conferences and events. Producers would then focus on raw sugar sales rather than refined sugar," a Singapore-based trader said. Thailand is the world's fourth-largest sugar producer and the second-largest exporter, trailing only Brazil. Knowledge Sourcing Intelligence LLP. Get the best offers of Sugar from verified suppliers from Thailand. Overview of Sugar Market in Thailand Explore detailed information about Thailand 's Sugar market. Explore commodity data and keep track of opportunities globally, Get the most competitive offers from suppliers, Sell food & agricultural products to global buyers. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. DROP IN THAI SUGAR PRODUCTION. A survey conducted on trading houses and analysts showed a lower estimation of cane production between 100 million to 110 million mt, with the median at 108 million mt, down 22% compared with the previous season. GLOBAL PLAYER. The Thai sugar industry is hit by the twin crises of falling exports and sliding price, according to industry experts. Indonesia is the top importer of Thai raw sugar and accounts for approximately 70% of total Thai raw sugar exports. Make better decisions by exploring our reliable data of more than 10,000 products from over 200 countries. Access latest shipping news and analysis, conferences and events. "The Indonesian government released 400,000 mt of last-minute licenses only in late-November and December, which indicates that the country is short of sugar," an analyst told S&P Global Platts. Thai Cane & Sugar Industry on World Market Speculation, Hoping for High Cane Prices 11/Oct/2020 04/Nov/2020 Editor Admin Thailand’s cane and sugar industry is currently formulating a management guideline for the production year of 2020/2021, focusing on enhancing The most imminent threat to the industry is the falling price of sugar in the global market, which has currently dropped by 10 to 11 cent per pound, the lowest price in six years. All the suppliers on Tridge have been carefully selected, screened, and verified. The drought and weak monsoon in Thailand's major cane producing regions during the crucial growing season would also lead to slower cane development and a reduction in sugar yield, trade sources said. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., China's Oct PDH plant run rates hit 13-month high at 91% amid strong margins, Commodity Prices and Essential Market Data, S&P Global Platts Webinar: Asia’s Rice Market, Future Energy Market Outlooks Webinar Series - Power Sector Trajectories in a Post-COVID World – Clients only. Please contact the Client Services team. 18/Nov/2019 18/Nov/2019 Editor Admin KTIS, Thailand Sugar. The average Thai white premium in 2019 was $53/mt, down 23% year on year, compared with $73/mt in 2018, Platts data showed. Office of Cane and Sugar Board (OCSB), ... Aiming to Promote VIVE Standard towards World Market. Tridge is a leading global trading platform, of food & agricultural products, empowered by digital technology. Discover the latest news, comments and in-depth analysis of Sugar in Thailand.

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