webfact Posted August 16, 2023 Share Posted August 16, 2023 The Thai Rice Packers Association has announced a 3 baht/kg price increase for packed rice, to 20 baht/kg, effective in September, citing increased production costs. The association’s president, Yongyut Phurkmahadamrong, admitted that the price increase of packed rice will affect most consumers, but said that the adjustment is necessary. He said the Internal Trade Department may, however, consider producing Blue Flag packed rice, for sale at a lower price to help the consumers. Full story: https://www.thaipbsworld.com/price-of-packed-rice-to-go-up-by-฿3-kg-in-september/ -- Thai PBS 2023-08-16 - 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. Get our Daily Newsletter - Click HERE to subscribe 2 Link to comment Share on other sites More sharing options...
StayinThailand2much Posted August 16, 2023 Share Posted August 16, 2023 3 baht?? Damn, that will push many, already highly in debt, over the edge... 3 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted August 16, 2023 Popular Post Share Posted August 16, 2023 17 hours ago, webfact said: The Thai Rice Packers Association has announced a 3 baht/kg price increase for packed rice, to 20 baht/kg, effective in September, citing increased production costs BS... pure gouging 1 3 Link to comment Share on other sites More sharing options...
Cake Monster Posted August 17, 2023 Share Posted August 17, 2023 1 hour ago, hotchilli said: BS... pure gouging Sure, but let the Children go hungry Link to comment Share on other sites More sharing options...
Ralf001 Posted August 17, 2023 Share Posted August 17, 2023 1 minute ago, Cake Monster said: Sure, but let the Children go hungry Children are typically the first to get fed. They not be going hungry. Link to comment Share on other sites More sharing options...
Popular Post arithai12 Posted August 17, 2023 Popular Post Share Posted August 17, 2023 15 hours ago, StayinThailand2much said: 3 baht?? Damn, that will push many, already highly in debt, over the edge... 17% increase on the main food ingredient is not something to joke about for some families 2 1 Link to comment Share on other sites More sharing options...
Yorkshire Tea Posted August 17, 2023 Share Posted August 17, 2023 18 hours ago, webfact said: citing increased production costs. So, the increase goes to the farmers? 1 Link to comment Share on other sites More sharing options...
RocketDog Posted August 17, 2023 Share Posted August 17, 2023 5 hours ago, Yorkshire Tea said: So, the increase goes to the farmers? Maybe a bit, but most will go to layers of middlemen. But for the record, if prices increase on virtually everything it's not a stretch to believe that affects the packaging companies too. Everybody but the middlemen have increases in operating cost. Link to comment Share on other sites More sharing options...
StayinThailand2much Posted August 17, 2023 Share Posted August 17, 2023 (edited) 8 hours ago, arithai12 said: 17% increase on the main food ingredient is not something to joke about for some families Some of the food I buy here is between 50% and 100% up in price. But yes, I'm just a foreigner, so who cares... Also, my point was that people who borrow a lot of money from money lenders, or banks, to pay for a new car or smartphone probably have other problems than 3 baht per kilo of rice... Edited August 17, 2023 by StayinThailand2much Link to comment Share on other sites More sharing options...
Spilornis Posted August 17, 2023 Share Posted August 17, 2023 India has banned the export of rice and Vietnam has announced its intention to drastically reduce rice production by 44% on the basis that the product is too water intensive. It's an emotive product due to its place in the history of many countries especially Japan. Will be interesting to see how each country adapts 1 Link to comment Share on other sites More sharing options...
scottiejohn Posted August 17, 2023 Share Posted August 17, 2023 (edited) 18 minutes ago, Spilornis said: Vietnam has announced its intention to drastically reduce rice production by 44% You missed out that the reduction is not immediate and is aimed at 2030 and that the environment is NOT the primary reason! I suggest they are hooking the climate change agenda to their financial decision to try and give it some "legitimacy! The move is aimed at “boosting the exports of high-quality rice, ensuring domestic food security, protecting the environment and adapting to climate change,” according to the government document, dated May 26 and reviewed by Reuters. https://www.reuters.com/article/vietnam-rice-idAFL1N37O016 Edited August 17, 2023 by scottiejohn Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now