Palm growers threaten border closure

TUESDAY, DECEMBER 18, 2012
Palm growers threaten border closure

Nakhon Si Thammarat's Palm Farmers Association threatened yesterday to block the Sadao border checkpoint in Songkhla if the government fails to shore up palm-oil prices.

“We may also consider closing many other checkpoints,” chairman Somporn Sripetch said.
The border-closure threat came after the Cabinet failed to address falling palm-oil prices.
Palm growers expected the Cabinet to peg the price at the minimum rate of Bt5 per kilogram. However, the matter didn’t come up for discussion yesterday because Commerce Minister Boonsong Teriyapirom was not present.
The government’s representatives said they would meet tomorrow (Thursday)to discuss palm prices.