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Thailand's June exports grew 11.7 percent year on year to $20.3 billion, giving a trade surplus of $1.9 billion. The Ministry of Commerce forecasts 2017 exports will meet the 5 percent growth target despite the strong baht.
Solid export growth signals healthy regional demand for goods including poultry and rubber, though the effect on feed grain prices is limited. The baht's strength is a modest headwind to exporters' margins.
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.