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.
Thai cabinet on 9th June approved financial assistance of THB10 billion (US$321 million) to be paid to about 300,000 sugarcane growers under a subsidy programme.
With Thailand in the midst of its worst drought in four decades, cane growers are hit hard by the decline in both drop in productivity and rising production costs, placing a severe strain on their enterprise. To mitigate this, the Industry Ministry has stepped in with financial of THB10.2 billion (US$318 million).
Thailand – 2019/20 campaign ends with sugar output falling 43% to 8.27 million tonnes [Full subscriber]
The 2019/20 campaign ended recently, according to the Thai Sugar Millers Corporation. Both sugarcane production and cane sugar production fell by 43% – cane output from 130.97 million tonnes in the previous year to 74.89 million tonnes and sugar output from 14.58 million tonnes to 8.27 million.
The biotech start-up Advanced Biochemical (Thailand, (ABT)) recently announced that is boosting the amount of biobased epichlorohydrin (ECH) it produces at its facility in Map Ta Phut, Thailand, to 120,000 tonnes/year – an increase of 20,000 tonnes.
Thailand – Khonburi Sugar expects 2020/21 revenues from sugar production to drop by 25-35% [Full subscriber]
With the worst drought in Thailand in 40 years, Khonburi Sugar has acknowledged that revenue from sugar production is likely to decrease by 25-30% on the back of drop in cane production.
Sugarcane growers in eastern and central Thailand have been burning their fields at night despite authorities’ ban on the practice to curb air pollution.