# Strong baht sends jitters through Thai export sector | Thai PBS World

> Thai private sector groups expressed serious concern that the baht, at its highest against the dollar in six years, may hurt exports of agricultural and consumer products. The Thai Rice Exporters' Association said 2019 rice exports may fall short of the 10-million-tonne target. The central bank may curb short-term capital inflows if they continue.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58867-strong-baht-sends-jitters-through-thai-export-sector-thai-pbs-world
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A strong baht makes Thai rice less competitive on world markets, which could trim Thai export volumes and modestly support rice prices elsewhere. The effect on feed commodities is small.

## Read by commodity

- RICE: bullish ▲
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-10-21 | [Strong baht sends jitters through Thai export sector – Customs Today Newspaper](https://feedsoft.ai/events/56854-strong-baht-sends-jitters-through-thai-export-sector-customs-today-newspaper.md) | -0.9% | -0.2% |
| RICE | 2017-08-09 | [India rice shipments slow as stronger rupee lifts export prices \| India rice shipments slow as stronger rupee lifts export prices](https://feedsoft.ai/events/69410-india-rice-shipments-slow-as-stronger-rupee-lifts-export-prices-india-rice.md) | +0.8% | +2.6% |
| RICE | 2019-03-22 | [Strong rupee pushes rice prices to seven-month high, dampening exports \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/60167-strong-rupee-pushes-rice-prices-to-seven-month-high-dampening-exports-commodity.md) | -1.6% | -6.0% |
| RICE | 2023-01-05 | [Government sees inflation's peak as it misses target for second straight year \| Philstar.com](https://feedsoft.ai/events/12192-government-sees-inflation-s-peak-as-it-misses-target-for-second-straight-year.md) | -0.2% | +1.6% |
| RICE | 2022-06-23 | [Wild 2022 in grain markets sparks 2008 comparisons \| Reuters](https://feedsoft.ai/events/40978-wild-2022-in-grain-markets-sparks-2008-comparisons-reuters.md) | +0.8% | +4.1% |

## Sources

- thaipbsworld.com: https://www.thaipbsworld.com/economy/strong-baht-sends-jitters-through-thai-export-sector

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