Equity Analysis /
Thailand

Thailand: Agro & Food - A 55% chance of “strong El Niño”

  • Further El Niño probability upgrade; 55% chance of “strong El Niño

  • Heavier precipitation in US in mid-May on stronger El Niño

  • Some correlation between “strong El Niño” and the raw tuna price

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
23 May 2023

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