webfact Posted February 24, 2016 Share Posted February 24, 2016 Thailand's Sugar Supplies Scaled Back by 650,000 Tonnes by ISOBY JACOB MASLOWBANGKOK: -- The International Sugar Organization (ISO) has announced that sugar will not reach its supply forecasts as demand continues to grow. Output levels have fallen in recent months, and the London-based organization increased its sugar deficit forecast to 5 million tonnes amid lower output in Brazil, the European Union, India and Thailand.Forecasts pointed to a 3.5 million tonne deficit in sugar in November 2015. Just a year earlier, it was reported that there was a 2.3 million tonne surplus.The revised forecast had an immediate impact on the sugar industry. Prices for sugar have risen by 7% since the announcement was made on Friday. Global output of sugar has contracted from 171.2 million tonnes in 2014/2015 down to 166.8 million tonnes in 2015/2016. This is the third season in a row in which sugar production has contracted.Full story: https://ethailand.com/business-news/thailands-sugar-supplies-scaled-back-by-650000-tonnes-by-iso/1613/-- eThailand 2016-02-25 Link to comment Share on other sites More sharing options...
rhythmworx Posted February 24, 2016 Share Posted February 24, 2016 First here Link to comment Share on other sites More sharing options...
canathai8 Posted February 24, 2016 Share Posted February 24, 2016 Next to jumping "getting caught.." Sugar is the absolute worst thing for your health.. Despicable stuff that..and damned addictive, like the women.. Link to comment Share on other sites More sharing options...
rhythmworx Posted February 24, 2016 Share Posted February 24, 2016 Smoking is worse I think but sugar is bad. Link to comment Share on other sites More sharing options...
doremifasol Posted February 24, 2016 Share Posted February 24, 2016 Much of the hidden sugars hide out under your own roof, in unassuming places like ketchup, frozen dinners, beef jerky, and bread. Don't be tricked. Link to comment Share on other sites More sharing options...
BuaBS Posted February 25, 2016 Share Posted February 25, 2016 Sugar is not that bad . I sometimes spoon my way through a packet of sugar. The sweets & candy sold here are overpriced & not good enough laden with chemicals & colourings. Don't like the brown sugar though , tastes too different from european sugar. Link to comment Share on other sites More sharing options...
topt Posted February 25, 2016 Share Posted February 25, 2016 First here Meaning what exactly? Link to comment Share on other sites More sharing options...
Srikcir Posted February 25, 2016 Share Posted February 25, 2016 Thailand's sugar supplies weren't exactly "scaled back" if one thinks of production being deliberately slowed. Sugar prices in New York have rebounded 43 percent since reaching a seven-year low in August 2015. Obviously sugar production would be a boon to Thai farmers. Sugar cane growers and farmers in the Northeast are the happiest groups of agriculturalists, according to a recent survey by the Bank for Agriculture and Agricultural Cooperatives (2015-01-09). In fact the Prayut government urged rice farmers and rubber planters to switch to sugarcane and other crops while waiting for prices of those two important products to pick up (2015-03-02). So why the "scale back?" The 2015 drought simply shriveled the nation's sugar crops. Link to comment Share on other sites More sharing options...
Exnavy Posted February 25, 2016 Share Posted February 25, 2016 DON'T KNOW HOW SUGARCANE GROWERS ANYWHERE IN THAILAND ARE SATISFIED WITH CURRENT PRICES. TWO YEARS AGO THE PRICE PER TON AT THE MILL WAS 1,200 BAHT. WE WERE RECENTLY PAID 885 BAHT PER TON AND OTHER GROWERS I KNOW GOT LESS. MAYBE THIS WORLD SHORTAGE WILL PUSH THE PRICE BACK TO NORMAL FOR NEXT YEAR BUT CAN'T SEE MUCH CHANGE FOR THIS YEAR. Link to comment Share on other sites More sharing options...
Ulic Posted February 25, 2016 Share Posted February 25, 2016 A buddy used to call the "white death", salt, sugar, and cocaine. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now