BANGKOK, June 10 (TNA) – The chairman of Saha Group said many factors were affecting costs and it would seek approval from the Ministry of Commerce to raise the prices of its Mama instant noodles.
Saha Group chairman Boonsithi Chokwatana said the Russia-Ukraine war continued for months and considerably raised the production costs of many products of the group, especially instant noodles.
The production of instant noodles depended on imported wheat and palm oil, the prices of which soared, he said.
Mr Boonsithi did not say how much the prices of instant noodles should increase. The present prices averaged six baht per pack. He said he would discuss a suitable increment with the Ministry of Commerce.
The ministry controlled the prices of instant noodles and they would consider an increment that would not seriously affect consumers, Mr Boonsithi said. (TNA)