Thailand: Sugar Annual
21st April 2026
Post forecasts that Thailand’s sugar sector will face substantial headwinds in MY 2026/27 as cultivation costs will rise, while domestic and export markets remain subdued.
Some smallholder sugarcane farmers, particularly in the northeast, may shift to alternative crops in MY 2026/27. Thailand’s continuing sugar tax on beverage reformulation and household use will keep domestic sugar consumption stable. Thai sugar traders report an increase in demand from their overseas customers in MY2025/26 though Post forecasts a return to more typical sugar
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