บทวิเคราะห์ (Research)

Over the past two weeks, domestic meat prices were stable. Swine prices domestically and in Vietnam remained strong as disease continues to limit supply. Meanwhile, the swine price in China decreased 5% to CNY14.6/kg due to weak demand. Overall feed prices continued to be supportive for meat producers. Chicken export also remained solid in January thanks to demand in Europe and Japan. Betagro (BTG.BK/BTG TB)* is still our top pick with its earnings expected to show a substantial increase in 1Q25F backed by increasing domestic swine price and improved sales mix helping to boost GPM