Thailand: Strong baht cuts fertiliser prices

22-09-2010 | |

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. ©
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(By Joyce Rainat)
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