KSL projections sugar cost edging lower this year

KSL projections sugar cost edging lower this year

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PUBLISHED : 21 Jun 2024 at 10: 24 In the mostcurrent crop year (2024-25), KSL thinks dryspell will be less serious, leading to more sugar walkingstick harvests. Global sugar rates are anticipated to stand at UnitedStates$0.22-23 per pound in 2024, just somewhat lower than a variety of 25-26 cents per pound in the veryfirst half of this year, which was the greatest rate tape-recorded in 12 years, according to Thai sugar manufacturer Khon Kaen Sugar Industry Plc (KSL). The high rates will advantage Thai sugar exporters, however they might change if Brazil, the world’s biggest sugar exporter, continues to produce more sugar rathern than processing sugar walkingstick for the production of ethanol, stated Chalush Chinthammit, president of K
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