Thai Roong Ruang’s sugar mill in Si Thep district of Phetchabun has been ordered to close down for seven days until 2 August after about 90 factory workers were found to be infected with Covid-19, the provincial communicable disease committee announced.
The closure of “Kumphawapi Sugar Factory”, Kumphawapi District, Udon Thani Province, the first old factory in the Northeastern region was announced on 8th June. The plant has been operating for over 70 years.
Vietnam has imposed anti-dumping duties of 47.64% on some sugar products from Thailand for five years, replacing the temporary tariffs imposed in February, Vietnam’s Ministry of Industry and Trade said on 16th June, reported Reuters.
The Ministry of Trade and Industry has decided to levy a temporary anti-dumping tax of 44.88% on raw sugar and 33.88% on refined sugar imported from Thailand.
Thailand -US$1.7 billion invested in Bio-Circular-Green economic activities during Jan-Sep 2020 [Registered]
In the first nine months of 2020, local and international companies applied to invest as much as US$1.7 billion in Thailand in more than 300 projects in the sectors listed as “BCG”, or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to the Thailand Board of Investment (BOI).
The Vietnamese government announced Feb. 9 its plans to impose an anti-dumping duty of on raw and refined sugar from Thailand, claiming soaring imports are undermining its domestic sugar industry.
Thai companies are allegedly dumping sugar in Vietnam and hurting farmers, say Vietnamese sugar producers, according to local press reports.
Covid-19 pandemic triggers fall in global ethanol production by almost 15% in 2020 [Full subscriber]
Strongly impacted by the Covid‑19 crisis, global ethanol production is anticipated to contract 14.5% to 98 billion litres in 2020 – from 115 billion litres in 2019. Around 80% of the y-o-y fall in output is in the key markets of Brazil and the United States, according to a new report by the International Energy Agency (IEA).
Thailand saw a 12-fold jump in its sugar syrup exports to China in 2020, according to a recent USDA attaché report.