US EditionDIT Steps up Palm Oil Price Checks After Songkran Surge
2 Articles
2 Articles
The Department of Internal Trade has ordered strict controls on palm oil purchases after Songkran, immediately inspecting collection points and factories to prevent price manipulation. Increased participation in the energy sector is expected to support price increases.
DIT steps up palm oil price checks after Songkran surge
The DIT has ordered inspections of palm oil collection yards and mills after Songkran amid rising prices and supply pressure. Authorities aim to prevent unfair pricing as demand stays strong from biofuel use. BANGKOK, Thailand – The Department of Internal Trade (DIT) is stepping up oversight of palm oil purchases after the Songkran holiday, ordering immediate inspections of collection yards and extraction mills to prevent unfair pricing practice…
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