DFT director-general Keerati Rushchano said that although the department is not responsible for exports, it will monitor the volume of coconut products in the country to ensure that prices do not drop.
"We will issue various measures, such as controlling the import of coconuts, checking coconut storage, and only allowing businesses to import coconuts via Bangkok Port and Laem Chabang Port customs offices," he said.
He explained that at the beginning of 2019, a network of coconut farmers in Prachuap Khiri Khan had urged the government to solve the problem of the falling coconut price.
"The Commerce Ministry responded by launching measures that were successful in solving the issue," he explained.
"Now, however, British supermarkets' move to ban Thai coconut products may cause an oversupply and pressure on the price because the country may not be able to process these products.
"He said the department will monitor the situation closely, adding that if the price of coconut products began to fall or if there was an oversupply, the department would take action to help resolve the issue.
"Thailand imports coconuts under a World Trade Organisation agreement at a tax rate of 54 per cent," he added. "Thailand imported 112,130 tonnes of coconuts in 2019, down 43 per cent compared to the same period in 2018."
On a brighter note, there were no new cases of Covid-19 over a 24-hour period, the government's Centre for Covid-19 Situation Administration said on Friday (July 10).
It was also the 46th day without any domestic cases. Two patients recovered fully and returned home.
As of July 11, the total number of confirmed cases in the country since the outbreak stood at 3,202 (2,444 domestic cases and 265 in state quarantine) -- 57 are under treatment, 3,085 have recovered and been discharged and there have been 58 deaths. - The Nation Thailand/ Asian News Network
Globally, the total number of confirmed cases passed 12.3 million, up by 220,000 on Thursday, of whom 7.1 million have recovered while more than 557,000 have died. Thailand remains 99th among countries with the most number of cases in the world.
The US has the highest number (3.2 million), followed by Brazil (1.7 million) and India (800,000). - The Nation Thailand/Asian News Network
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