Reference

Β·

Primary source

Thai sugarcane farm-gate reference price (2024)

~THB 1,000-1,200/tonne

As of2023/24 seasonΒ·Sources2Β·Primary

The OCSB-set farm-gate reference price for sugarcane in the 2023/24 season was in the range of THB 1,000-1,200 per tonne at 10 CCS, supplemented by a government price-support top-up mechanism. The price formula links to world raw sugar (ICE No. 11) with a domestic adjustment, allocating roughly 70% of mill-gate revenue to farmers and 30% to mills β€” a statutory split that has been unchanged since the 1984 Cane and Sugar Act framework.

Figure in context

The OCSB-set farm-gate reference price for sugarcane in the 2023/24 season was in the range of THB 1,000-1,200 per tonne at 10 CCS, supplemented by a government price-support top-up mechanism. The price formula links to world raw sugar (ICE No. 11) with a domestic adjustment, allocating roughly 70% of mill-gate revenue to farmers and 30% to mills β€” a statutory split that has been unchanged since the 1984 Cane and Sugar Act framework.

The OCSB-set farm-gate reference price for sugarcane in the 2023/24 season was in the range of THB 1,000-1,200 per tonne at 10 CCS, supplemented by a government price-support top-up mechanism. The price formula links to world raw sugar (ICE No. 11) with a domestic adjustment, allocating roughly 70% of mill-gate revenue to farmers and 30% to mills β€” a statutory split that has been unchanged since the 1984 Cane and Sugar Act framework.

Time scope

2023/24 season

Source basis

Primary source

Interpretation notes

What this tells you

The OCSB-set farm-gate reference price for sugarcane in the 2023/24 season was in the range of THB 1,000-1,200 per tonne at 10 CCS, supplemented by a government price-support top-up mechanism. The price formula links to world raw sugar (ICE No. 11) with a domestic adjustment, allocating roughly 70% of mill-gate revenue to farmers and 30% to mills β€” a statutory split that has been unchanged since the 1984 Cane and Sugar Act framework.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

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Thai sugarcane farm-gate reference price (2024) Β· Insight