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Sugar exports jump to record high

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Sugar shipments from Thailand, the second-biggest exporter, will surge 22% to a record this year as output expands to an all-time high and Asian demand increases, according to the Office of the Cane and Sugar Board. 

Workers load harvested sugar cane onto a truck near Khan Phram village in Saraburi. Sugar shipments from Thailand, the second-biggest exporter, will surge 22% to a record this year. (Bloomberg photo)

Exports will climb to 9 million tonnes this crop year, beating the 8.5 million tonnes estimated in December and last year's 7.4 million tonnes, said Somsak Suwattiga, secretary-general of the state-run board. Output of sugar from the cane harvest now in progress will be as much as 11.5 million tonnes, more than 11 million tonnes estimated in December, he said. Sugar output was 10.02 million tonnes in 2012/13, board figures show.

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