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The Bank of Thailand kept its policy rate at 1.00% with a 6-0 MPC vote, its fourth consecutive hold since a February cut. Commerzbank notes a slightly less dovish tone, though authorities see policy staying on hold through 2026 and 2027.
A prolonged hold keeps Thai rate differentials unsupportive of the baht, which trades near the top of its 32.50-34.00 range. For feed buyers, a weaker baht can raise the local cost of imported feed inputs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.