Authorities have ordered relevant government agencies to check up on the current inventory of oil palm in the country, as part of efforts to prevent stockpiling and mitigate rising prices.
Government Spokesperson Thanakorn Wangboonkongchana said Prime Minister Gen Prayut Chan-o-cha expressed concerns over rising palm oil prices driven by low production output.
The premier has urged relevant agencies, including the Ministry of Commerce and the Ministry of Agriculture and Cooperatives, to inspect the inventory of oil palm at warehouses nationwide.
Commercial affairs offices are also working with the police to inspect storage facilities, extraction plants and refineries to prevent stockpiling.
