Thailand news — Vesper

Thai cane area at risk from higher tapioca prices

Thailand's 2026/27 cane area looks set to shrink as tapioca pays better, and the mills are turning to white sugar exports for the rest of the year.

EU sets an audit timeline for Brazil's poultry ban, opens a duck dispute with China

The EU has attached a firm audit calendar to Brazil's poultry suspension and opened a new anti-dumping case against Chinese duck imports.

El Niño risk spreads across sugar-growing regions, lifting prices

Sugar futures rose 3.8% as El Niño intensifies, threatening crops in Brazil, India, Thailand and the EU just as the 2026/27 balance tightens.

Most starches firm on rising costs; potato holds steady

Wheat, tapioca and corn starch are firming on higher input costs and tight supply, while potato starch holds steady on ample stocks and weak demand.

White sugar rallies on weather risk while physical prices sit still

White sugar futures rallied to $475/mt on El Niño and heatwave risk to crops in India and the EU, even as physical prices stayed calm on comfortable supply.

A new-crop tender resets EU sugar price expectations

A single tender has shaken assumptions across the European sugar market. A multinational bought 2026-27 sugar at €530 DDP delivered to its EU factories, a...

Chicken prices fell across the board last month, but the autumn outlook points higher

Brazilian chicken breast fillet led a broad decline in poultry prices over the past month, dropping 16% to around €2,890 per tonne. It was the steepest move ...

Thai cane pivots to tapioca as China's sugar surplus builds

East Asia's sugar markets are heading into the new season with weather and policy pulling in different directions. In Thailand, the three-month outlook...

El Niño risk reshapes sugar's 2026/27 supply outlook

Raw sugar edged higher this week, supported by Brazil's planned anhydrous ethanol blending rate increase from 30% to 32% (pending formal approval at a CNPE...

Indian basmati prices climb on tight supply and Gulf shipping uncertainty

Indian basmati prices have moved higher over the past three weeks, with 1509 Steam rising to USD 90 to USD 91/quintal from USD 82 to USD 83/quintal at the...

Energy costs drive starch prices higher across wheat, corn and tapioca

Wheat, tapioca and corn starch prices all rose month on month in April, with rising energy costs linked to the Middle East conflict putting pressure on...

China set to overtake Brazil as world's top chicken meat producer

China set to overtake Brazil as world's top chicken meat producer in 2026 The global poultry trade is approaching a structural shift. USDA forecast data...

Southeast Asia biodiesel mandates reshape palm oil supply outlook

Three major Southeast Asian palm oil producers are stepping up biodiesel blending mandates in moves that will reshape the feedstock picture for global...

Vegetable oil prices ease on ceasefire news, palm oil outlook mixed

A two-week ceasefire agreement between the United States and Iran, announced on April 8, triggered a sharp decline in Brent crude oil, sending immediate...

Middle East conflict drives Brazilian chicken prices higher

Brazilian chicken meat prices have reversed sharply in week 14, ending a bearish trend that had held for several months. Whole bird and cut prices rose...

Why a $100 oil price isn't lifting sugar markets

Crude oil briefly touched $100/barrel following the closure of the Strait of Hormuz, a move that would normally push ethanol economics higher and redirect...

Thailand's sugar output set to fall as disease and labour shortages reshape next season

Thailand's sugar sector faces a significant production decline in 2026/27, as white leaf disease, reduced migrant labour, and a shift...

European poultry market remains under pressure after brief February recovery

A brief price recovery in February driven by the return of school meals and salary arrivals has not reversed the broader downward trend in...

U.S. broiler production forecast at 1.5% growth for 2026

U.S. broiler production projected to reach 48.7 billion pounds in 2026 with 1.5% growth. Analysis of export trends, placement data, and...

European poultry fillet prices face continued pressure after holiday demand fades

Chicken breast prices fell across Thailand and Brazil in January after European holiday demand faded. Wings remained stable with...

Trump tariffs begin in India, with rice, dairy, and tea amongst products impacted

US tariffs of 50% on most imports from India kick in today, affecting key commodities like basmati rice, spices, pulses, tea and dairy.

Starch procurement faces uncertainty as Trump tariffs reshape supply chains

Trump's 10% tariffs on major starch exporters create procurement challenges as food demand stays strong but industrial applications weaken.

Sugar prices hit four-year low as global surplus outlook emerges

Sugar futures hit lowest levels since 2021 as global surplus emerges. Brazil production recovers while European markets face mixed signals.

China's massive Sugar purchases signal market shift as Asian production outlook strengthens

China purchases 2.5M tonnes raw sugar exhausting import quota while Thailand's production outlook strengthens.

Sugar prices under pressure as global surplus expectations dominate market sentiment

Global sugar surplus drives prices lower despite European beet acreage cuts and drought stress. Raw sugar hits $17.2/lb.

Weather shifts ahead: La Niña’s impact on the global sugar market in 2024

Discover how La Niña's 80% likelihood in the second half of 2024 can impact the global sugar market production.

Global sugar prices: a temporary standstill or a prelude to change?

Global sugar prices staged a substantial recovery in January, driven by industrial buying, dry Brazilian weather, and lower 2024/25 output forecasts.

Sugar market trends 2024: Growing Reliance on Center-South Brazil

Sugar market trends 2024: Explore the balance between global sugar stocks, historically low sugar prices and supply and demand uncertainties.

Global sugar market update: a bittersweet forecast for Q1'24

Get the latest on Q1'24 global sugar forecasts with Vesper. Learn what makes the outlook bittersweet for better investment choices.

Logistical bottleneck keeps sugar prices elevated, as the global market leans on Brazil

Weather-related challenges in Thailand and India strain global raw sugar supplies, increasing reliance on Brazil. Sugar prices remain high due to logistical con

Monsoon woes and production delays: price increase

Understand how monsoon woes and production delays are driving price increases. Vesper offers timely insights for your commodity investments.

Brazilian Real and Crude dips lower sugar prices

The sugar market has been experiencing a series of ups and downs, with prices recently retreating due to the weakening of the Brazilian real and a drop in crude

Projected Global Shortfall Spurs Surprising Price Decline

Navigate the surprising dynamics of the global sugar industry in the face of projected deficits. Discover how key regions like Brazil, India, EU, Ukraine, and T

Highlights on the global sugar market: Prices slump on the outlook of a massive Brazil crop

After 5 weeks of hiking sugar prices, it seems that the market was expecting further confirmation on the first production numbers from Center-South Brazil,...

Highlights on the global sugar market: Crop slowdown, export delays, and weather disruptions

Stay updated with Vesper's highlights on global sugar market factors. Learn about crop slowdowns, export delays, and weather impacts.

Global Sugar Market Update: Prices Drop Due to Anticipated Large Brazil Harvest

Understand the drop in global sugar prices with Vesper. Learn how Brazil's large anticipated harvest impacts your trading strategy.

Highlights on the global sugar market: Is the long-term bearish sentiment gone?

Explore with Vesper whether long-term bearish sentiment in the global sugar market has shifted. Make better-informed investment choices.

Highlights on the Global Sugar market: Supply remains tight

Sugar prices rise due to supply concerns in Brazil, India, Thailand, Egypt, and Algeria export bans, plus UAE operational issues.

Highlights on the Global Sugar Market: Stable present, bearish future

Sugar prices steady after India's lowered production forecast; Thailand's strong output supports export growth.

Highlights on the global sugar market: an expected surplus despite uncertainties

The global sugar market outlook stays positive with higher production forecasts for leading producers, despite emerging India and Thailand concerns.

Sugar prices slightly reacting to signals of supply in the next months

Global sugar markets face tight stocks into Q4-22, turning deficit for raw until Q1-23, easing with Brazil's new crop in Q2.

Certified sustainable palm oil (CSPO) production increases by almost 6% from last year

Production of certified sustainable palm oil (CSPO) increased by almost 6% last year, according to the Roundtable on Sustainable Palm Oil (RSPO)’s latest...