Sugar prices to rise in May amid soaring costsThe Thai Sugar Millers Corporation (TSMC) will keep sugar retail prices unchanged throughout April, but plans to raise prices in May. Rapid increases in plastic pellet prices have raised packaging costs, resulting in about a 40% increase in the prices of bags and sacks used for sugar packaging. He said sugar producers will keep retail prices unchanged until the end of April to help ease living costs for consumers. "In May, we have to adjust sugar retail prices to ensure long-term stability of the industry, enabling all stakeholders including consumers, businesses and farmers to navigate this period," he said. Meanwhile, prices for industrial buyers will remain unchanged for now to prevent ripple effects on other consumer goods prices and help maintain overall economic stability.
Source: Bangkok Post April 10, 2026 15:54 UTC