Equity Analysis /
Thailand

Thailand (Bualuang): Agro & Food -Sugar: USDA cuts Brazil’s 2021/22 output

  • USDA revised down Brazil’s 2021/22 cane and sugar output

  • USDA maintained Thailand’s 2021/22 cane but sliced sugar output

  • Brazil’s 2021/22 yields are projected at 63.1 tonnes/hectare

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
12 October 2021