Thailand: Alongkorn sets a minimum price for sea salt

Published 2023년 3월 30일

Tridge summary

The Thai Sea Salt Development Committee has set a minimum price for sea salt in an effort to stabilize the income of salt farmers and address issues related to price volatility. The minimum prices for white, medium, and black salt have been set at 1,800 baht, 1,500 baht, and 1,300 baht, respectively. The committee has also approved measures for the management and prevention of sea salt problems, and guidelines for the development of Thai sea salt using the BCG economic model. This model focuses on the development of the Thai Sea Salt Value Chain and aims to make sea salt producers into smart farmers, promoting integration and the creation of added value from biological resources.

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Original content

Alongkorn Ponlaboot, Advisor to the Minister of Agriculture and Cooperatives As the chairman of the Thai Sea Salt Development Committee, said after the 1/2023 committee meeting that in order to solve the problem of salt price volatility that affects the income of salt farmers, the committee has approved 1. Setting the minimum price for sea salt in 3 types of salt as follows: (1) White salt price 1,800 baht (2) Medium salt 1,500 baht (3) Black salt 1,300 baht which is the minimum price specified as a criterion for sea salt trading 2. Committee approved in principle Management and prevention measures to solve sea salt problems, production year 2022/23 to support the conditions of Thai sea salt production. 3. The Committee acknowledged the guidelines for developing Thai sea salt with the BCG economic model according to the Ministry of Agriculture's policies, which has guidelines, measures and operating mechanisms to drive Thailand's development with the BCG economic model in ...

Source: Naewna