Thai Ceramics Prices Rise in April Probably Will Lead to Suspension of Business Diverted(3/25/2012)

According to Thai media reported recently, Thailand Lampang Ceramic Association, Mr Weng guess disclose, subject to the impact of the minimum daily wage of 300 baht and industrial liquefied petroleum gas (LPG) price adjustment policy, ceramic prices may in increase by 20%, as opposed the increase, probably will cause some firms to cease operation or be diverted.

The Weng guess recognize the substantial increase in the cost of production of ceramics, in particular industrial LPG next month will be 4 times the price adjustment, increased to 30.13 baht per kg, resulting in industry to reduce the quantity, in order to avoid raising the cost to promote price sync up.

Isa Lak Thailand Industry Association Deputy Secretary-General said that the industrial LPG price adjustment policies impact on the industry, especially glass products industry, many of the industry is considering looking for a new production base, and wait for a clear policy of the government gas pipeline planning. Clear where the policy factory of the industry will migrate to near the gas pipeline route; such as the policy is not clear, will likely move to foreign countries such as Vietnam and Laos, because of their labor sufficient and have enough raw materials.

Thai Industrial Association Xipayousha price, said although the cost of production of commodities increased, such as raw material prices, energy prices, as well as payroll costs, etc., but part of the production industry is still independently bear the burden of these costs, the less some of the goods has been put price. In this regard, the Government should let the volatility of commodity prices with the market mechanism, the Government only tube to control the magnitude of price increase with the true costs of Energy price adjustment policies affect the largest enterprises to use more energy, and a large quantity of electricity industry, such as chemical industry, iron industry.Song Ma said, the Secretary-General of the Association of Thai Industries, the control of commodity prices, the government should not control the end of the price, control costs, commodity prices mainly due to higher prices of raw materials. Suggested that the government should minimize the tube to control the price catalog, and the industry is healthy competition in the market. I believe in the role of competition in the market will lead to lower commodity prices. In addition, commodity prices under the market mechanism will be beneficial to all parties.
(Author Mosaic and Tile, China Leiyuan 3/25/2012)

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