Thailand sugar production 2020/2021 will decrease by 5% — USDA
According to USDA, in 2020/2021 MY Thailand sugar production is forecast to decline to 7,9 million tonnes, down 5% as drought has driven reductions in area, yields, and extraction rates.
It is reported by USDA in its November report.
Consumption is expected to increase on higher demand for direct sugar consumption and food services. Exports are forecast up slightly while stocks are forecast to be down for the second year in a row.