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Edible oil processors told to maintain retail prices

Bangkok Post LogoBangkok Post2d ago

Edible oil processors told to maintain retail prices - Bangkok Post

Quick Summary:

The Commerce Ministry has urged edible oil processors not to raise retail prices as there are no factors affecting production costs.

This association and the Palm Oil Refinery Association have pledged to cooperate with the government's efforts, agreeing to suspend exports and work together to stabilise prices.

Any misconduct, which includes overpricing, hoarding or refusing to sell such products, is considered an offence under the Price of Goods and Services Act of 1999.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 08:13:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23386930

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 21 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 21 news stories per day.

It's most recent story was published 3 hours ago.

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  • URL: https://beamstart.com/news/edible-oil-processors-told-to-17306845219783

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