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  1. #1
    Thailand Expat misskit's Avatar
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    Imports Blamed for the Falling Price of Coconuts in Thailand

    BANGKOK Ė Thailandís Department of Foreign Trade plans to blacklist 10 companies if they fail to clarify the numbers of coconuts they have recently imported.


    Many Thai factories have been buying imported coconuts instead of using locally grown ones stored in warehouses, which has resulted in a large amount of unsold fruit.


    The middleman-run warehouses have been facing huge loses after stocking large numbers of coconuts in their warehouses and not being able to sell them. With a large supply of coconuts and few buyers, debts are also mounting for farmers and suppliers.


    To make matters worse in the industry, the retail price of coconuts in Thailand has decreased dramatically.


    The situation and flood of complaints has led Adol Chothinisakorn, the General Director of the Department of Foreign Trade, to insist that private companies seek permission to import coconuts under the Asean Free Trade Area, or AFTA, agreement.


    Ten of the 20 companies being checked by authorities could not clarify the number of coconuts they had imported and now face being blacklisted.


    For the past eight months, the amount of imported coconuts under AFTA had decreased by 27%, which amounted to a total of 167,723 tons. This should have resulted in an increase in the price of coconuts in Thailand, but the price has not changed.


    Adol blamed illegal imports. New measure aimed at helping the industry will be presented on October 18 by Thailandís Ministry of Agriculture and Cooperatives.


    Somkiet Laonark, the Associate President of the Coconut Farmers association in Chumphon, said the price of coconuts was now lower than the cost of growing them. The price per coconut was about 1-2 baht each, depending on size, he said.


    Officials representing growers, factory owners and producers of coconut-related products have asked the government to find a way to help the industry and use measures that do not go against World Trade Organization rules.

    Asia Times


    Dusita Maneemuang | Asia Times

  2. #2
    Thailand Expat
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    Did they intend the pun ?

  3. #3
    Thailand Expat Dillinger's Avatar
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    Quote Originally Posted by misskit View Post
    the price of coconuts was now lower than the cost of growing them. The price per coconut was about 1-2 baht each
    Where are all these cheap coconuts then?

  4. #4
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  • #5
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    Quote Originally Posted by Dillinger View Post
    Where are all these cheap coconuts then?
    They are being hoarded in warehouses. In anticipation of a cconut shortage that would see a price rise in coconuts. But that plan bit the hoarders on the ass when some cheeky fookers imported them cheaply instead of waiting for them to get expensive. Thai Economics?

  • #6
    Thailand Expat jabir's Avatar
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    Quote Originally Posted by beerlaodrinker View Post
    They are being hoarded in warehouses. In anticipation of a cconut shortage that would see a price rise in coconuts. But that plan bit the hoarders on the ass when some cheeky fookers imported them cheaply instead of waiting for them to get expensive. Thai Economics?
    Wasn't the cunning rice plan drawn on similar lines, and similar fate? Strange, that.

  • #7
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    Every week or 2 some government guys gets up and gives a news release on what some department intends to do about some agro crop.

    I watch the rubber news, about 3 months ago, Government was going to give 100 Baht per tree, to anyone who cut down producing trees, month or so later, it's 3,000 Baht a rai to stop tapping for a year, last week it's 3,000 Baht for 10 rai for a 3 months.
    Just stories, no bases to them, 5 minutes of air time and on to the next press release.

  • #8
    ความรู้ลึกลับ HuangLao's Avatar
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    Quote Originally Posted by beerlaodrinker View Post
    They are being hoarded in warehouses. In anticipation of a cconut shortage that would see a price rise in coconuts. But that plan bit the hoarders on the ass when some cheeky fookers imported them cheaply instead of waiting for them to get expensive. Thai Economics?

    Or something like that.
    As long as the twisted control remains in their hands.

    It's all good.

  • #9
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    This is why they hate anything imported. It's usually better and cheaper than the shit they offer themselves.

    That includes services.

  • #10
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    The article says, imports down 27%, but prices are still down, Coconut farmers complain about the price, Government comes up with a story, not their fault, it's warehousing imported nuts that's the problem.

    No mention of type or use these coconuts are for, out my way guys come, harvest your nuts, but only the young small ones, drinking and sweet meat, type you buy in the market or Tesco, 5 Baht each, cash in hand, big old ones left to rot.

    Warehousing is not a long term option, coconuts have a limited shelf life, they are fruits, not nuts and rot, just too many coconuts and a limited number of processing factories.

  • #11
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    Quote Originally Posted by jamescollister View Post
    The article says, imports down 27%, but prices are still down, Coconut farmers complain about the price, Government comes up with a story, not their fault, it's warehousing imported nuts that's the problem.
    Well I'd say it's failing to understand the basic concept of supply and demand and expecting the government to compensate you for being a fucking retard.

  • #12
    Thailand Expat klong toey's Avatar
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  • #13
    Thailand Expat misskit's Avatar
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    Farmers want measures implemented to boost coconut prices

    PRACHUAB KHIRI KHAN, 16th October 2018 (NNT)-Coconut farmers in Prachuab Khiri Khan have urged the Ministry of Commerce to lower coconut imports and list coconuts among controlled goods to prevent a price slump.

    Interior Minister Gen Anupong Paojinda has revealed that a meeting between a group of coconut farmers and local government officials in Prachuab Khiri Khan has led to a peaceful conclusion. The farmers are no longer planning to visit Bangkok to call on the government to solve the pricing problem.

    The farmers proposed that eight measures; such as limiting the quantity of foreign coconut imports and including coconuts on the list of controlled products, be implemented soon to prevent the coconut price from falling further. Such measures have already been submitted to related agencies for consideration.

    The Interior Minister added that the meeting was an example of how any issue occurring within a province can be resolved quickly and contained through talks. He claimed the same approach could be used elsewhere to prevent any problem from becoming too large to handle.


    National News Bureau Of Thailand | Farmers want measures implemented to boost coconut prices

  • #14
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    What is the "controlled products" bit. Limiting supply by storing the excess in a warehouse?.....................

  • #15
    Thailand Expat misskit's Avatar
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    Government to put coconut on state price control list

    BANGKOK, 23rd October 2018 (NNT) – The government plans to put coconut on the state price control list in a move to end the domestic coconut price slump.

    The Permanent Secretary for Commerce, Boonyarit Kalayanamit, said on Tuesday that the Ministry of Commerce has proposed putting coconut and coconut products on the state price control list for approval by the vegetable oil and crops' committee.

    Once on the price control list, manufacturers have to secure prior approval from the Department of Internal Trade before changing the size and price of each of their products. Manufacturers are required to supply officials with details of changes, while letting authorities know the source of purchases.

    The move is also expected to help curb coconut smuggling. Violators are subject to five years in jail, a fine of up to 100,000 baht, or both.


    National News Bureau Of Thailand | Government to put coconut on state price control list

  • #16
    Thailand Expat
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    Quote Originally Posted by misskit View Post
    Government to put coconut on state price control list

    The move is also expected to help curb coconut smuggling.
    They've not spotted the queue of malaysian men with suspiciously large chests waiting to cross into Thailand

  • #17
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    As I said in post 7, press releases so someone gets some air time, how can imported coconuts be cheaper to truck from another country then to just pick up the coconuts lying on the ground rotting here.

    On the other thread about corn, another press bite, insurance for crop loss if you grow it, I'm happy to grow corn under the Gov scheme without insurance, if I had a buyer in the first place.

    Problem for most small rural farmers, be it bananas, coconuts, corn, watermelons etc is transport to markets, a pick up truck just doesn't cut it.

    Rice, cassava and rubber buyers line the main roads, few km at most, from me, 140 km to the main market in Ubon to sell any other crop.
    Love to buy a 20 ton truck and dog and transport goods to market, but would probably make more money from transporting rock and sand to construction sites.

  • #18
    Thailand Expat misskit's Avatar
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    Coconuts to become a controlled product in the interests of pricing

    BANGKOK, 26th October2018 (NNT) – The Central Goods and Services Pricing Committee has agreed to add coconuts to a list of controlled products, subject to regulated importation, after the price dropped from 5 baht to just over 4 baht in August.

    A meeting of the committee chaired by Minister of Commerce, Sonthirat Sonthijirawong agreed that all coconut products, from fresh coconuts to processed coconut flesh, should be regulated by the state to maintain appropriate pricing.

    Coconuts are only to be imported through ports in Bangkok and Laem Chabang, with entry through any other region to be considered smuggling. Transportation of coconuts will also be restricted to no more than 7 tons at a time, 2.5 tons for coconut flesh and 1.5 tons for dried coconut. Transport exceeding the limits must receive authorization, with penalties of an up to 100,000 baht and five years in prison possible. The controls are to be put to the next Cabinet meeting and may last up to seven months.

    At the same time, oil palm growers in the southern region gathered on Thursday (October 25) at Krabi Provincial Hall to hear responses to six demands they made on October 17.

    Chairman of the Warehouse Committee Pol Lt Gen Kraiboon Suadsong was sent to lead negotiations with the group. He assured them that their demands would be put to the government after November 1 as a meeting of the National Palm Oil Policy Commission is scheduled with Deputy Prime Minister Gen Prawit Wongsuwan who is to chair it. The group agreed to dissolve but said they would assemble again in seven days to hear about progress.







    National News Bureau Of Thailand | Coconuts to become a controlled product in the interests of pricing

  • #19
    Days Work Done! Norton's Avatar
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    You can say that again.

  • #20
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    Quote Originally Posted by misskit View Post
    Coconuts are only to be imported through ports in Bangkok and Laem Chabang, with entry through any other region to be considered smuggling.
    And how many miles of land border does Thailand have and how do you tell a Lao coconut from a Thai one.

    Really don't believe Thailand would risk ASEAN free trade agreement, which Thailand, think cars, motorbike, electronics, food, is a big winner in, for some coconuts.

    As said no shortage of home grown nuts in Thailand, price is just low as there are too many coconuts around.

  • #21
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  • #22
    Thailand Expat misskit's Avatar
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    Mature coconut, related products declared as controlled products

    NARATHIWAT, 12th December 2018 (NNT) – The government's Central Committee on the Price of Goods and Services has declared mature coconut and related products as controlled products.

    The Head of the Narathiwat Provincial Commerce Office, Natchamai Saneha, said the committee has also imposed a ban on transferring a large amount of imported coconut in some areas of Thailand without a letter of permission of the authorities.

    The controlled areas include Khlong Toei district in Bangkok, Bang Lamung and Si Racha districts in Chonburi province, Na Thawi and Sadao districts in Songkhla province, Muang Satun and Khuan Doan districts in Satun province, Muang Surat Thani in Surat Thani province, Su-ngai Kolok district in Narathiwat province, and Muang Chumphon district in Chumphon province.

    Those who wish to transfer a large amount of imported coconut can ask for more information by calling the Narathiwat Provincial Commerce Office at 0-7351-4804.


    National News Bureau Of Thailand | Mature coconut, related products declared as controlled products

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