DIT: Pork price to come down in 3 months

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CHIANG RAI, 14 August 2011 – The Department of Internal Trade (DIT) has projected that the currently high pork price will start lowering within the next three months while Blue Flag pork will be put on the market in aid of consumers.

Accompanied by her entourage, DIT Director-General Vatchari Vimooktayon traveled to the northern province of Chiang Rai to inspect the prices of various products at a local market. Pork, which has been in shortage, was reportedly being sold at 150-157 THB per kilogram in compliance with the DIT’s new regulation while pig’s viscera were priced at 160 THB per kilogram.

During her visit, the Director-General received a request from market vendors for a decrease in pork price. The vendors claimed that the soaring price of the meat had hampered its consumption and caused the sales to shrink by more than half.

The DIT expects some improvement in the pork price situation within the next three months as the epidemic among pigs will likely subside. In the meantime, the department will offer buyers affordable pork under the Blue Flag project in an effort to help alleviate their burdens from the high cost of living.