Thailand Ministry of Commerce takes measures to prevent coconuts and coconut milk prices from falling

Published 2021년 5월 7일

Tridge summary

The Director-General of Thailand's Department of Foreign Trade, Mr. Kirati Rachano, has announced that a local coconut milk factory has stopped purchasing coconuts, sparking concerns among farmers about a potential drop in coconut prices. This concern is compounded by the upcoming market release of coconut products. The Ministry of Commerce is now actively investigating the situation and has urged the factory to buy more domestically-produced coconuts to stabilize local prices. The ministry will also strictly regulate coconut imports and monitor the market closely. This situation is further complicated by the COVID-19 pandemic's impact on market demand and trade.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mr. Kirati Rachano, Director-General of the Department of Foreign Trade, revealed that according to the news of the case of Lang and Coconut Milk Factory, it has started to limit the purchase or not to buy coconuts in the country. This makes coconut farmers worry that the price of coconut in the country may fall. Because coconut products are about to start coming out to the market. Therefore, the government is requested to strengthen the control of coconut and coconut milk imports, as well as more stringent controls on smuggling. From the above issues, the Ministry of Commerce By the Department of Foreign Trade And the Department of Internal Trade Not silent Urgently followed up to find information and facts to solve the problem immediately. The coordination of related parties, both farmers and entrepreneurs, is aware that the current limitation of coconut meat purchases may result from the inability to send to the scraper market or the fresh market as usual. Due to measures to ...

Source: Ththansettakij