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The overall Thai economy is projected to slow down significantly due to the COVID-19 pandemic.
The outbreak of COVID-19 led to a decline in domestic demand for several food products, while other products experienced a surge in demand and temporary benefits.
The COVID-19 outbreak beginning in January 2020 is now under control, but the economy is moving towards recession as businesses lose revenue and households lose income from supply chain disruption...
MY2020/21 cotton imports are expected to grow at a slow pace in anticipation of weak or no economic recovery. MY2019/20 cotton imports reduce sharply due to an economic downturn caused by the COVID-19
The emergence of COVID-19 across the globe, including Thailand, is expected to negatively impact demand from both feed and food industries for most of 2020, leading to a reduction in consumption...