retailer ready to slash prices as oil costs fall
Retailer of consumer product nationwide in keeping with falling prices.
Boonyarit Kalayanamit, director general of the International Trade department
, said yesterday that manufacturers wholesalers and retail operator had gradually
been submitting price-cutting plans in line with lower production costs both from diesel prices
and transport and management costs.
"This price cut has nothing to do with the commerce Ministry's request"
he said. "The cut is to comply with lower production costs mainly bacause of falling oil price
However,Lion Corporation (Thailand),a leading consumer product manufacturer, said it had no plan
to cut its prices.
Managing director Boonyarit Mahamontri said the company ha not raised its price for more than
one year and when the oil price rose it used every means to save costs and maintain prices
It has offerd discounts as promotion campaign for consumers.
Earlier this month, the International Trade Department estimate about 44 products would see price cuts in light of prices.
ministy official have closely monitored and analysed the overall price structure of consumer product and say it is time for private operator to cut ยพรแำห
Certain oil related products ware found to have lower price including Lubricants, plastic pellets roof tiles steel sheet, steel rods, structured steel,cement and chemical fertilisers.
But based on on-site inspections by authorities, the prices of general consumer products
remain unchanged
Manufacturers argue failing oil prices have not significantly lowered their production costs
More importantly the baht's weakness has affected their imported raw materials They claim falling oil prices have benefited only the transport sector
retailer ready to slash prices as oil costs fall Retailer of consumer product nationwide in keeping with falling prices.Boonyarit Kalayanamit, director general of the International Trade department, said yesterday that manufacturers wholesalers and retail operator had graduallybeen submitting price-cutting plans in line with lower production costs both from diesel pricesand transport and management costs."This price cut has nothing to do with the commerce Ministry's request"he said. "The cut is to comply with lower production costs mainly bacause of falling oil priceHowever,Lion Corporation (Thailand),a leading consumer product manufacturer, said it had no plan to cut its prices.Managing director Boonyarit Mahamontri said the company ha not raised its price for more than one year and when the oil price rose it used every means to save costs and maintain prices It has offerd discounts as promotion campaign for consumers.Earlier this month, the International Trade Department estimate about 44 products would see price cuts in light of prices.ministy official have closely monitored and analysed the overall price structure of consumer product and say it is time for private operator to cut ยพรแำหCertain oil related products ware found to have lower price including Lubricants, plastic pellets roof tiles steel sheet, steel rods, structured steel,cement and chemical fertilisers.แต่ตามโรงแรมตรวจสอบ โดยหน่วยงาน ราคาของสินค้าอุปโภคบริโภคทั่วไปการเปลี่ยนแปลง ผู้ผลิตโต้เถียง failing น้ำมันราคาได้ไม่มากลดลงต้นทุนการผลิตของพวกเขาบาท อ่อนแอมีผลกระทบการนำเข้าวัตถุดิบพวกเขาอ้างราคาน้ำมันลดลงได้รับประโยชน์เฉพาะภาคขนส่งที่สำคัญ
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