Pineapple prices expected to rise in July

The Ministry of Commerce anticipates an increase in pineapple prices in the month of July as the ministry has been able to remove 2,000 tons of the fruit from the market.

Commerce Minister Sontirat Sontijirawong said his ministry has been promoting the sale of pineapples through Pracharat networks. Pracharat is an approach designed to allow a high level of participation by the people in every sector.

PTT Public Company Limited, a Thai state-owned oil and gas company, has agreed to purchase 890 tons of pineapples and will give them away to its customers.

Meanwhile, Bangchak Corporation Public Company Limited will buy up to 460 tons of the fruit and will offer them to customers at Bangchak gas stations nationwide.

In addition, large supermarkets namely Tesco Lotus, Bic C, Makro, The Mall, and Tops have all signed a memorandum of understanding with the Department of Internal Trade to buy 2,820 tons of pineapples directly from the producers.

As a result of these agreements, Sontirat said pineapple prices will be higher, starting early July.

NNT Thailand

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