Bangkok: The Ministry of Commerce is considering classifying plastic pellets used in bottled drinking water as a controlled product. The Ministry is preparing to propose that these plastic pellets be classified as a controlled commodity, alongside measures that require consumers to obtain permission before any price increases. Additionally, the Ministry is set to launch the “Thai Helps Thai” project to provide consumers with more product options.
According to Thai News Agency, Mr. Kornit Nonchui, Inspector General and Deputy Spokesperson of the Ministry of Commerce, stated that the Ministry is aware of the impact of energy costs on commodity prices. The Ministry has been actively working with retailers and manufacturers to freeze prices, citing existing stock as a reason against price hikes. Amidst the uncertainty from the Middle East conflict, the Ministry, under the direction of Minister Ms. Supajee Suthamphan, has engaged with retailers, trade outlets, suppliers, and trade associations to implement the “Thai Helps Thai” project. This initiative aims to procure essential goods in a house brand format, such as rice and canned food, to offer more consumer choices and ensure the distribution of essential goods nationwide.
In addition to the “Thai Helps Thai” project, the Ministry plans to propose an upgrade in legal measures to the Central Committee on Commodity Prices, aiming to increase the number of controlled essential goods, including plastic pellets affected by current unrest. Control measures will be adjusted to require permission before any price increases for items such as toilet paper and soap.
Moreover, the Ministry intends to distribute consumer goods through Blue Flag stores from March to August, continuously providing affordable products nationwide. For farmers, the Ministry will launch the Green Flag Plus project to reduce costs, including lowering fertilizer prices during peak cultivation seasons.
Mr. Kornit highlighted that the Ministry has deployed senior executives to monitor trade situations, inspecting prices at various locations. Some price adjustments were observed, notably in meat due to cost and weather factors, while vegetable prices remained stable. Recent inspections revealed 13 violations in 9 provinces, primarily concerning price tag displays.
The Ministry of Commerce remains committed to monitoring prices and ensuring cooperation with producers to prevent price gouging during this period.