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Thailand's August exports rose 13.2% year on year, the fastest pace since January 2013, beating a Reuters poll forecast of 4.93%. Exports to the United States hit a record and shipments to China grew over 20% for ten months.
The commerce ministry expects 7% export growth in 2017 despite the strong baht.
Strong export volumes point to healthy Thai industrial and trade activity, a mild supportive signal for demand for imported commodities, though the story is mainly about trade rather than feed markets.
customstoday.mediaCT ReportSep 21, 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.
