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Thailand's current-account surplus has lifted the baht to its highest level against the dollar in about two and a half years, up roughly 7% since the start of the year. Thai policymakers and exporters are worried the strong currency could hurt industry.
A stronger baht erodes Thai export competitiveness and can squeeze exporter margins, with little direct effect on feed commodity prices; the currency move is a background macro factor for Southeast Asian feed and commodity buyers.
asia.nikkei.comHIROSHI KOTANI, Nikkei staff writerOct 14, 2017Not 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.
