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Thailand’s sugar syrup exports to China increased more than twelvefold by volume in the first eight months of 2020 when compared to the same period in 2019.
China’s sugar production in MY20/21 is expected to mostly recover from the previous year's drought, climbing to 10.7 million metric tons (MMT).
On February 6, 2020, the State Council Tariff Commission announced that China would cut in half the additional tariffs for certain commodities from the United States on February 14, 2020.