Thailand: Alongkorn sets a minimum price for sea salt

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 ...