Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Minister Jurin Laksanawisit has officials investigating the markets

Thai middlemen warned against durian price collusion

Middlemen traders in Thailand are being warned they could face imprisonment and heavy fines if they collude to suppress the price of southern durians. Last week, Commerce Minister Jurin Laksanawisit said he instructed the Internal Trade Department and commerce officials in the southern provinces to investigate any attempt by middlemen to collude in refusing to buy durian and mangosteen, to suppress their prices.

Only about 5% of the durian output in southern provinces has been harvested so far. The average price of export-grade durian currently ranges from 130-135 baht/kg, compared to about 116 baht/kg last year, while the prices of export-grade mangosteen range from 74-98 baht/kg, compared to an average of 37 baht/kg last year.

Southern durian is harvested later than in eastern provinces, such as Prachin Buri, Rayong and especially Chanthaburi, which is the largest producer of durian in the country.

[ 100 baht = €2.60 ]

Source: thaipbsworld.com

Publication date: