Equity Analysis /
Thailand

Thai Vegetable Oil PCL: Thai:Agro & Food-Panic selling on news of US biofuel blending mandate relaxation

  • Relaxation to US refiners on biofuel blending mandate underway

  • Above measure if approved—only a modest impact on SB price

  • USDA’s Jun report—tight US stocks to continue into 2021/22

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 June 2021