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The Bank of Thailand reported that inbound tourist numbers fell 76.4 percent year-on-year in March and exports dropped 2.2 percent. The central bank said the economy contracted more in March than February, with nearly all indicators down except imports and public spending.
Falling exports and demand from lockdowns signal weaker Thai economic activity, which can reduce demand for feed and animal protein in the region.
thaienquirer.comErich ParpartApr 30, 2020Not 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.
