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Big firms to extend price freeze

Consumer product manufacturers agreed yesterday agreed to freeze their prices for another three to six months, but warned that market mechanisms should be allowed to determine appropriate prices. The private sector would co-operate with the government’s request, as production costs, particularly oil and raw materials have yet to rise significantly,said Prapot Nanthawatsiri, president of Thai Soap, Detergents and Personal Care Manufacturers’ Association.

ThaiVest Editorial Team

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