Wednesday, September 30, 2020

Farmers blame govt decision to ban egg export for oversupply in market

Jun 12. 2020
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By THE NATION

The oversupply of eggs in the market due to the ban on exports has led to steep discount offers.

In supermarkets, such as Big-C, Tesco Lotus, Foodland and Maxvalue, packaged Kasemchai Food (KCF) eggs are being sold at Bt59 per pack of 10 eggs and as a promotion, there is a buy one, get one free offer. Effectively, each pack of 10 eggs cost Bt29.50.

The promotion has been going on since May 18.

Layer Farmer Association’s committee chief Chaiyaporn Sithan blamed the Commerce Minister’s earlier decision to ban the export of eggs for the sudden oversupply in the market. He said now Vietnamese eggs are being sold in Laos, while Thailand has lost its market share.

He said the ban order had caused uncertainty among foreign buyers, as Thai suppliers had to abruptly cancel their orders.

“We lost our overseas market, and now we are faced with this oversupply of eggs, which has become a problem. Thai producers are now selling the eggs at lower than the Bt2.40 per egg price fixed by the government,” he said.

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