Thailand - Thai government sets price for pork

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14-Jul-2009 (16 years 10 months 30 days ago)

Thailand’s Department of Internal Trade (DIT) at the Commerce Ministry has revealed a new formula to calculate pork prices locally after mounting complaints from consumers on high prices. Under the new method, wholesale pork price is set at a farm-gate price plus 10% while the retail price is the wholesale rate plus 7%.