Thailand - Thai government sets price for pork

Thailand’s Department of Internal Trade (DIT) at the Commerce Ministry has revealed a new formula to calculate pork prices locally after mounting complaints from consumers on high prices. Under the new method, wholesale pork price is set at a farm-gate price plus 10% while the retail price is the wholesale rate plus 7%.
Tuesday 14 July 2009 (8 years 7 months 10 days ago)
Thailand’s Department of Internal Trade (DIT) at the Commerce Ministry has revealed a new formula to calculate pork prices locally after mounting complaints from consumers on high prices. Under the new method, wholesale pork price is set at a farm-gate price plus 10% while the retail price is the wholesale rate plus 7%.

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