May 24, 2012

According to reports, Pattaradorn Limkraiwattana, a pork trader at Mae Kim Heng market in Nakhon Ratchasima municipality, said a government measure to freeze fuel prices in the transport sector has not helped bring down pork prices.

She said the price of pork sold at farms has only gone down slightly, not enough for pork traders at the market to reduce prices on all cuts of pork.

Traders can only reduce prices by THB4 (US$0.13) per kilogrammes on tenderloin and pork leg, Ms Pattaradorn said. She said pork at the market is still generally priced up to THB150 (US$4.75) per kilogrammes.

On May 14, the cabinet approved a proposal from the Energy Policy Administration Committee to freeze prices on fuel. Planned increases in the price of compressed natural gas and liquefied petroleum gas for the transport sector are to be put on hold for three months.