Bangkok, A sugar trader at the Huai Khwang fresh market said that the reason why sugar is starting to be in short supply. Probably from hoarding by middlemen.

After the government announced that sugar is a controlled product. Can be sold for no more than 25 baht per kilogram. Latest today (7 Nov. 2023) Thai News Agency News Team Visited the Huai Khwang fresh market area To survey the price of white sugar, it was found that white sugar was in short supply and was 4-7 baht more expensive per kilogram than the controlled price. The price of 1 kilogram of ready-made bags of white sugar will be sold at 32 baht per kilogram, up from 27 baht per kilogram previously sold last week. 7 baht more expensive than the controlled price. As for the price of white sugar Divided into 1 kilogram bags, the selling price will be 29 baht per kilogram, 4 baht more than the control price.

A merchant at the Huai Khwang fresh market said that the price of sugar at the Huai Khwang fresh market The price has just been increased a few days ago after the announcement of white sugar as a controlled product. However, for grocery store merchants, I don't want white sugar. It is a controlled product. Because there will be hoarding from middlemen. When buying to resell to the general public, it will be more expensive. It would be better to let the price of white sugar float. But when the government decides to make it a controlled product must be followed. It is believed that the reason why white sugar In short supply during this period Probably from hoarding by middlemen. Because previously the price of white sugar would not have been this high.

Source: Thai News Agency