Worried the Russia-Ukraine conflict will severely impact fertiliser and animal feed prices in Thailand, Prime Minister Prayut Chan-o-cha has ordered a close watch on the retail prices of these products and talks on how to rely less on materials from the two countries.
Russia and Ukraine are major producers of materials used in animal feed and fertiliser production.
The conflict between the two has been driving oil prices up and adding more costs to the production of these products, government spokesman Thanakorn Wangboonkongchana said on Friday.
High oil prices alone have caused fertiliser prices to rise since late last year and the situation is now being exacerbated by the ongoing Russia-Ukraine conflict, he said.
In his latest order, Gen Prayut said he needs the Ministry of…
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