Thailand to remove sugar from controlled product list

Commerce Minister Phumtham Wechayachai is prepared to remove sugar from the list of price-controlled products with consent from stakeholders.

Commerce Ministry ready to remove sugar from controlled product list

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, effective from November 2nd. This move has caused approximately 50 sugarcane millers to threaten to suspend operations in protest.

Committee formed to tackle the sugar price…