Khon Kaen Sugar Industry PCLExpects higher cane crush and sees positive global sugar price signals, boosting future profits.
Khon Kaen Sugar, or KSL, expects its cane crush for the 2026/27 production season to rise to 8.5 to 9 million tonnes, up from 8.3 to 8.4 million tonnes in the current season, supported by improved mill efficiency, particularly at the Sa Kaeo plant which has a capacity of around 1 million tonnes. CEO Chalush Chinthammit said the company is beginning to see positive signals from global sugar prices, which have risen to 16 cents per pound with a chance of moving to 17 cents per pound, prompting it to defer some sales to next year. The benefits are expected to clearly boost profits from the fourth quarter of 2026 onwards. Meanwhile, KSL is in talks with new partners in industries that use sugar as a key raw material, such as ice cream and sweetened condensed milk, to extend its business and generate growth from existing resources and by-products.
Khon Kaen Sugar Industry PCLExpects higher cane crush and sees positive global sugar price signals, boosting future profits.
Global sugar prices expected to rise to 17 cents per pound, benefiting sugar futures.