
Commerce Minister Jurin Laksanawisit has pledged to tackle high palm oil prices this week after cooking oil prices jumped to nearly 70 baht per bottle from 56-60 baht at the end of last year.
Speaking after chairing a war room yesterday to supervise ongoing increases in essential consumer goods prices including cooking palm oil, Mr Jurin said the sharp rise in cooking oil prices stems largely from fresh palm nuts and crude palm oil prices.