webfact Posted August 16, 2022 Share Posted August 16, 2022 BANGKOK, Aug 16 (TNA) – The internal trade chief said he was aware that instant noodle manufacturers were facing higher production costs but he had to reject their request to raise the product price to eight baht per pack. Wattanasak Sueaiam, director-general of the Department of Internal Trade, said he acknowledged the press conference in which the five instant noodle manufacturers jointly sought permission to increase their product price from six baht to eight baht per pack due to rising production costs. He said that his department was carefully considering the matter to treat all parties fairly. However, it had not allowed any manufacturer to raise the price yet. If any operators increased it or hoard the products, they would be liable to a jail term of up to seven years and/or a maximum fine of 140,000 baht, Mr Wattanasak said. Full story: https://tna.mcot.net/english-news-998468 -- © Copyright Thai News Agency 2022-08-16 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! 2 Link to comment Share on other sites More sharing options...
JoePai Posted August 16, 2022 Share Posted August 16, 2022 Simple, keep the price at 6 Baht but put less in the packet 1 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted August 16, 2022 Popular Post Share Posted August 16, 2022 Mama noodle eaters will be happy. That's going to save them 60 baht a month they can use to buy a few eggs which have increased in price recently. 3 Link to comment Share on other sites More sharing options...
bradiston Posted August 16, 2022 Share Posted August 16, 2022 This always makes me laugh. 7 years or 140k fine. Wait, wait, I'm thinking. Err, think I'll go with the fine please guv. 1 Link to comment Share on other sites More sharing options...
Popular Post prakhonchai nick Posted August 16, 2022 Popular Post Share Posted August 16, 2022 Simple solution. If the manufacturers cannot make ends meet. STOP PRODUCTION. 3 1 Link to comment Share on other sites More sharing options...
Andycoops Posted August 16, 2022 Share Posted August 16, 2022 Easy solution, just reduce the amount of noodles per pack as I have seen in other produce and the Muppets can't do a thing. Link to comment Share on other sites More sharing options...
worldexpress Posted August 16, 2022 Share Posted August 16, 2022 Central Planning Committee has spoken. End of discussion. Long live hammer & sickle. Now on to a more important matter of a joint air exercise with the motherland. 1 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted August 16, 2022 Share Posted August 16, 2022 1 minute ago, worldexpress said: Central Planning Committee has spoken. End of discussion. Long live hammer & sickle. Now on to a more important matter of a joint air exercise with the motherland. I was really looking forward to splashing more cash out for my noodles, oh well I guess the ladies in Soi 4 or Cowboy wont be able to charge more to play with customers noodles now. 2 Link to comment Share on other sites More sharing options...
Rampant Rabbit Posted August 16, 2022 Share Posted August 16, 2022 Struth cant afford that, sod it Im off out parot fish hunting for me dinna Link to comment Share on other sites More sharing options...
Jumbo1968 Posted August 16, 2022 Share Posted August 16, 2022 6 hours ago, JoePai said: Simple, keep the price at 6 Baht but put less in the packet Yep Chang initially reduced the size of the large bottle and now the abv to keep the price down. 1 Link to comment Share on other sites More sharing options...
new2here Posted August 16, 2022 Share Posted August 16, 2022 7 hours ago, JoePai said: Simple, keep the price at 6 Baht but put less in the packet If I recall the Ministries list does specify the pack size/weight, so using shrinkflation isn’t probably going to work here… but i cede it’s a good idea. What Id wonder is why not subtly reduce output? they can’t artificially “stockpile” ... so they can’t manufacture it THEN withhold it from sale to artificially create a supply/demand gap… but if they are either loose money making it at this level (which i don’t think is going to be true) OR that their costs at these levels make producing the noodles essentially a lost-leader so-to-speak, then I might think about gradually cutting production of those noodles and divert their limited manufacturing capacity to items that aren’t price capped. the only other way i might see is substituting lower price ingredients.. but i’ll bet that will require a whole lot of work internally (ie sourcing, production etc) and probably also trigger the need for a review of their food permit as well… Link to comment Share on other sites More sharing options...
freedomnow Posted August 16, 2022 Share Posted August 16, 2022 Phew, my days of sunshine continue. 1 Link to comment Share on other sites More sharing options...
bradiston Posted August 16, 2022 Share Posted August 16, 2022 1 hour ago, new2here said: If I recall the Ministries list does specify the pack size/weight, so using shrinkflation isn’t probably going to work here… but i cede it’s a good idea. What Id wonder is why not subtly reduce output? they can’t artificially “stockpile” ... so they can’t manufacture it THEN withhold it from sale to artificially create a supply/demand gap… but if they are either loose money making it at this level (which i don’t think is going to be true) OR that their costs at these levels make producing the noodles essentially a lost-leader so-to-speak, then I might think about gradually cutting production of those noodles and divert their limited manufacturing capacity to items that aren’t price capped. the only other way i might see is substituting lower price ingredients.. but i’ll bet that will require a whole lot of work internally (ie sourcing, production etc) and probably also trigger the need for a review of their food permit as well… How about they remove the little packets of seasoning and charge 5.50 or 6? Then charge 1 THB or 50 satang for them if required? Or, use your own. Or, oh just take me away... 1 Link to comment Share on other sites More sharing options...
Popular Post Lorry Posted August 16, 2022 Popular Post Share Posted August 16, 2022 That's a 30% increase but obviously TV members don't see a problem. Wait until beer increases by 30% and see the reactions here. 2 1 1 Link to comment Share on other sites More sharing options...
hotchilli Posted August 16, 2022 Share Posted August 16, 2022 19 hours ago, JoePai said: Simple, keep the price at 6 Baht but put less in the packet Exactly what I was thinking... a private company held to ransom by the commerce ministry as to how much they can sell their product for. 14 years there has been no increase in sale price, yet in those same years the costs of materials and running costs have gone up. The company is expected to absorb these costs and loose profitability? Tell the commerce ministry, raise the price or we stop producing noodles and make something else or go bankrupt. Link to comment Share on other sites More sharing options...
hotchilli Posted August 16, 2022 Share Posted August 16, 2022 17 hours ago, ThailandRyan said: Mama noodle eaters will be happy. That's going to save them 60 baht a month they can use to buy a few eggs which have increased in price recently. I used to buy 30 eggs size zero for 98 baht six months ago [street vendor] Now 125 baht. 1 Link to comment Share on other sites More sharing options...
bradiston Posted August 17, 2022 Share Posted August 17, 2022 Searched everywhere but can't find a complete list of price controlled goods and services in Thailand. I can't see the price of chicken being controlled, even though it's supposedly on the list. It's doubled in 6 months. Ditto pork. The RPI in the UK is made up of a shopping basket of supposedly typical everyday goods. Do they include dried squid/shrimps here? Fish sauce? Pla ra? Rice (surely?). Anyone got a link? I've seen the lists which start "goods such as...", but nowhere a definitive one. And can't link to BKK Post. 1 Link to comment Share on other sites More sharing options...
bradiston Posted August 17, 2022 Share Posted August 17, 2022 1 hour ago, bradiston said: Searched everywhere but can't find a complete list of price controlled goods and services in Thailand. I can't see the price of chicken being controlled, even though it's supposedly on the list. It's doubled in 6 months. Ditto pork. The RPI in the UK is made up of a shopping basket of supposedly typical everyday goods. Do they include dried squid/shrimps here? Fish sauce? Pla ra? Rice (surely?). Anyone got a link? I've seen the lists which start "goods such as...", but nowhere a definitive one. And can't link to BKK Post. Here's a selection, FWIW: https://www.thaipbsworld.com/thailand-freezes-prices-of-46-products-for-another-year/ Link to comment Share on other sites More sharing options...
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