69597
Molasses Exports to Thailand at Record High
Economy, Domestic Economy

Molasses Exports to Thailand at Record High

Iran exported 31,230 tons of molasses to Thailand in June, which is a record monthly high since 2010, registering an eightfold increase compared with the previous month.
Molasses is a viscous product resulting from refining sugarcane or sugar beet juice into sugar. Sugarcane molasses is agreeable in taste and aroma, and is primarily used for sweetening and flavoring foods while sugar beet molasses is mainly used as an animal feed additive. ILNA did not specify whether the molasses exported to Thailand was refined from sugarcane or sugar beet.
According to Thai Customs Department, Iran-Thailand trade stood at $421 million in 2016, indicating a 36% rise year-on-year. During the year, Iran exported $153 million worth of commodities to Thailand, up 67% YOY, and imported $268 million in return, up 23% YOY.

Short URL : https://goo.gl/MGb4BY
  1. https://goo.gl/XJrrFk
  • https://goo.gl/anjwjZ
  • https://goo.gl/xZxrFk
  • https://goo.gl/yj7Q4D
  • https://goo.gl/tQLoKE

You can also read ...

 TCCIMA Secretary-General Bahman Eshqi speaking in Vienna on Nov.16
Iranian banks are expected to open their first branches in...
Iran has 9,000 online retail stores.
With the ever-growing developments in the World Wide Web,...
Tehran-Accra Expand Agro Coop.
Three memoranda of understanding were signed between Iran’s...
Helping the Quake-Stricken?  Not If They Are Iranians!
Iran is a hotspot of earthquakes and several of them have...
USD at  41,000 Rials
After the US dollar’s recent bull run that pushed the value of...
The first Iran-Luxembourg Forum opened on Wednesday and hosted...
Tesla Roadster Speeds in Front of Electric Truck
Tesla Inc upstaged its own debut of an electric heavy duty...
Imported Flat Steel Buying Thin Over Lower Local Prices
Buying activity in the Iranian flat steel import market was...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus