Masks face market glut: price plunges by 50%

By The Nation

 

 

Face masks have now swamped the market, dragging down the price by 50 per cent from Bt20 a unit to Bt10.

 

Thai Garment Manufacturers Association president Yuttana Silpsarnvitch said that with garment entrepreneurs jumping in to produce fabric face masks, there will now be an oversupply in May as there is no new demand since masks are washable.

 

Garment exports have dwindled and might witness minus growth compared to previous years when exports expanded by 3-5 per cent a year.

 

Market share is expected to see a 50 per cent drop in the US, Europe and Japan. In the first three months, garment exports dropped -5.7 per cent, totalling Bt15.51 billion, he said.

 

These businesses will find it hard to continue operations, so the government has been asked to help, he added.

 

Source: https://www.nationthailand.com/news/30386844

 

-- © Copyright The Nation Thailand 2020-04-27

 

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I hope the hoarders get stuck with them,

regards Worgeordie

I thought that the Government had placed a controlled price of 5 baht a mask!

There is always the next wave or another virus on the way.

Stock up while you can because it's not going anywhere.

Headline should be "Free market works"

check these bad boys out. 

 

https://muddlesintomaxims.com/ratchaburi-community-artists-gorgeous-handmade-cloth-masks-made-to-order/

Made from genuine N95, PM2.5-stopping filter cloth I'm sure. Wouldn't give you plug baht for any of them.

 

Check this somewhat plausible/predictable news:

 

https://www.theguardian.com/environment/2020/apr/24/coronavirus-detected-particles-air-pollution

16 hours ago, JusticeGB said:

I thought that the Government had placed a controlled price of 5 baht a mask!

For heaven's sake! Constant nitpicking????

16 hours ago, NCC1701A said:

check these bad boys out. 

 

https://muddlesintomaxims.com/ratchaburi-community-artists-gorgeous-handmade-cloth-masks-made-to-order/

Ah, but to they offer 'Hello Kitty' masks?

18 minutes ago, PETERTHEEATER said:

Ah, but to they offer 'Hello Kitty' masks?

I have one for everyday.

18 hours ago, NCC1701A said:

check these bad boys out. 

 

https://muddlesintomaxims.com/ratchaburi-community-artists-gorgeous-handmade-cloth-masks-made-to-order/

The C mask reminds me of my ex MIL in Australia  

23 hours ago, JusticeGB said:

I thought that the Government had placed a controlled price of 5 baht a mask!

What they Say what they are going to do and What the Are doing are Two Different Things 

On 4/27/2020 at 3:08 PM, JusticeGB said:

I thought that the Government had placed a controlled price of 5 baht a mask!

We just got a supply, plus handwashing gel, delivered free  - courtesy of the local tessaban according to the missus. 

2 hours ago, Krataiboy said:

We just got a supply, plus handwashing gel, delivered free  - courtesy of the local tessaban according to the missus. 

Same here. A mask for every person registered on the tabien baan.