Ministry sticks to plan to help palm growers
Despite criticism, the Commerce Ministry stays committed to calling on retailers to mark up prices of cooking palm oil to reflect higher costs, in part to help boost domestic oil palm prices. “The department has been closely following up the oil palm and palm oil situation to strike a balance of the country’s overall palm market,”
Whichai Phochanakij, director-general of the Internal Trade Department said on Monday. “It’s the department’s direct responsibility to not only to supervise the fairness to consumers but also stabilise the prices of domestic farm product prices for farmers.”
Bangkok Post Reporter
