Thailand

Khon Kaen Sugar Industry PCL: Sustained high sugar price plus bigger volume leads to GM expansion

  • Global sugar surplus estimate of 1m tonnes for 2022/23

  • Sustained high sugar price expectation at 18-20 cents/lb in 2022

  • Fatter sales, lower raw material costs and GM expansion in 2022

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Prasit Sujiravorakul @ Bualuang Securities
January 26th, 2022
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