Thai instant noodle manufacturers collectively "ask for price increases" to the government

Author:Global Times Time:2022.08.19

[Global Times Comprehensive Report] Several major noodle manufacturers in Thailand hope that the government can allow them to increase prices within a week, which will be the first price increase in Thailand's instant noodles in 14 years.

Thai Instant Noodle Source Vision China

According to the British "Guardian" reported on the 17th, this year's natural disasters have led to the sharp rise in cost prices such as raw materials, energy and transportation in Thailand. The upper limit is set to reduce the pressure of consumers' life. However, the main instant noodle brands of Thailand, including WAI WAI, jointly sent a letter to the Thai government this week to increase the price of instant noodles from 6 baht (about 0.19 yuan) to 8 baht. The first price increase. The manufacturer of WAI WAI instant noodles said that the cost is now rising, and some products are already at a loss operation. Unless the government allows the price to increase prices, it will reduce supply and turn sales to overseas markets.

The Thai government stated that it would consider the request of instant noodle manufacturers, but the Minister of Commerce Lhasanavi said that the price of 8 baht required by manufacturers would be too high to bring life pressure to ordinary consumers. (Dong Ming)

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