# Weakening Thai baht forecast due to economic cost factors | Thaiger

> Analysts forecast the Thai baht will weaken, citing sluggish growth, higher freight costs and disagreement over interest rate cuts. They expect it to trade between 36 and 36.50 per US dollar this month.

- Date: 2024-03-01 · published 2024-03-01T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/31497-weakening-thai-baht-forecast-due-to-economic-cost-factors-thaiger
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A weaker baht makes dollar-priced feed imports more expensive for Thai buyers. Higher freight costs add a further layer to landed feed prices.

## Read by commodity

- USDTHB: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- thethaiger.com: https://thethaiger.com/news/business/weakening-thai-baht-forecast-due-to-economic-and-freight-cost-factors

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.