Myanmar's sugar industry faces a cold spell! Production declines, prices fall, and exports decrease

The article highlights the challenges faced by the Myanmar sugar industry, with a focus on the shift in production towards brown sugar due to transportation issues and the higher profit margin it offers. This shift has led to a slight decrease in the production of white sugar, despite the domestic demand for it surpassing 300,000 tons. The lower international price of white sugar compared to the domestic price has further reduced exports, alongside a decline in domestic demand, contributing to a slight decrease in the price of white sugar.

Wu Wenti, vice chairman of the Myanmar White Sugar and Sugarcane Products Entrepreneurs Association, said that despite such operations, some sugarcane was not delivered to the sugar mill due to transportation difficulties, but was directly processed into brown sugar. In addition, since the price of brown sugar is higher than that of white sugar, the production of brown sugar has increased, resulting in a slight decrease in the production of white sugar. This year's sugarcane season, domestic white sugar production is expected to reach about 500,000 tons. Domestic consumption exceeds 300,000 tons, and the remaining white sugar is usually exported abroad. However, since the current international white sugar price is lower than the domestic white sugar price, the export volume has decreased. In addition, the domestic ...