SINGAPORE: About 1 million tonnes of cane have been crushed in Thailand as the harvest progresses, producing up to 56,000 tonnes of sugar so far, a 28 percent increase from the same year-ago period, dealers said on Wednesday.
Thailand, the world's second-largest exporter after Brazil, has slashed its output forecast in the year to October 2013 to 9.4 million tonnes from 10 million due to poor rain. This is, however, in line with traders' estimates of 9.3 million to 9.5 million tonnes.
Nov 28, 2012
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