Soaring pork prices linked to supply hoggingThe soaring prices of pork could stem from traders hogging supplies, said Deputy Agriculture Minister Prapat Pothasuthon. Mr Prapat told reporters on Saturday the domestic prevalence of African swine fever (ASF) may be only partly to blame for the hike in pork prices. "It's interesting to ask why the pork prices keep going up," Mr Prapat said. The answer could lie in pork supplies being hogged during the festive period from November to December last year, which drove up retail prices, he said. Mr Sorawit said the DLD also was working with the Commerce Ministry to inspect cold storages and warehouses to prevent the hogging of pork supplies ahead of the Chinese New Year next month.

Source: Bangkok Post January 16, 2022 05:18 UTC