Thailand: Sugar Semi-annual
MY2017/18 sugar production will likely increase to 11.2 million metric tons, up 12 percent from MY2016/17 due to favorable weather conditions. MY2017/18 sugar consumption is expected to decline slightly due to the new excise tax on sugar-sweetened beverages. The government is amending the Cane and Sugar Act B.E. 2527 (1984) to deregulate the domestic sugar market in MY2017/18.