Required Report - public distribution

**Date:** 4/8/2005

**GAIN Report Number:** TH5035

TH5035

**Thailand**

**Sugar**

**Annual**

**2005**

**Approved by:**

![](media/image1.wmf)Rodrick McSherry, Agricultural Counselor

U.S. Embassy, Bangkok

**Prepared by:**

Ponnarong Prasertsri, Agricultural Specialist/Russ Nicely Agricultural
Attache

**Report Highlights:**

MY 2006 sugarcane production is forecast to continue to decline in
response to expected continuation of drought-like conditions, leading to
a slide sugar production for the third consecutive year. Sugar exports
will likely shrink. Exportable supplies could be further restricted if
sugar-based ethanol production is achieved.

Includes PSD Changes: Yes

Includes Trade Matrix: Yes

Annual Report

Bangkok \[TH1\]

\[TH\]

[Executive Summary 3](#executive-summary)

[1. Sugarcane 4](#sugarcane)

[1.1 Production 4](#production)

[1.2 Consumption 4](#consumption)

[1.3 Policy 5](#policy)

[2. Sugar 6](#sugar)

[2.1 Production 6](#production-1)

[2.2 Consumption 7](#consumption-1)

[2.3 Trade 7](#trade)

[2.4 Stocks 8](#stocks)

[2.5 Policy 8](#policy-1)

[3. Supplementary Tables 10](#supplementary-tables)

[Table 1: Thailand's Planted Area of Sugarcane by Region
10](#table-1-thailands-planted-area-of-sugarcane-by-region)

[Table 2: Thailand's Sugarcane Production by Region
10](#table-2-thailands-sugarcane-production-by-region)

[Table 3: Thailand's Sugarcane Yield by Region
10](#table-3-thailands-sugarcane-yield-by-region)

[Table 4: Thailand's Sugar Utilization by Domestic Industry
11](#table-4-thailands-sugar-utilization-by-domestic-industry)

[Table 5: Thailand's Average Prices of Domestic Plantation White Sugar
and Sugarcane
12](#table-5-thailands-average-prices-of-domestic-plantation-white-sugar-and-sugarcane)

[Table 6: Thailand's Average Final Price of Sugarcane by Zone
13](#table-6-thailands-average-final-price-of-sugarcane-by-zone)

[Table 7: Thailand's Monthly Export Price (FOB) for Raw Sugar (Baht/Ton)
14](#table-7-thailands-monthly-export-price-fob-for-raw-sugar-bahtton)

[Table 8: Thailand's Monthly Export Price (FOB) for Plantation White
Sugar (Baht/Ton)
15](#table-8-thailands-monthly-export-price-fob-for-plantation-white-sugar-bahtton)

[Table 9: Thailand's Annual Raw Sugar Exports (MTRV)
16](#table-9-thailands-annual-raw-sugar-exports-mtrv)

[Table 10: Thailand's Annual White and Refined Sugar Exports (MTRV)
17](#table-10-thailands-annual-white-and-refined-sugar-exports-mtrv)

[Table 11: Thailand's Average Quality of Cane Measured by C.C.S
18](#table-11-thailands-average-quality-of-cane-measured-by-c.c.s)

[Table 12: Thailand's Business Tax Rates for Cane and Sugar
19](#table-12-thailands-business-tax-rates-for-cane-and-sugar)

#   {#section .unnumbered}

# Executive Summary

MY 2006 sugarcane production is forecast to decline for the third
consecutive in response to continued drier weather conditions. Despite
the establishment of sugarcane-based ethanol production facilities in MY
2006, all sugarcane will likely be used for sugar production due to
limited sugarcane supplies. Sugar production slide is expected to
continue, leading to tighter exportable supplies, fueled by continued
growing domestic consumption. However, export prices will likely remain
at high levels due to tight global supplies. Refined sugar exports are
more profitable than those of raw sugar. Nevertheless, raw sugar exports
to the U.S. under the tariff-rate-quota are still so attractive that
Thai exporters would always welcome more market access to the U.S.

Despite increased upward pressure on sugarcane prices, the Government is
still encouraging the use of sugarcane for ethanol production.
Currently, the Government has approved\
24 ethanol plants with total production capacity of around 4.2 million
liters/day. The sugarcane/molasses -based ethanol will be produced in 15
plants, and the other nine plants will produce cassava-based ethanol.
However, the sharp increase in the current prices of sugarcane,
molasses, and even cassava, makes ethanol production unprofitable. Also,
government policy on sugarcane production and ethanol production has not
yet been finalized.

# 1. Sugarcane

+------------------+-------+-------+-------+-------+-------+-------+
| **PSD Table**    |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| **Country**      | **    |       |       |       |       |       |
|                  | Thail |       |       |       |       |       |
|                  | and** |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| **Commodity**    | **    |       |       |       | (1000 |       |
|                  | Sugar |       |       |       | HA)   |       |
|                  | Cane  |       |       |       | (1000 |       |
|                  | for   |       |       |       | MT)   |       |
|                  | Cen   |       |       |       |       |       |
|                  | trifu |       |       |       |       |       |
|                  | gal** |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
|                  | 2004  |       | 2005  |       | 2006  |       |
|                  |       |       |       |       |       |       |
|                  | Re    |       | Est   |       | For   |       |
|                  | vised |       | imate |       | ecast |       |
+------------------+-------+-------+-------+-------+-------+-------+
|                  | USDA  | Post  | USDA  | Post  | USDA  | Post  |
|                  | Off   | Est   | Off   | Est   | Off   | Est   |
|                  | icial | imate | icial | imate | icial | imate |
|                  | \[    | \[    | \[    | \[    | \[    | \[    |
|                  | Old\] | New\] | Old\] | New\] | Old\] | New\] |
+------------------+-------+-------+-------+-------+-------+-------+
| **Market Year    | 12    |       | 12    |       | 12    |       |
| Begin**          | /2003 |       | /2004 |       | /2005 |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Area Planted     | 995   | 1200  | 0     | 1050  | 0     | 1000  |
+------------------+-------+-------+-------+-------+-------+-------+
| Area Harvested   | 970   | 1050  | 0     | 990   | 0     | 950   |
+------------------+-------+-------+-------+-------+-------+-------+
| Production       | 69000 | 64500 | 0     | 48000 | 0     | 42000 |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL SUPPLY     | 69000 | 64500 | 0     | 48000 | 0     | 42000 |
+------------------+-------+-------+-------+-------+-------+-------+
| Utilization for  | 69000 | 64500 | 0     | 48000 | 0     | 42000 |
| Sugar            |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Utilizatn for    | 0     | 0     | 0     | 0     | 0     | 0     |
| Alcohol          |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL            | 69000 | 64500 | 0     | 48000 | 0     | 42000 |
| UTILIZATION      |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+

## 1.1 Production

Despite the current attractive farmgate prices at around 1,000 Baht/ton
(roughly U.S.\$ 26/MT), far above MY 2005 support prices of 620
Baht/ton, MY 2006 sugarcane production is forecast to decline, for the
third consecutive year, to 42 million tons in response to continued
drier weather conditions. The harvested areas of the northeastern
region, accounting for about 40 percent of total planted area, is
expected to drop by 30 percent due to drought. Also, the acreage
expansion will likely be limited by a seed shortfall, as seed cane was
reportedly also harvested for sugar in the severe drought-damaged areas
in the previous year. In the worst case scenario (low precipitation rate
continuing through May 2005), production is expected to shrink to 30-35
million tons. However, production is forecast to recover to 55-60
million tons in MY 2007, given normal weather conditions.

In MY 2005, sugarcane production is estimated at 48 million tons, down
significantly from the previous year, due to the drought-impacted
reduction in yield. The average yield is expected to decline sharply to
46 tons/hectare. The current ex-factory prices of sugarcane are up to
around 1,000 baht/ton (roughly U.S.\$ 26/MT), up significantly from the
previous year, and far above the support prices of 620 baht/ton (roughly
U.S.\$ 16/MT), as sugar millers are aggressively securing sugar supplies
for their pending shipments.

## 1.2 Consumption

All sugarcane is used for sugar production. Thai sugar mills are running
at approximately 60 percent of capacity due to drought-reduced sugarcane
production. The drought also dampened the average extraction rate of
cane for sugar to 108.2 kgs/ton of cane, as compared to 108.7 kgs/ton of
cane in the previous year. However, the dry conditions during the
harvest are good for sucrose content, up slightly to 12.17 percent, as
compared to last year's 12.09 percent. In anticipation of smaller cane
crops in MY 2006, sugar mills will likely be able to run at only around
52 percent of their capacity. As a result, the use of sugarcane in
ethanol production is expected to be limited. Also, at the moment, the
use of molasses, which is by-products of sugar production, is reportedly
not cost effective, as the prices of molasses increased significantly to
3,000 baht/ton (roughly U.S.\$ 78/MT) due to the limited sugarcane
supplies. Meanwhile the prices of ethanol are set at 12.75 baht/liter
(roughly U.S. 33 cents/liter). The surge in prices of sugarcane and
molasses reportedly would motivate half of the ethanol plants to shift
to cassava-based ethanol production.

## 1.3 Policy

The government set MY 2005 minimum prices of sugarcane at a record 620
baht/ton (roughly U.S.\$ 16/MT, ex-factory prices), far above the
production cost of around 580 baht/ton (roughly US\$ 15/MT), mainly due
to the surge in world sugar prices. It is expected that this year's
market prices will be higher than the minimum prices by around 400
baht/ton. The sharp increase in cane grower income will ease the current
financial problem of the state-run Cane and Sugar Fund, as part of this
increase from the price difference is subject to be collected for the
Fund. In general, the Fund's revenue comes mainly from the Value-Added
Tax (VAT) collected on domestic sales of refined sugar, amounting to
around 1,300 million bath annually. At the moment, the Fund has a total
debt burden to the Bank for Agriculture and Agricultural Cooperatives of
around 19 billion baht (roughly U.S.\$ 494 million), accrued by the
price support program during the past six years when market prices were
lower than the minimum prices. As a result, the Fund faces an annual
debt service of between 2,000 -- 3,000 million baht between CY
2005-2012.

The Government still encourages the additional use of sugarcane for
ethanol production in order to keep the price of sugarcane at the
current high levels and to reduce imported oil consumption. The
Government's Cane and Sugar Board recently proposed an additional
allocation of sugarcane for ethanol use in the amount of around 10
million tons, out of the regular allocation for sugar production,
including Quota A for domestic consumption, Quota B for long term export
contracts, and Quota C for exports to international markets. Sugarcane
growers will be guaranteed around 600 baht/ton for production allocated
to ethanol. This could reduce the supplies of Thai sugar on the world
market by about 1 million tons, which will put upward pressure on world
sugar prices. The extraction rate of cane for ethanol is around 70
liters/ton of cane.

At the moment, the Government has approved 24 ethanol plants with a
total production capacity of around 4.2 million liters/day. Three of
them are now supplying molasses-based ethanol at the capacity of around
400,000 liters/day to domestic oil refineries for gasohol production, a
mixture of 10 percent ethanol and 90 percent regular petrol. Ethanol is
used to replace imported Methyl Tertiary Butyl Ether (MTBE) in gasoline.
The sugarcane/molasses-based ethanol will be produced in 15 plants,
starting in CY 2006. Meanwhile, the other nine plants will produce
cassava-based ethanol. However, the surge in the current prices of
sugar, molasses, and cassava is a major concern among ethanol producers,
given the current sugar prices at 1,000 baht/ton against the ethanol
optimum prices of 600 baht/ton; molasses prices at 3,200 baht/ton
against 1,800 baht/ton; and cassava prices at 1.5 baht/kg against 1.2
baht/kg. Ethanol prices are set by the Government at 12.75 baht/liter.
However, according to the government target, demand for ethanol will
reach 3 million liters/day when gasohol replaces all regular gasoline.
At the moment, ethanol consumption is around 50,000 liters/day. By the
end of CY 2006 when all premium gasoline will be replaced by gasohol,
the ethanol demand will reach 1 million liters/day.

# 2. Sugar

+------------------+-------+-------+-------+-------+-------+-------+
| **PSD Table**    |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| **Country**      | **    |       |       |       |       |       |
|                  | Thail |       |       |       |       |       |
|                  | and** |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| **Commodity**    | **S   |       |       |       | (1000 |       |
|                  | ugar, |       |       |       | MT)   |       |
|                  | Cen   |       |       |       |       |       |
|                  | trifu |       |       |       |       |       |
|                  | gal** |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
|                  | 2004  |       | 2005  |       | 2006  |       |
|                  |       |       |       |       |       |       |
|                  | Re    |       | Est   |       | For   |       |
|                  | vised |       | imate |       | ecast |       |
+------------------+-------+-------+-------+-------+-------+-------+
|                  | USDA  | Post  | USDA  | Post  | USDA  | Post  |
|                  | Off   | Est   | Off   | Est   | Off   | Est   |
|                  | icial | imate | icial | imate | icial | imate |
|                  | \[    | \[    | \[    | \[    | \[    | \[    |
|                  | Old\] | New\] | Old\] | New\] | Old\] | New\] |
+------------------+-------+-------+-------+-------+-------+-------+
| **Market Year    | 12    |       | 12    |       | 12    |       |
| Begin**          | /2003 |       | /2004 |       | /2005 |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Beginning Stocks | 1045  | 1045  | 915   | 1194  | 585   | 724   |
+------------------+-------+-------+-------+-------+-------+-------+
| Beet Sugar       | 0     | 0     | 0     | 0     | 0     | 0     |
| Production       |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Cane Sugar       | 7010  | 6989  | 6520  | 5200  | 0     | 4500  |
| Production       |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL Sugar      | 7010  | 6989  | 6520  | 5200  | 0     | 4500  |
| Production       |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Raw Imports      | 0     | 0     | 0     | 0     | 0     | 0     |
+------------------+-------+-------+-------+-------+-------+-------+
| Refined Imp.(Raw | 0     | 0     | 0     | 0     | 0     | 0     |
| Val)             |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL Imports    | 0     | 0     | 0     | 0     | 0     | 0     |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL SUPPLY     | 8055  | 8034  | 7435  | 6394  | 585   | 5224  |
+------------------+-------+-------+-------+-------+-------+-------+
| Raw Exports      | 2630  | 2281  | 2450  | 1630  | 0     | 1300  |
+------------------+-------+-------+-------+-------+-------+-------+
| Refined Exp.(Raw | 2530  | 2579  | 2350  | 1990  | 0     | 1600  |
| Val)             |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL EXPORTS    | 5160  | 4860  | 4800  | 3620  | 0     | 2900  |
+------------------+-------+-------+-------+-------+-------+-------+
| Human Dom.       | 1980  | 1980  | 2050  | 2050  | 0     | 2100  |
| Consumption      |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Other            | 0     | 0     | 0     | 0     | 0     | 0     |
| Disappearance    |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Total            | 1980  | 1980  | 2050  | 2050  | 0     | 2100  |
| Disappearance    |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+
| Ending Stocks    | 915   | 1194  | 585   | 724   | 0     | 224   |
+------------------+-------+-------+-------+-------+-------+-------+
| TOTAL            | 8055  | 8034  | 7435  | 6394  | 0     | 5224  |
| DISTRIBUTION     |       |       |       |       |       |       |
+------------------+-------+-------+-------+-------+-------+-------+

## 2.1 Production

In anticipation of a continued drop in sugarcane production resulting
from unfavorable weather conditions, sugar production is forecast to
decline to 4.5 million tons in MY 2006, down for the third consecutive
year. MY 2005 sugar production is also estimated to shrink to 5.2
million tons. Most sugar mills will likely finish their crushing a month
early in March due to the shortfall of sugarcane. The allocation of
sugar production remains unchanged in MY 2005, including Quota A in the
amount of 2.0 million tons of plantation white sugar for domestic
consumption (compared to 1.92 million tons in the previous year); Quota
B in the amount of 800,000 tons of raw sugar to cover long term export
contracts; and Quota C (the balance) for export to the international
market. The Government requires that mills give priority to the
production of plantation white sugar for the local market, and raw sugar
for Quota B, over sugar for exports under Quota C (both white and raw
sugars). The increase in Quota A this year reflects the shift of
export-oriented food manufacturers who were allowed to buy relatively
cheaper sugar from Quota C in the previous year, as current export
prices are close to domestic prices. In MY 2003, they bought 240,000
tons out of the approved amount of 320,000 tons.

## 2.2 Consumption

MY 2005 and MY 2006 sugar consumption are forecast to continue the
upward trend, following the country's economic expansion. Direct
household consumption still dominates the market, accounting for about
68 percent of total domestic consumption. The balance goes for
industrial consumption. Beverage industry demand for sugar remains
strong, accounting for about half of total industrial uses, as the use
of high fructose syrup (HFS) is reportedly limited by high operating
costs. The HFS production in Thailand is mainly made of cassava starch,
of which the prices are also under upward pressure due to
drought-damaged cassava crops.

Domestic prices of sugar remain unchanged at 11.77 baht/kg (roughly U.S.
13.9 cents/lb) for wholesale, and 13.25 baht/kg (roughly U.S. 15.7
cents/lb) for retail. However, the wholesale price of molasses is
currently at around 3,200 baht/ton (roughly U.S.\$ 83/MT), up
significantly from around 1,800 baht/ton (roughly U.S.\$ 45/MT), in
response to the contraction in the sugarcane crop.

## 2.3 Trade

+--------------------+-------------+--------------------+-------------+
| **Export Trade     |             |                    |             |
| Matrix**           |             |                    |             |
+--------------------+-------------+--------------------+-------------+
| **Country**        | Thailand    |                    |             |
+--------------------+-------------+--------------------+-------------+
| ###### Commodity   | Sugar,      |                    |             |
|                    | Centrifugal |                    |             |
+--------------------+-------------+--------------------+-------------+
| Time Period        | Jan. - Dec. | Units:             | MTRV        |
+--------------------+-------------+--------------------+-------------+
| Exports for:       | 2003        |                    | **2004**    |
+--------------------+-------------+--------------------+-------------+
| U.S.               | 14615       | U.S.               | 14615       |
+--------------------+-------------+--------------------+-------------+
| Others             |             | Others             |             |
+--------------------+-------------+--------------------+-------------+
| Indonesia          | 1276410     | Indonesia          | 1327521     |
+--------------------+-------------+--------------------+-------------+
| Japan              | 565822      | Japan              | 754013      |
+--------------------+-------------+--------------------+-------------+
| China              | 208207      | China              | 286468      |
+--------------------+-------------+--------------------+-------------+
| Malaysia           | 448296      | Malaysia           | 577117      |
+--------------------+-------------+--------------------+-------------+
| Korea, Rep.        | 249473      | Korea, Rep.        | 228157      |
+--------------------+-------------+--------------------+-------------+
| Cambodia           | 112394      | Cambodia           | 195914      |
+--------------------+-------------+--------------------+-------------+
| Taiwan             | 260317      | Taiwan             | 418774      |
+--------------------+-------------+--------------------+-------------+
| Russia             | 713886      | Russia             | 76942       |
+--------------------+-------------+--------------------+-------------+
| Singapore          | 78142       | Singapore          | 117294      |
+--------------------+-------------+--------------------+-------------+
| Bangladesh         | 206036      | Bangladesh         | 304502      |
+--------------------+-------------+--------------------+-------------+
| Total for Others   | 4118983     |                    | 4286702     |
+--------------------+-------------+--------------------+-------------+
| Others not Listed  | 1245867     |                    | 533481      |
+--------------------+-------------+--------------------+-------------+
| Grand Total        | 5379465     |                    | 4834798     |
+--------------------+-------------+--------------------+-------------+

In anticipation of the smaller sugarcane crop resulting from the dry
weather conditions, sugar exports are forecast to decline to 3.6 million
tons in MY 2005, and to 2.9 million tons in MY 2006. The tight supply
situation will likely increase upward pressures on export prices.
Currently, raw sugar export prices reportedly continue to increase to
around U.S. 10 cents/lb (roughly U.S.\$ 220/MT), as compared to U.S. 8-9
cents/lb (roughly U.S.\$ 176-198/MT) in the previous year. Also, the
prices of refined sugar are reportedly higher than those of raw sugar by
about U.S.\$ 60/MT, as compared to only about U.S.\$ 30/MT in the past.
This resulted in the shift of raw sugar exports to refined sugar. The
share of raw sugar exports declined to around 45 percent of total sugar
exports, as compared to no less than 50 percent in the past. However,
raw sugar exports to the U.S. under the tariff-rate-quota (TRQ) are
still attractive, as export prices will remain well above the world
market prices. Thai sugar exporters continue to seek more market access
in the U.S., as they expect the U.S.'s TRQ allocation of raw sugar for
Thailand at approximately 185,000 metric tons (based on growing export
potential during the past seven years), against the current allocation
of 14,743 metric ton. Meanwhile, the Philippines are allocated up to
142,160 metric tons, despite its less export potentials.

Asian countries, in particular Indonesia, Malaysia, Japan and Taiwan,
will likely continue to be major markets for Thai sugar in MY 2005 due
to the freight cost advantage over Brazilian sugar by around U.S. 1-2
cents/pound (roughly U.S.\$ 25-40/MT). Indonesia's import demand
(Thailand's largest sugar importer) for raw sugar and refined sugar is
expected to remain strong due to the limited exportable supply from
other suppliers, like India, where the crops were reportedly damaged by
drought. India is also facing a sugar supply deficit, leading to greater
import demand from major suppliers, especially Brazil. India reportedly
needs to buy an additional 1 million tons in order to meet domestic
demand. Like India, China's sugar import demand is strong due to a tight
supply situation. Meanwhile, exports of Thai sugar to Russia are
estimated to continue the downward trend, as Brazil will likely be the
major supplier, with its bumper crop. At the moment, exporters are
facing difficulties in securing sugar supplies for their pending
shipments. Most exporters are limiting their short positions with
foreign buyers due to the current tight supplies.

In CY 2004, despite the continued increase in Thai sugar exports to
traditional markets in Asia, total sugar exports declined significantly,
following a sharp contraction of raw sugar exports to Russia. The
reduction in raw sugar exports to Russia reflected the production
recovery in Cuba, which is the traditional supplier of raw sugar to
Russia. Meanwhile, Taiwan was the emerging market for Thai raw sugar in
response to the tariff reduction following the WTO agreement.

## 2.4 Stocks

MY 2005 and MY 2006 stocks will likely shrink to new record lows for the
past five years, due mainly to continued contraction in the sugarcane
crop.

## 2.5 Policy

Thailand has had an import quota for sugar since 1995, following the WTO
agreement. However, import demand remains insignificant due to
sufficient domestic supplies.

![](media/image2.wmf){width="3.975in" height="2.6333333333333333in"}

After the petition of Australia, Brazil and Thailand to the WTO on the
EU's sugar subsidy, the EU has appealed the WTO's panel report on the
petition, which found that the EU subsidized sugar exports beyond the
level it formally notified to the WTO. The consideration will be
finalized April 28, 2005. If the protesting countries win the WTO case,
the EU has to limit its sugar export subsidy. This will result in more
export opportunities for these countries and an increase in world sugar
prices. Thai sugarcane growers will eventually be better off from the
resulting surge in farmgate prices. Also, the Government would be better
able to reduce its huge debt burden from the price support program of
the state-run Cane and Sugar Fund. However, sugar export volume will
stay limited during MY 2005 -- MY 2006 due to the tight domestic
supplies.

# 3. Supplementary Tables

## ![](media/image3.wmf){width="6.416666666666667in" height="1.4479166666666667in"}Table 1: Thailand's Planted Area of Sugarcane by Region

## ![](media/image4.wmf){width="6.583333333333333in" height="1.4666666666666666in"}Table 2: Thailand's Sugarcane Production by Region

## ![](media/image5.wmf){width="6.583333333333333in" height="1.5395833333333333in"}Table 3: Thailand's Sugarcane Yield by Region

## ![](media/image6.wmf){width="6.666666666666667in" height="4.329861111111111in"}Table 4: Thailand's Sugar Utilization by Domestic Industry

## Table 5: Thailand's Average Prices of Domestic Plantation White Sugar and Sugarcane

![](media/image7.wmf){width="6.0in" height="6.966666666666667in"}

## ![](media/image8.wmf){width="6.166666666666667in" height="4.101388888888889in"}Table 6: Thailand's Average Final Price of Sugarcane by Zone

## ![](media/image9.wmf){width="6.75in" height="4.329861111111111in"}Table 7: Thailand's Monthly Export Price (FOB) for Raw Sugar (Baht/Ton)

## Table 8: Thailand's Monthly Export Price (FOB) for Plantation White Sugar (Baht/Ton)

![](media/image10.wmf){width="6.75in" height="4.204861111111111in"}

## Table 9: Thailand's Annual Raw Sugar Exports (MTRV)

![](media/image11.wmf){width="6.666666666666667in"
height="3.704861111111111in"}

## ![](media/image12.wmf){width="6.833333333333333in" height="4.204861111111111in"}Table 10: Thailand's Annual White and Refined Sugar Exports (MTRV)

## Table 11: Thailand's Average Quality of Cane Measured by C.C.S

![](media/image13.wmf){width="5.997222222222222in"
height="5.767361111111111in"}

## Table 12: Thailand's Business Tax Rates for Cane and Sugar

![](media/image14.wmf){width="5.997916666666667in"
height="6.947222222222222in"}

End of Report.