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Bangkok Post
Bangkok Post
Business

Instant noodle brands seek price hike

A consumer examines a variety of instant noodles on a shelf at a supermarket in Bangkok. (Photos: Varuth Hirunyatheb)

Manufacturers of the five largest instant noodle brands -- Mama, Wai Wai, Yum Yum, Nissin and Suesat -- for the first time in their half-century of the establishment have joined forces to call on the Commerce Ministry to allow them to raise their prices in line with soaring production costs within one week.

Pun Paniangvait, manager of the president's office at Thai President Foods Plc, manufacturer of Mama instant noodles, said the five brands are scheduled to jointly submit a letter signed by a high-ranking executive of the five instant noodle producers to the Internal Trade Department under the Commerce Ministry today to ask to hike the price of their instant noodles from 6 baht per packet to 8 baht.

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