The Commerce Ministry plans to ask the cabinet shortly to approve the state-sponsored price guarantee scheme for palm oil farmers for the 2022/23 harvest season, while pledging to support crude palm oil exporters.
According to Commerce Minister Jurin Laksanawisit, after the proposal passed through the committee on integrated area-based management policy chaired by Prime Minister Prayut Chan-o-cha yesterday, the ministry plans to ask for cabinet approval of the palm oil price guarantee scheme, its fourth consecutive year of implementation.
