Commerce Ministry manages longan, rice and cassava price stability

Prachachat•Economy•27m ago

Reader Briefing

The Department of Internal Trade is implementing measures to stabilize prices for longan, rice, cassava, and upcoming root crop harvests.

•The Department of Internal Trade aims to absorb 40,000 tons of longan from the North and East.
•Measures are in place to manage 3 million tons of paddy rice and 5 million tons of cassava stock.
•Business matching is being conducted to handle garlic, shallots, and onions entering the market in December.
•Director General Wattanasak Sueiam inspected product prices at Siriwattana Market in Chiang Mai.

•The Department of Internal Trade is absorbing 40,000 tons of longan through Blue Flag outlets, retail stores, and Thailand Post.
•The Department of Internal Trade has expanded longan sales channels to include the National Housing Authority and large housing estates.
•Longan sold through Blue Flag outlets is priced at 55 baht per kilogram.
•Garlic, shallots, and onions are expected to enter the market starting in December.
•Paddy rice prices for five types are higher than last year, with Hom Mali rice averaging 16,100 baht per ton.
•The Department of Internal Trade is supporting a 5 million ton cassava stock and absorbing 1 million tons into the energy sector.
•The Department of Internal Trade warned factories to provide advance notice if they must stop purchasing cassava to prevent price impacts.
•Inspection at Siriwattana Market in Chiang Mai showed sufficient consumer goods with stable prices, though some vegetable and egg prices declined.

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Department of Internal Trade(กรมการค้าภายใน)

The government agency managing agricultural product prices and market stability.

Thailand Post(ไปรษณีย์ไทย)ℹ️

An entity serving as a distribution channel for longan.

National Housing Authority(การเคหะแห่งชาติ)

An entity collaborating to increase longan distribution channels.

Wattanasak Sueiam(วัฒนศักย์ เสือเอี่ยม)

Director General of the Department of Internal Trade.

Siriwattana Market(ตลาดศิริวัฒนา)

A market in Chiang Mai Province where product prices were inspected.

Chiang Mai Province(จังหวัดเชียงใหม่)ℹ️

The location where the Department of Internal Trade conducted price monitoring and business matching.