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Thai feed companies call for the abolition of raw material import taxes

 Last Update: 2021-06-21
 Source: Internet
 Author: User

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According to the World Daily reported June 14, Thailand feed Punta letter Enterprises Association chairman, said the Association of feed manufacturers strive to maintain feed prices stable since the third quarter of 2020, feed production costs rose more than 20%
.
And called on the Ministry of Finance to abolish the import tax on raw materials for feed processing in order to help feed manufacturers
.

Phong Xin said that the average price increase of raw materials for production of feed is 20-40%, such as soybeans and soybean seeds from 13 baht to 18 baht per kilogram, and the prices of additives, vitamins and minerals imported from abroad have increased by more than 20-30.
%, the price of feed corn has also exceeded the price of 10 baht per kilogram, which has increased the cost of feed production by 10-15%
.
He said that the price of raw materials for the production of feed has been rising since the third quarter of 2020.
Previously, the selling price of eggs was 2.
10-2.
20 baht per egg, and feed production companies had to bear this part of the cost to help farmers
.
But now the price of eggs has been sold to 2.
90-3.
00 baht, so I hope to reduce a part of it to help feed companies reduce production costs
.

Peng Xin said that in March this year, the Feed Manufacturers Association must write to the Ministry of Finance, requesting the Ministry of Finance to consider abolishing the import tax on feed raw materials to help feed manufacturers reduce their ever-increasing costs, but there has been no progress so far
.

Feed price imports

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