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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%.
14 July 2009
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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%.

http://www.asian-agribiz.com/display.aspx?PageID=0&MemberID=0&screenwidth=1440

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