date:Feb 26, 2016
Drought is set to cut Thailands sugar cane crop to the lowest in at least four years, curbing production of the sweetener as forecasts for a global deficit increase.
Cane output may fall below 100 million metric tons in 2015-16, Thai Sugar Millers Corp. said in a statement Thursday. It would be the first time below that level since 2011-12 and compares with 106 million tons last year. Sugar production in the first 91 days of the current season totaled 7.19 million tons from 8 million tons a yea