USDA arm sees Thailand 2018-19 sugar output down 6% at 13.8 mln tn.

Sugar output in Thailand during 2018-19 is seen at 13.8 mln tn, down 6% from the estimated 14.7 mln tn produced in 2017-18, due to a fall in cane production in the major growing areas. Additionally, the sugar extraction rate will likely decline to around 107 kg per tn of cane due to unfavourable weather conditions. Sugarcane production is estimated to decline 4% on year to 130 mln tn in 2018-19 “due to reduced average yields. The country is one of the major producers and exporters of sugar in the world. sugar consumption, too, is likely to fall in 2018-19 largely on the back of reduced demand for the sweetener from non-alcohol beverage makers in response to the new sugar excise tax on beverages.