Cooking gas crushed households, up today, 1 baht per kilogram, 15 kg tank, 378 baht pounding.

Thai Rath Edition

  • economy

  • economy-policy

1 July 2022 5:05 a.m.

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Thai people have a headache.

After many types of goods parade up the price of the whole land

Crying for cooking gas (LPG) price increases again.

From July 1, the price will be increased by 1 baht per kg, making the retail price of cooking gas, a 15 kg tank, will be at 378 baht / tank. PTT estimates the average price of Dubai crude oil this year touches 103- $104 per barrel

The Ministry of Commerce grabbed a knee to talk to a department store-convenience store.

All confirmed that the selling price has not been increased.

While the Department of Internal Trade admits soft drinks are prepared to raise prices on July 1, but in the bad news, there is still good news.

Thai Rice Entrepreneurs Association

Thai Rice Mill Association

Northeast Rice Mill Association

Confirmed not to increase the price of bagged rice, but will establish a point for selling inexpensive bags of rice throughout the country together with the Department of Internal Trade

While Boonrawd could not hold back, he asked to adjust the price of "Beer Leo" by 1 baht.

Thai people cough again after the product, both consumer goods.

Consuming expensive all over the country. On July 1, the price of cooking gas (LPG) will increase another kilogram (kg) by 1 baht per kilogram, resulting in the retail price of cooking gas for a tank of 15 kg. will increase another 15 baht to a price of 378 baht per tank according to the resolution of the Energy Policy Administration Committee (MPG) chaired by Energy Minister Supattanapong Punmeechaow to reduce the burden of compensation LPG price of oil funds

to help people according to the previous government policy

The government also provides a discount on the purchase of cooking gas for low-income earners through a government welfare card of 100 baht/person/3 months, effective from July 1 to September 30.

Meanwhile, on June 27, the oil fund was in a negative state of 102,586 million baht, the highest in history.

Divided into a negative oil account of 65,202 million baht, a negative LNG account of 37,384 million baht, with a liquidity deposit of the oil fund of 3,310 million baht. The latest oil fund compensates for the retail price of oil at 10.77 baht / liter to hold the price at 34.94 baht. /liter not to exceed the ceiling of 35 baht / liter from the actual price will be 45.71 baht / liter

Mr. Attaphol Rerkpibul, Chief Executive Officer and President of PTT Public Company Limited revealed that PTT assessed that

The price of crude oil in the last six months of this year will be stable at a high level of 100 dollars per barrel plus minus.

Or the average price this year is 103-104 dollars per barrel.

It is the highest in history.

Consequently, the overall retail price of energy in Thailand, including oil, natural gas, NGV and LPG, is still high. Therefore, the solution to this problem is that all sectors must work together to save energy.

to reduce the cost of importing energy from abroad during the expensive period

while all businesses in the group

PTT insures price risk

Products to manage risks from price fluctuations are already supported.

“Personally, I think

Crude oil prices in 2023 will weaken below $100 a barrel.

If there are no more unexpected situations, such as conflicts between superpowers

Mild sanctions against Russia

The price of crude oil is likely to weaken next year.

because it is expected to absorb more crude oil production into the world market

After the group of the world's largest oil-producing and exporting countries (OPEC) plans to increase oil production per month by 600,000 barrels per day.

By the end of this year, another 3 million barrels per day of crude oil will be supplied to the world market.

In addition, the direction of the world economy is not growing much.

The demand for oil is still not flashy.

Therefore, it will likely result in a weakening of oil prices,” Mr Attapol said.

Chief Executive Officer and President, PTT Public Company Limited, said that the outlook for PTT's performance in the second quarter is expected to increase sales from the first quarter and higher than the previous quarter. The same period last year, in line with the direction of rising oil prices and COVID-19.

begin to unravel

Including the opening of the country, the economic activities began to become more active.

As a result, the group's income

PTT has increased in the last 5 months of this year. PTT Group will continue to expand energy investments according to the 5-year investment plan, as most of them are investments in energy infrastructure that require long-term investment plans.

to support future economic growth

But investing in businesses that are not the trend of the future of the group

PTT will not invest more, such as oil refinery business, etc. In the first 6 months of this year.

PTT has helped to alleviate the cost of energy prices for vulnerable groups by using discounts on NGV and LPG prices, totaling 3,

Mr. Wattanasak Sueaiam, director-general of the Department of Internal Trade, said that on June 29, the department had a meeting with wholesalers, retailers and convenience stores such as Makro, Big C, Lotus, Tops, Foodland, Seven-E. Leven Lawson CJ Express Max Value monitor product price situation

It was found that after the measures to control the spread of COVID-19 have been relaxed, people spend an average of 10-20% in their spending.

or with tourists staying, there will be a 40-50% increase in sales

Director-General of the Department of Internal Trade said that

For the price situation of consumer goods necessary for living

All department stores confirm that there will be no price increase during this period and are willing to cooperate with the Ministry of Commerce to organize ongoing promotions.

To help reduce the burden of living costs for people, and the department has also asked for cooperation to freeze various fees during this period. For retail prices, they must not take advantage of consumers.

by having to close the price tag clearly

In the case of bagged rice with news that the price will be raised earlier

The Department has a meeting with the Thai Rice Bag Entrepreneurs Association.

Thai Rice Mill Association

Northeast Rice Mill Association

All parties insist that they will not raise prices.

both in the part of rice bag operators and mills

as a rice processor

In addition, sales promotion activities will be organized regularly for each brand.

as well as establishing a point for selling inexpensive bags of rice all over the country together with the Department of Internal Trade

“In the event that there is an opportunity to increase the price

or selling too expensive

will be punished according to Section 29 of the Act on the Price of Goods and Services BE 2542, imprisonment for not more than 7 years, a fine of not more than 140,000 baht, or both.

and in case of not closing the price tag, there will be a fine of up to 10,000 baht if such behavior is found

You can inform the Department of Internal Trade hotline, call 1569 or the provincial office of commerce in every province to order the officers to inspect.

If found guilty, legal action will be taken strictly,” said Wattanasak.

Lieutenant Chakra Yodmanee, Deputy Director-General, Department of Internal Trade

Mention the news that soft drinks and alcoholic beverages.

Prepare to raise the selling price from July 1, saying that in the past, soft drink operators have asked for cooperation to fix prices since the beginning of the year and have received good cooperation

But last month, I was notified by some manufacturers that there was a large increase in product costs, such as packaging costs.

especially aluminum cans

freight and logistics

The impact of the depreciation of the baht

causing the cost of imports to be much higher

making it necessary to increase the selling price

Therefore, soft drink producers were invited to discuss the situation and ask for cooperation to slow down the price adjustment.

But some have clarified the need to adjust prices for such cost reasons.

The department acknowledges and asks for cooperation to raise prices in a manner that has the least impact on consumers.

while any person who is able to manage costs asks for cooperation to fix the price.

“Even soft drinks, beverages

It is not a regulated product.

But it is a product that some people like to consume.

The Department has therefore closely monitored

For alcoholic beverages to adjust the price

In principle, the department will focus more on supervising the products necessary for people's livelihood.

General consumer products

There have been some requests for price adjustments to the department.

But there is no permission to raise the price and ask for cooperation to fix the price first," said Lt. Chakra.

Mr. Phurit Bhirombhakdi, Chief Executive Officer of Boon Rawd Trading Co., Ltd., revealed that Leo Beer is the most popular beer with the slowest price adjustments in the market in the past.

Efforts have been made to confirm the "Beer Leo" price fixing policy without a price hike.

or reducing the quantity of products of all sizes since March 2022, while production costs have continued to rise.

especially energy and raw material prices.

by fixing prices to reduce the impact of consumers in such situations

Mr. Phurit added that Leo Beer will increase the retail and wholesale prices as follows: Big bottle (620 ml) will be raised by 12 baht per carton, or equal to a 1 baht per bottle, small bottle (320 ml) will be raised by 18 baht per carton. or an average of 0.75 baht per bottle; long cans (490 ml) are increased by 11 baht per carton or 0.90 baht per can; short cans (320 ml) are increased by 18 baht per carton or 0.75 baht per can; the company insists that there is no policy to reduce product volume. definitely

The retail price of Leo beer will increase by 12 baht per carton and 18 baht per tray, bringing the wholesale price of Leo beer to large bottles at 616 baht per carton, retail at 626 baht per carton and 59 baht per bottle. 750 baht per tray, retail for 762 baht per tray and 39 baht per can.

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