Swine breeders asked to limit prices

[webfact]

Swine breeders asked to limit prices

By THE NATION

 

 

Department of Internal Trade (DIT) director-general Whichai Pochanakij has asked the Swine Raisers Association of Thailand to limit pig prices to Bt80 per kilogram. The present price is around Bt75 to Bt80 per kilogram.

 

DIT deputy director-general Wattanasak Sur-iam said the price needs to be controlled so that pork prices are at most Bt160 per kilogram.

 

He also added that if pig prices went beyond Bt80 per kilogram, his department would limit swine exports.

 

The pork price has increased due to a lifting of the lockdown, with restaurants and hotels ordering more pork to meet an expected increase in demand. The reopening of schools has also spurred demand, Wattanasak said.

 

Another factor for the increase in pork prices was African Swine Fever in nearby countries and China, he said.

 

However, the department estimated that the increase in price would be only short term.

 

Wattanasak said the DIT won’t intervene over this “short-term” increase, as it would be advantageous for swine raisers, who had been affected by low prices.

 

The country exported 400,000 to 500,000 pigs last year.

 

In 2020, exports are expected to touch 2.16 million to 2.88 million pigs. This number is estimated to be at a safe level and will not affect domestic consumption.

 

Source: https://www.nationthailand.com/news/30391210

 

-- © Copyright The Nation Thailand 2020-07-13

 

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[boonrawdcnx]

Is Thailand introducing communist style price controls with a fascist government now ? Last time I checked we had a free market economy!?

[BritManToo]

Just now, boonrawdcnx said:

Is Thailand introducing communist style price controls with a fascist government now ? Last time I checked we had a free market economy!?

No, Thailand has always set prices on basic food items.

Why do you think Pepsi and milk prices haven't changed for years?

There's a price control list out there somewhere .........

 

"Listed foods include garlic, paddy, milled rice, corn, eggs, cassava, wheat flour, yoghurt, powdered/fresh milk, sugar, vegetable/animal oil and pork."

[BritManToo]

controlled list here ......

http://money.kapook.com/view218451.html