ID :
161496
Wed, 02/16/2011 - 12:13
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Shortlink :
http://m.oananews.org//node/161496
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Thai government sells palm oil directly to consumers
BANGKOK, Feb 16 (TNA) - As Thailand is facing the shortage and high price of palm oil, the Thai Commerce Ministry, through internal trade offices across the country, is selling palm oil contained in one-liter bottles with blue caps directly to local consumers, but mostly limiting the purchased amount to only two bottles per buyer.
The Department of Internal Trade in Bangkok has distributed 12,000 liters of palm oil to each province to relieve the shortage and hardships of local consumers.
In Thailand's northern Phitsanulok Province, for example, palm oil in the one-liter bottles with blue caps is retailed at 47 baht per unit at the Provincial Hall, fresh markets in municipal areas, local shops and even department stores, prompting local consumers to form long queues to buy the cooking palm oil, as provincial authorities have limited the sale of palm oil to no more than two bottles per household. Any retailer selling palm oil above the controlled price of 47 baht per one-liter bottle are deemed to violate Thailand's 1999 law governing the prices of products and services and are liable to up to seven years in jail and/or a fine of up to 140,000 baht each.
In the eastern Chachoengsao Province, the Provincial Hall has been crowded with local people who have brought as many members of their families as possible to buy palm oil, as local authorities have limited the purchase of palm oil to only two bottles per buyer.
In the southern Krabi Province, local traders and consumers have formed very long queues to buy the government-subsidised palm oil, causing over 1,000 bottles of palm oil to be sold out in less than half an hour Wednesday morning (Feb 16). Therefore, all the 12,000 bottles of the officially-subsidised cooking palm oil should be sold out within three days--following the supply shortage of the product over the past there months. (TNA)
The Department of Internal Trade in Bangkok has distributed 12,000 liters of palm oil to each province to relieve the shortage and hardships of local consumers.
In Thailand's northern Phitsanulok Province, for example, palm oil in the one-liter bottles with blue caps is retailed at 47 baht per unit at the Provincial Hall, fresh markets in municipal areas, local shops and even department stores, prompting local consumers to form long queues to buy the cooking palm oil, as provincial authorities have limited the sale of palm oil to no more than two bottles per household. Any retailer selling palm oil above the controlled price of 47 baht per one-liter bottle are deemed to violate Thailand's 1999 law governing the prices of products and services and are liable to up to seven years in jail and/or a fine of up to 140,000 baht each.
In the eastern Chachoengsao Province, the Provincial Hall has been crowded with local people who have brought as many members of their families as possible to buy palm oil, as local authorities have limited the purchase of palm oil to only two bottles per buyer.
In the southern Krabi Province, local traders and consumers have formed very long queues to buy the government-subsidised palm oil, causing over 1,000 bottles of palm oil to be sold out in less than half an hour Wednesday morning (Feb 16). Therefore, all the 12,000 bottles of the officially-subsidised cooking palm oil should be sold out within three days--following the supply shortage of the product over the past there months. (TNA)
