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Wednesday, May 8, 2024

Commerce Ministry ready to withdraw sugar from controlled product list

File photo : Commerce Minister Phumtham Wechayachai

Commerce Minister Phumtham Wechayachai has assured representatives of sugarcane growers that his ministry is ready to remove sugar from the list of price-controlled products, if there is consent from all stakeholders.

The Central Committee on the Prices of Goods and Services (CCPGS) has issued an announcement adding sugar to the list of controlled products, after the Sugar and Sugarcane Committee decided to increase the ex-refinery prices of white and pure white sugar, for the 2023-24 harvest, by 4 baht/kg, from 19 baht and 20 baht/kg respectively, effective from November 2nd.

The announcement by the CCPGS has prompted about 50 sugarcane millers to threaten to suspend operations in protest.

At a meeting with representatives of four sugarcane growers associations on Thursday, Phumtham said it was agreed that a committee, headed…

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