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Thursday, May 2, 2024

Saha lobbies ministry in bid to raise noodle prices

Mr Boonsithi, right, and Mr Thamarat promote the 26th Saha Group Fair.

Saha Group, the country’s biggest consumer goods conglomerate, is calling on the government to allow it to raise product prices, especially Mama instant noodles, as raw material costs continue to rise.

Boonsithi Chokwatana, the group’s chairman, said yesterday Saha would like the Commerce Ministry, which supervises goods on the price control list, to allow it to hike on a gradual basis the prices of goods such as instant noodles and detergents because raw materials have significantly surged and keep rising because of the Russia-Ukraine war.

“The prices of instant noodles are allowed to increase around the world, whether it is in Japan, China or Taiwan. If we…

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