Khon Kaen Sugar Industry Plc forecasts sugar price edging lower this year

Global sugar prices are expected to stand at US$0.22-23 per pound in 2024, only slightly lower than a range of 25-26 cents per pound in the first half of this year, which was the highest rate recorded in 12 years, according to Thai sugar producer Khon Kaen Sugar Industry Plc (KSL).