Thailand Market Review, Q1 2020: looking at uncertainty

In January alone, there were 586 products valued at more than THB2.3 billion (US$70m), a  30% increase in sales volume in the span of just one month. Compared to the same quarter last year, the 130% jump in issuance was even more spectacular. However, the optimism with which the new decade began was short lived and the first quarter ended with a massive contraction. For the entire month of March, there were only 122 products worth less than THB300m – a 79% decrease in sales volume. Unli