Jump to content

News Forum - Pork price crisis ups demand for poultry, chicken added to price control list


Thaiger
 Share

Recommended Posts

Thailand’s pork price crisis is causing an increased demand for chicken, leading poultry and egg prices to surge. The Ministry of Commerce has now added chickens and chicken meat to their price control list. The ministry now mandates that chicken raisers with over 100,000 chickens, and slaughterhouses with the capacity for over 4,000 chickens a day, disclose their quantity, stocks, and sales costs each month. The Central Committee on Prices of Goods and Services now requires all 55 domestic feed meal factories to list their sales costs, production volume, and stocks, as well as obtain approval from the International Trade […]

The story Pork price crisis ups demand for poultry, chicken added to price control list as seen on Thaiger News.

Read the full story

  • Cool 1
Link to comment
Share on other sites

It's interesting... Like the pandemic itself, seems like everything affecting the rest of the world affects THA 4 months later... Inflation hIt the West hard, and now it's hitting THA. Some of of it is likely manipulation by the producers and some of it is likely macroeconomics.

Edited by Cabra
Link to comment
Share on other sites

9 hours ago, Thaiger said:

The Ministry of Commerce has now added chickens and chicken meat to their price control list

The surest way to make sure of a shortage is to control the price.  If prices are high it encourages other producers.  If prices are restricted, the existing producers if they can't charge enough to cover their expenses, just stop raising chickens. 

If price controls worked, the government could just mandate the maximum amount for each product and eliminate any inflation whatsoever. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use