Thailand: Strong baht cuts fertiliser prices
Fertiliser, among the 39 product items on the Commerce Ministry's price control list, should be cut by about 2,500 baht a tonne, as the strong baht has made imports cheaper, says Vatchari Vimooktayon, the department's director-general, adding that 16-20-0 fertiliser is still being quoted locally at 14,000 baht per tonne.
According to Mrs Vimooktayon, the department is also meeting with pork retailers to ask them to cut retail by 5 to-10 baht per kilogramme to no more than 105 baht per kilo.
CP Indonesia in buyback chicken feed firm
PT Charoen Pokphand Indonesia, the country's biggest producer of chicken feed, plans to buy back as many as 7 million shares; 0.21 per cent of out-standing total shares and will hold a shareholders' meeting on October 19 seek approval for the buyback.
(By Joyce Rainat)
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