The Commerce Ministry is ready to approve an increase in boxed milk prices to help dairy farmers if producers submit a request for an adjustment, in response to higher raw milk production costs. The price hike will be reviewed and approved within 15 days after receiving the request from entrepreneurs. The cost of importing raw materials for production, including freight rates for chemical fertilisers and steel, has increased, but this has yet to affect sales prices.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The Commerce Ministry is expected to consider and approve an increase in boxed milk prices if producers submit their requests for an adjustment, in line with higher raw milk production costs. Chakra Yodmani, deputy director-general of the Internal Trade Department, said following the Milk Board's recent approval of raising the ex-factory median prices for raw cow's milk by 2.25 baht per kilogramme to 22.75 baht per kg to help dairy farmers, the ministry is ready to comply with the price hike. Mr Chakra said the department will take up to 15 days to review and approve the price after receiving the request from entrepreneurs. "Adjustments in milk prices will not be uniform, varying according to the proportion of raw milk used in each product, including UHT milk, pasteurised milk and sterilised milk. Plain milk is expected to have the highest price increase as it contains 100% raw milk," he said. "This adjustment is expected to affect the retail prices of dairy products by an average ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.