Thailand sugar production dropped 20%
Thailand's sugar production dropped by 20.37% in the 2023/24 production year to 8.8 million tonnes, Virit Viseshsinth, head of the Office of Sugar and Cane Board, told on Monday.
It is reported by Reuters.
Thailand is expected to produce 10.39 million tonnes of sugar for the next year, an increase of 18%, Virit said.
The world's second-largest sugar exporter consumes about 2.5 million tonnes of its production domestically and exports the remainder.