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Bangkok Post
Bangkok Post
Business

REVEALED: Industry groups act on shrimp prices | Vintage Vibes

A file photo shows a pair of hands holding five large white shrimp. Following Malaysia's suspension of Thai shrimp imports on June 1, prices have dropped by 50-60 baht per kilogramme.

The Thai Chamber of Commerce (TCC) and the Thai Frozen Foods Association began direct purchases of shrimp from farmers on Wednesday to mitigate the effects of Malaysia's suspension of Thai shrimp imports.

Poj Aramwattananont, chairman of the chamber, said the initiative is coordinated through the chamber's Agricultural and Food Coordination and Public Relations Centre (AFC). The goal is to maintain price stability, facilitate product distribution, and preserve market confidence both domestically and internationally.

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