date:May 11, 2012
ough the government has announced pledging for shrimp, prices will not increase because of low demand in the world market. The government will lose a large sum of money from such inefficient subsidization, he said. The current market price is quoted at 110 baht per kilogram, while farmers have called for a government subsidy to ensure that 145 baht a kilo is achieved.
But 145 baht is too high a subsidized price, Panisuan said, because shrimp prices in the world market have dropped continuously