Post by account_disabled on Dec 24, 2023 6:15:19 GMT
sugar factory Sends a signal to industries that use ethanol as a raw material for producing products to prepare to deal with increased raw material costs. After the amount of molasses which is an upstream raw material from the sugar production process The quantity decreased in the direction of sugar cane quantity. As a result, the price of molasses used to make ethanol increased. and affecting a high chain of industries that use ethanol as a raw material for producing further products. Mr. Siriwut Siempakdee, Vice Chairman of the Executive Board of Thai Sugar Miller Company Limited (TSMC), revealed that from an assessment of the amount of sugar cane crushed for the 2020/21 production season, it is expected that there will be production. Only 70 million tons of sugarcane were left, a decrease from the previous year.
This creates a continuous industry that uses by-products from the sugar production process to create added value. There is a risk from insufficient raw materials. Especially the molasses product or molasses, which is expected to Telegram Number Data decrease in quantity in the same direction as sugarcane production. After last year's production cycle, the amount of molasses was 3.38 million tons, or equivalent to 45.24 kilograms of molasses per ton of sugarcane. With this trend, the price of molasses has the opportunity to increase. As a result, the ethanol industry which is a related industry that uses molasses as raw material will be affected by the increased cost of molasses and the quality of this year's cassava production will decrease. As a result, the cost of cassava raw materials to produce ethanol will also increase. This causes entrepreneurs to manage production costs efficiently in order to align with the direction of demand for ethanol consumption within the country.
Meanwhile, downstream industries that use molasses (molasses) as a raw material for producing products such as Food and beverage production industry The liquor and pharmaceutical industries will be affected by increased production costs as well. "Sugarcane production goes into the crusher This is considered to be an upstream raw material this year that is expected to decrease in quantity. This causes the amount of molasses that is a by-product of the sugar production process to decrease in the same direction. Which is when the supply in the market decreases but the demand is still high due to increased demand. This will cause the selling price to increase and cause entrepreneurs to have to manage the risk of increased costs well,” Mr. Siriwut said. Meanwhile, the amount of bagasse or bagasse that is used as fuel for production Electricity to power plants Biomass work to sell electricity.
This creates a continuous industry that uses by-products from the sugar production process to create added value. There is a risk from insufficient raw materials. Especially the molasses product or molasses, which is expected to Telegram Number Data decrease in quantity in the same direction as sugarcane production. After last year's production cycle, the amount of molasses was 3.38 million tons, or equivalent to 45.24 kilograms of molasses per ton of sugarcane. With this trend, the price of molasses has the opportunity to increase. As a result, the ethanol industry which is a related industry that uses molasses as raw material will be affected by the increased cost of molasses and the quality of this year's cassava production will decrease. As a result, the cost of cassava raw materials to produce ethanol will also increase. This causes entrepreneurs to manage production costs efficiently in order to align with the direction of demand for ethanol consumption within the country.
Meanwhile, downstream industries that use molasses (molasses) as a raw material for producing products such as Food and beverage production industry The liquor and pharmaceutical industries will be affected by increased production costs as well. "Sugarcane production goes into the crusher This is considered to be an upstream raw material this year that is expected to decrease in quantity. This causes the amount of molasses that is a by-product of the sugar production process to decrease in the same direction. Which is when the supply in the market decreases but the demand is still high due to increased demand. This will cause the selling price to increase and cause entrepreneurs to have to manage the risk of increased costs well,” Mr. Siriwut said. Meanwhile, the amount of bagasse or bagasse that is used as fuel for production Electricity to power plants Biomass work to sell electricity.