Equity Analysis /
Thailand

Khon Kaen Sugar Industry PCL: More bullish than before

  • Increased global sugar price expectations at 15-18 cents/lb in 2021

  • Scope for sugar price upside from La Niña impact on Brazil’s crop

  • Target price and 2021 earnings upgrade

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
21 January 2021