Bottled Palm Oil Prices to Fall to B64-69/Liter

[snoop1130]

 

BANGKOK, July 12 (TNA) – The operators of all department stores agree to reduce the retail prices of one-liter bottled palm oil to 64-69 baht this week, according to the Department of Internal Trade.

 

Udom Srisomsong, deputy director-general of the department, said representatives of department stores already promised to cut the retail prices of one-liter bottled palm oil at their premises in accordance with the declining prices of oil palm nuts and crude palm oil.

 

However, the retail price reduction might be slow because high global oil prices raised transport costs, he said.

 

Full Story: https://tna.mcot.net/english-news-977817

 

-- © Copyright Thai News Agency 2022-07-12

 

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[SAFETY FIRST]

Not interested. 

 

What about extra virgin olive oil? 

 

[MrJ2U]

13 hours ago, snoop1130 said:

However, the retail price reduction might be slow because high global oil prices raised transport costs, he said

So price cuts most likely won't trickle down to the consumer.

 

As usual in Thailand. 

[4MyEgo]

11 hours ago, SAFETY FIRST said:

Not interested. 

 

What about extra virgin olive oil? 

 

Makro had Bertoli virgin oil on sale for 390 baht per 1 litre bottle when I was there last week, I would thin extra would have been about the same, usually around 500 baht.

 

Palm oil is so so bad for you yet they cook in it like a lizard flat out drinking. 

[jacko45k]

Still a bit pricey to pour straight into the truck fuel tank.

[RocketDog]

I wouldn't use it if it were free.

Horrible slop to pour into your bloodstream.

 

Used to use rice bran oil for a while but now won't use anything but olive oil. Cost is not an issue since I use very little oil in my diet anyway.

[hotchilli]

16 hours ago, snoop1130 said:

However, the retail price reduction might be slow because high global oil prices raised transport costs, he said.

Nice caveat.

[mahtin]

Big Food makes you sick, Big Pharma keeps you sick.

Just say No.

[hotchilli]

1 hour ago, RocketDog said:

I wouldn't use it if it were free.

Horrible slop to pour into your bloodstream.

 

Used to use rice bran oil for a while but now won't use anything but olive oil. Cost is not an issue since I use very little oil in my diet anyway.

I Use coconut oil..

[mahtin]

Just now, hotchilli said:

I Use coconut oil..

For cooking?

[hotchilli]

2 minutes ago, mahtin said:

For cooking?

Absolutely yes.

And for shallow frying I make my own Ghee... very healthy if used moderately 

Edited July 13, 2022 by hotchilli

[xtrnuno41]

Declining prices? If im right, I worked in a new plant, which was going to make bio propane from palm oil. Not yet in Thailand? Maybe worth thinking about that.