Raw sugar shipments from Thailand’s larger than expected crop have been booked for Russia for April loading and May arrival, undercutting traditional origin Brazil. On April 8, some European trade sources talked of around 200,000 tonnes of Thai sugar booked for Russia, but there was no official confirmation. Thailand is an unusual origin for the Russian market. Brazil is the main supplier. Dealers said Thai sugars had not been supplied to Russia for several years, as Brazil was traditionally the most competitive origin for the Black Sea. Thailand is the world’s second-largest sugar exporter after Brazil. Trade sources quoted Thai… Login to continue

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