Thailand - Ban on border exports of pigs to hold down retail price
http://www.nationmultimedia.com/2011/06/25/business/Ban-on-border-exports-of-pigs-to-hold-down-retail--30158658.html
29-Jun-2011 (14 years 11 months 11 days ago)The Internal Trade Department expects pork prices to drop soon after it suspends swine exports across the borders to neighbouring countries next week.
The department will ask the Goods and Service Price Committee of the Commerce Ministry to ban border exports of swine to neighbouring countries after it found a significant rise of such exports to cash in on higher retail prices.
Pig prices in Thailand are controlled at Bt70 per kilogram, while prices in neighbouring countries, mainly Vietnam and Cambodia, are Bt80-Bt90 per kilo.
The department will ask the Goods and Service Price Committee of the Commerce Ministry to ban border exports of swine to neighbouring countries after it found a significant rise of such exports to cash in on higher retail prices.
Pig prices in Thailand are controlled at Bt70 per kilogram, while prices in neighbouring countries, mainly Vietnam and Cambodia, are Bt80-Bt90 per kilo.