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Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Manufacturers urge continued diesel subsidy | History Defined

A sign displays high fuel prices at a PTT station in Bangkok on Wednesday as global oil prices are forecast to soar to more than $130 a barrel. (Photo: Nutthawat Wicheanbut)

Manufacturers will struggle to maintain their goods prices for another 3-6 months amid the Russia-Ukraine war, but they insist the government continue to cap diesel prices at below 30 baht a litre, says the Federation of Thai Industries (FTI).

Global oil prices threaten to soar to more than US$130 a barrel, while some raw materials have become more expensive, putting pressure on factories to increase the prices of their goods.

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