Thai rice packers agree to delay price increase

[webfact]

 

The Internal Trade Department (ITD) has asked the Thai Rice Packers and Thai Millers associations to postpone their plan to increase the price of packed rice, to ease the burden on consumers.

 

ITD director-general Wattanasak Sur-iam met with representatives of the two associations yesterday (Thursday) for discussions on the Thai Rice Packers Association’s plan to increase prices in September by 3 baht per kilogram, citing the increase in rice prices from millers.

 

He said the two associations promised to cooperate with the department and freeze the price of packed rice for the time being adding, however, that they will wait and see whether the cost of milled rice increases further.

 

Full story: https://www.thaipbsworld.com/thai-rice-packers-agree-to-delay-price-increase/

 

-- Thai PBS 2023-08-18

 

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[hotchilli]

Price gouging, no need for rice prices to rise.

Millers getting greedy again.

[Cake Monster]

1 hour ago, hotchilli said:

Price gouging, no need for rice prices to rise.

Millers getting greedy again.

A 3 Baht / Kg on the price would put up street food by 5 baht per portion

" The Rice has gone up in price, we have to put up our prices " would be the cry from these price gougers also

3 Baht per Kg would equal 45 Baht per 15 Kg bag

From that Bag of Rice the Vendors would probably get in the region of close to 70 meal portions or more

Thats about 1/2 a Baht per portion

Thailand - The land of gougers

 

[jacko45k]

Let them eat cake... rice cake. 

[mikebell]

The farmers themselves will see no extra money; they are held over a barrel by the mill owners and shafted twice a year, if they are lucky.

[DJ54]

Watching news yesterday one shop (resellers) already upped the price