The government of Thailand will stabilize the price policy and raise the price of food such as milk 2018-09-25 08:59:56 The government of Thailand will stabilize the price policy and raise the price of food such as milk soy sauce.
Prices of canned fish, soy sauce and cream have risen by 10% since March 1, according to Thai Wholesale and Retail Association President Sonchey.
Increasing prices of various products and increasing pressure on people's lives prompted people to spend more carefully. But in the face of rising prices, it is hard for the public to avoid being affected. Most of the products are daily necessities.
Chaining, managing director of the dairy company, said the company was prepared to apply for a higher price because the price of raw milk increased from 17 baht to 18 baht per kilogram early this year. At the end of last year, raw milk prices were raised from 16.5 baht to 17 baht, and the company filed an application for a price increase, but the Department of Internal Trade wanted the company to stabilize prices until the end of March. At present, the price of raw materials continues to increase, so it is necessary for the company to raise the price.
The chairman of the board of directors of Thailand said that because of the current increase in the price of palm tung oil, the cost of cleaning products increased, such as washing powder, detergent, soap, bath lotion and other products, the production process needs to use palm tung oil. However, the company can still maintain its price to 4 and May.
Although the cost of palm tung oil has increased, the company has not planned to raise the price of instant noodles, because the price increase of 1 or 2 baht is a large amount for consumers, and the instant noodles are closely related to people's lives, the company needs to reduce public pressure.
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