Raw sugar premiums have hardly moved as buyers turn their attention to the crushing season in Thailand which starts this week and could cut prices in coming weeks, dealers said on Wednesday.
Thailand has cut its forecast for sugar output in the year to October 2013, to 9.4 million tonnes from 10 million, because of poor rain, but the figure is in line with traders’ estimates of 9.3 million to 9.5 million tonnes.
“I guess sugar from the new crop must have been sold to trading houses. The sugar has been committed to traders,” a dealer in Bangkok said.
Covid-19 and food security: can emerging economies mitigate rising prices?
The Food Price Index, established by the UN’s Food and Agriculture Organisation (FAO) to track monthly changes in international food prices, rose for the eighth consecutive month in January, primarily as a result of Covid-19.
An increase in food prices following the coronavirus pandemic has intensified concerns related to global food security. For emerging markets, this has further underlined the importance of regional cooperation and innovative solutions to help overcome the challenges.(more…)
Gold rush hits Thailand as prices surge
The value of gold has rocketed by Bt7,000 per baht weight since the beginning of this year, generating returns of over 20 per cent.
Thailand’s rice exports slump to decade low
Thailand could drop to the world’s third largest rice exporter, after Vietnam and India, as Thai rice exports slump to a decade low of 6.5 million tonnes.
200,000 doses of COVID-19 vaccine Distributed to 13 Thai provinces
Health authorities are now expected to give the first injection of this COVID-19 vaccine on 1st March, with a subcommittee...
Can the Subscription Economy Save Financial Services?
Going back to the pre-Covid “normal” is not an option for financial services. Fortunately, the rise of the subscription economy...
BoI Plans More Efforts to Promote BCG Economy
BANGKOK (NNT) – The Board of Investment (BoI) is working with related agencies to rev up promotion of the bio-,...
COVID-19 situation in Thailand as of 24 February 2021
The post Coronavirus Disease 2019 (COVID-19) situation in Thailand as of 24 February 2021, 11.30 Hrs. appeared first on TAT...
How can Biden win over a still sceptical Asia?
The United States abandoned economic leadership in Asia four years ago. Rather than promote and strengthen the multilateral institutions and...
Thailand’s Stock Exchange (SET) continues 2nd year of project to tackle global warming
The Stock Exchange of Thailand (SET), jointly with environmental partners, has gained substantial results in reducing greenhouse gas emissions by...
Subscribe via Email
Economics1 week ago
Impacts of global economy and COVID-19 on Thailand
Ecommerce1 week ago
Covid-19 and cyberattacks: which emerging markets and sectors are most at risk?
Asean1 week ago
Canada, Indonesia Trade Talks Begin for Comprehensive Economic Partnership Agreement
Economics1 week ago
BOI Provided Investment Privileges Worth Bt481.15 Billion Last Year