Thailand lowers sugar export volume, sets aside extra for ethanol production
Thailand has allocated an additional 300,000 tonnes of raw sugar for ethanol production this year, amid weak prices and a large global surplus of the commodity.
It is reported by Reuters.
Thailand, the world's second-largest sugar exporter after Brazil, expects at least 14 million tonnes of sugar from a record 134 million tonnes of cane in the 2017/18...