KGI Sees Continued Chicken Price Recovery in Thailand's Meat Sector
KGI Securities (Thailand) is optimistic about the meat producer sector in Thailand, expecting continued price recovery for chicken in the third quarter of 2026.
The brokerage firm notes that domestic swine prices have climbed 3% over the past two weeks to reach THB 71.5 per kilogram, driven by steady consumer demand.
Broiler chicken prices held steady at THB 43.5/kg, with balanced supply and demand.
KGI's forecast for swine prices in 2026 is THB 65/kg, but if swine prices surpass and remain above THB 72/kg, it would exceed their expectations.