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Friday, April 26, 2024

Call for end to price fixing of fertilisers

Rice farmers spray fertilisers and pesticides on their paddy field in Suphan Buri province. Current domestic fertiliser prices have risen more than 100% from the same period last year. Thiti Wannamontha

Thai fertiliser and agricultural supply operators have called on the government to end its domestic fertiliser price fixing because they are being crushed by rising production costs and a recent Russian ban on fertiliser exports.

Plengsakdi Prakaspesat, president of the Thai Fertilizer and Agricultural Supplies Association, said local fertiliser traders and producers have faced rising production costs since the end of last year, but have been unable to raise their prices accordingly because the government has fixed domestic fertiliser prices, asking for cooperation from producers and traders to maintain…

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