Internal Trade Dept to discuss with LPG retailers on price hike


BANGKOK, 15 May 2013 The Internal Trade Department (ITD) will make sure that Liquefied Petroleum Gas (LPG) retailers do not take advantage of consumers in the wake gas price hike. 

From June 1, 2013 onwards, the price of LPG will be increased by 50 Satang per kilogram.

ITD Director-General Wiboonlasana Ruamraksa said her department would closely cooperate with the Ministry of Energy in dealing with the effect of the price hike, especially on the cost of preparing ready-to-eat food.

She added that, according to the calculation, the retail prices of LPG tanks weighing 15 kilograms should increase by 7.50 baht and as a result may add approximately 50 Satang to each cooked food dish at most.

Businesses found guilty of unreasonably peddling overpriced gas, food, or other basic commodities will be subject to a prison term not exceeding 7 years, or a fine not exceeding 140,000 baht, or both.

The department will convene a meeting with LPG retailers later this week to discuss cost structures and to curb selling overpriced gas and goods.