Equity Analysis /

Khon Kaen Sugar Industry PCL: Beneficiary of Russia-Ukraine war spillover

  • Russia-Ukraine war to trigger high sugar price and low stocks

  • Slight upward revision of 2022/23 sugar surplus—not meaningful

  • KSL’s bigger-than-estimated 2022 cane and sugar output

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
25 March 2022


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