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Wednesday, May 15, 2024

Price controls complicate Thai sugar outlook

Millers’ group says regulatory change could make it harder to meet export commitments

A farmer repairs an irrigation pipe in a sugar cane field in Nong Nok Kaeo, Kanchanaburi. Local sugar output is forecast to drop by almost a fifth in the coming harvest season due to the impact of a severe drought. (Photo: Bloomberg)

Prospects for Thailand’s sugar crop are deteriorating just as the country’s millers are struggling to…

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