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Market Impact: 0.5
Thai Sugar Output to Drop at Least 17%, Worsening Global Squeeze
Source: Bloomberg
Commodities & Raw MaterialsNatural Disasters & WeatherTrade Policy & Supply Chain
Thailand's sugar output may decline by at least 17% in the upcoming season as dry conditions hit production. The reduction would further tighten global sugar supplies, adding upward pressure to the commodity market amid weather-related disruptions at major producing countries.
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