Govt sets palm nut price at B5/kg | Bangkok Post: business

Business > News

Govt sets palm nut price at B5/kg

  • Published: | Viewed: 3,981 | Comments: 2
  • Online news: News
  • Writer: Online Reporters
- +

Palm oil growers were preparing to end their rally after the government agreed to raise the price of palm nuts to five baht a kilogramme, report said on Wednesday. 

Palm oil growers had complained that palm nut prices have dropped in the past four months from 4-6 baht/kg to 2.50-2.60 baht/kg, while production costs for large-scale growers were 3.20 baht/kg and small farmers 4.29 baht/kg.

At noon on Wednesday, Sitthiporn Jariyapong, chairman of the Surat Thani Farmers' Council, and representatives from Chumphon, Ranong, Krabi, Nakhon Si Thammarat, Pang Nga, Trang and Surat Thani successfully negotiated with the government over the price of palm nuts.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

2 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments