# Baht upheaval carries across industries - Open Development Mekong

> The Bangkok Post reports that Asia Plus Securities estimates the baht's 6% year-to-date appreciation hurt agriculture, electronics, and food and drink exporters most. Exporters earning dollars with baht costs, such as Sri Trang Agro, lose about 5% of profit for each additional baht drop against the dollar.

- Date: 2017-06-08 · published 2017-06-08T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70787-baht-upheaval-carries-across-industries-open-development-mekong
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Stronger baht cuts margins for Thai agricultural exporters and may slow dollar-priced agricultural shipments, a small bearish factor for regional farm commodity trade flows.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- opendevelopmentmekong.net: https://opendevelopmentmekong.net/news/baht-upheaval-carries-across-industries/

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