Stay updated with breaking news from Thai Hipol. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Thai sugar market is eyeing a return to strength in 2022 after two consecutive years of drought, but will likely face logistical challenges in securing freight to export its surplus supply to buyers in the region as well as competition from cargoes from India and Brazil. Thailand’s crop prospects for the marketing year 2021-22 ...
Asian sugar traders in limbo as Vietnam’s antidumping policy looms Asian sugar traders are facing growing uncertainty ahead of Vietnam’s antidumping policy announcement in June, with market sources noting a rise in domestic prices amid depleting sugar inventory. Vietnam’s Ministry of Industry and Trade had conducted a public consultation on May 12 over antidumping investigations on Thai sugar imports, with the current duty structure on Thai raw and refined sugar imports at 33.88% and 48.88%, respectively. The development came following a surge in Thai sugar imports, which impacted the c...
Thailand’s Cane and Sugar Corporation or TCSC will issue the country’s first 2021-22 Quota B sugar tender on March 2, around five months earlier than in previous seasons, due to prevailing high global prices and a forecast surge in sugarcane production, trade sources said Feb. 26. The first new crop sugar tenders of the previous ...