• The Thai cane price should reach THB 1,100/mt in 2020/21; the highest it’s been for a decade.
  • If so, this will likely incentivise farmers to switch back to planting cane as it becomes more profitable than cassava once again.
  • As such, we think the Thai cane production will be rebound in 2022.One of our analysts is currently on a cane tour in Thailand’s Northeast, so you can read all about what he’s learnt first-hand from the cane producers he’s met in our daily updates.
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