Bangkok, Sugar price increases 4 baht, effective today (, 2023), affecting white sugar from 19 baht/kg. to 23 baht/kg., refined sugar from 20. baht/kg. to 24 baht/kg.

The Office of the Cane and Sugar Board or Sor. has issued an announcement regarding the price of sugar within the Kingdom. To be used in calculating sugar cane prices and returns on sugar production and sales. For the production season of 2023 over 2024, VAT not included. Set the price of sugar at the new factory. namely adjusting the price of white sugar From 19 baht per kilogram to 23 baht per kilogram and the price of refined white sugar was adjusted. From 20 baht per kilogram to 24 baht per kilogram, effective today, 28 October 2023.

Mr. Boonthin Kotsiri, director of Thai Cane and Sugar Co., Ltd., revealed that sugar factories have now gradually increased the price of sugar at the factory by 4 baht per kilogram previously. Causing sugarcane farmers to benefit from increased sugarcane prices. This corresponds to the higher cost of sugarcane cultivation.-Thai News Agency

Source: Thai News Agency