BANGKOK (NNT) – The Ministry of Commerce has imposed a six-month price freeze on chicken products to help consumers with alternative options due to soaring pork prices.

According to Wattanasak Sur-iam, director-general of the Internal Trade Department, the department has negotiated with chicken and egg-laying hen farmers to impose a price ceiling on chicken and egg prices for six months. The freeze will be in effect from mid-January to mid-June 2022.

Live chickens will be priced at 33.50 baht per kilogram. Fresh chickens – including or excluding offals – will cost 60-65 baht/kg, while chicken thighs and drumsticks will be priced at 60-65 baht/kg and chicken breasts at 65-70 baht/kg. Authorities are also currently negotiating with egg-laying hen farmers and the Department of Livestock Development to maintain the price of assorted chicken eggs at 3 baht per egg.

Officials say chicken and egg supplies are still able to meet consumer demand, with pork being the only product with issues due to low supply and high demand. Live pigs are priced at 108 baht/kg and the Ministry of Commerce has set up stalls to sell pork at 150 baht/kg until the end of January.

Wattanasak warns that price gougers will face legal action, with fines of up to 140,000 baht or up to 7 years in prison, or both.

He added that legal action will be taken against those found hoarding pork and hiking prices during the department’s inspection of pork supplies on January 10.

The director-general also said the ministry will initiate additional campaigns, such as setting up stalls nationwide to sell products to people at affordable rates, cooperating with manufacturers to provide more products for the Blue Flag scheme, and assisting farmers with their feed costs and rising expenses.

Information and Source

Reporter : Paul Rujopakarn

Rewriter : Paul Rujopakarn

National News Bureau : http://thainews.prd.go.th

About the author

Leave a Reply

Sign Up for Our Newsletters

Get notified of our weekly selection of news

You May Also Like

Insights into the impact of COVID-19 on Thailand’s households

In April 2020, the Thai government passed a 1 trillion baht borrowing decree to address health needs, provide relief, and economic recovery. An estimated 44 million Thais have benefitted from this social assistance and social insurance programs during the pandemic.

Thailand enters 2022 with gigantic fireworks

Due to concerns about the spread of Covid, visitors were required to show proof of vaccination (at least two doses) and a negative ATK result before entering the outdoor activities.

Wavering Consumers Confidence Due to Omicron Variant

According to TRA Vice President Chatchai Tuongratanaphan, the Retail Sentiment Index (RSI) for December 2021 showed a less-than-optimistic outlook due to new COVID-19 infections from the Omicron strain. The RSI in December was at 68.4, increasing only 6 points compared to 62.1 in November.