Bangkok, May 4 -- The Trade Policy and Strategy Office (TPSO) of Thailand is urging sugar producers to pursue value-added strategies, shifting to a bio-economy while the office warns about a possible glut in the second half of this year. Nantapong Chiralerspong, Director-General of TPSO, was quoted by local media as saying that increased sugar cane and sugar output both in Thailand and the global market, coupled with Indonesia's self-sufficiency policy, require proactive industry adaptation. He said sugar stakeholders should align production with market demand, explore new export markets, and accelerate the industry's evolution towards value-added processing with a focus on bio-energy and bio-products. If major manufacturers produce more et...