Thailand: Sugar Annual

  |   Attaché Report (GAIN)   |   TH2023-0024

Sugar production in MY2022/23 and MY2023/24 is still far below record production levels due to reduced sugarcane acreage. Sugar exports will increase significantly in MY2022/23 due to larger exportable supplies and more available shipping containers, particularly for refined sugar exports. Post expects supplies of molasses to be tighter for fuel ethanol production in 2023 due to reduced molasses production.

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