Thailand seeks talks with China to lift syrup ban

Quick Summary:

Chinese authorities have asked Thailand to inspect dozens of factories before opening negotiations to lift a ban imposed last month on sugar syrup and premixed powder exports from the country, Thai officials say.

He added that the amount of sugar that might need to be redirected is significant and the issue is therefore weighing heavily on global prices, with white sugar futures trading on the ICE exchange at their lowest in three years.

Czarnikow analyst Rosa Li said she expects Thai factories and Chinese importers will eventually work to resolve the matter and get the ban lifted, “but it remains to be seen how long this process will last”.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Sugar Syrup Factories Asked Thai China Chinese Thailand Authorities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 13:59:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25190114

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