MOC says pork prices starting to fall

[snoop1130]

 

BANGKOK (NNT) - Pork prices in the market have started to see declines, owing to price curbing efforts by the swine raisers association, slaughterhouses, grocery retailers and the Department of Internal Trade. Farm-front prices have also started to fall below the 110 baht temporary ceiling.

 

Department of Internal Trade Director-General Wattanasak Sur-iam revealed that demand for goods typically associated with Chinese New Year has risen as the festival is fast approaching. Meanwhile, the pork price at farms has dropped to 104 baht per kilogram in the Northeast and 106 baht per kilogram in the Eastern Region, based on January 25 prices. The price at farms is currently capped at 110 baht per kilogram.

 

Mr. Wattanasuk said the price of bottled palm oil has risen this year, which is a ‘golden year’ for oil palm growers as the price of palm fruit has reached 11 baht per kilogram. However, he said the produce will enter the market in February and more of it will reach market in March and therefore the price is expected to weaken.

 

The director-general said his department continues to monitor the price of bottled palm oil, and department stores have been asked to keep prices stable for this product.

 

-- © Copyright NNT 2022-01-27

 

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[worgeordie]

Supply and demand , there's much less demand due to it been much more 

expensive, supply there seems plenty about ,but it's been hoarded ,

regards Worgeordie

[Kenny202]

They ought to go check Tesco (CP and co). Pork prices dearest Ive seen so far 2 days ago at 240 to 280 baht, a day after seeing 180 baht in Big C. No surprise as they seem to own everything now

[hotchilli]

14 hours ago, worgeordie said:

Supply and demand , there's much less demand due to it been much more 

expensive, supply there seems plenty about ,but it's been hoarded ,

regards Worgeordie

There never was a shortage... it was gouging pure and simple.

Farmers, slaughter houses, storage facilities and middlemen all jumped on the band wagon.

A shortage of any other commodity would see empty shelves, I didn't see one vendor with an empty cart?

[brianthainess]

Well done Tony !  still able to sort out Thais problems from afar.