Thailand sugar production will up 343,000 tonnes — USDA

 

https://www.standardcoldpressedoil.com/

According to the USDA forecast, in 2022/2023 Thailand sugar production is forecast 343,000 tonnes higher to 10,5 million.

It is reported by USDA in its November report.

Consumption is expected up in line with anticipated economic recovery. Improved business activity and the expected return of foreign tourists will help boost the hotel and food service sector from the pandemic-induced recession. Exports are forecast up due to larger exportable supplies while stocks are expected to drop sharply following strong exports.


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