New York: Sugarcane production in Thailand is likely to increase during the season 2021-22 as the farmers are encouraged by the higher cane bills being paid by the sugar millers, said Czarnikow, sugar traders and supply chain services provider in its report released recently.
According to Czarnikow, the cane output in Thailand is likely to be increased by 30 million tonnes taking output to 100 million tonnes. This will increase sugar production in one of the largest sugar exporters in the world.
During the 2020-21 season, Thailand has recorded lowest cane output in a decade taking it to 70 million tonnes. The unfavourable weather and lower returns for cane have resulted in lowering cane output.