Initially, consumers will see only the prices of heavy and petrochemical by-products coming down, but the prices of other goods should also decrease in the future as long as oil prices continue to be low.
Other products that will see price decreases are chemical fertilisers to the tune of Bt10-Bt30 per 50kg sack, and consumer goods, especially essential goods.
The department will next week announce its recommended price for cooking gas of Bt395 per 15kg tank for delivery up to five kilometres.
As a measure to protect consumers from unfair quotes, the department will dispatch teams of officials every week to the field to inspect prices and tags.It will also set up community markets in some areas to sell cheap products for consumers as part of the government's plans to help ease the cost of living.