Equity Analysis /
Thailand

Khon Kaen Sugar Industry PCL: Thailand: Agro & Food - USDA’s Nov report—positive on further sugar output cuts

  • USDA’s Nov report—positive on further 2021/22 sugar output cuts

  • Latest UNICA report—a further drop of Brazil’s cane/sugar output

  • Sustained high sugar price; Brazil’s minor 2022/23 output recovery

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
2 December 2021