Cassava Prices Surge to Near 3 Baht Post Border Checkpoint Closure

Chaiyaphum: "Akkharasan Khiri" has reported a significant rebound in cassava prices, nearing 3 baht, following the closure of border checkpoints. The closure has prompted calls for the Prime Minister to enforce limitations on import quotas and has urged the private sector to invest in potash fertilizer plants to mitigate production costs.

According to Thai News Agency, Mr. Akkhasan Khiri Lohwira, a member of parliament from Chaiyaphum's District 7 and a representative of the Klatham Party, highlighted the positive impact of the Thai-Cambodian border closure on cassava prices. He noted that the current purchase price at the factory in Chaiyaphum Province has surged to between 2.75 and 2.80 baht. This increase has revitalized the domestic cassava market as local buyers turn to Thai farmers to replace imports.

Mr. Akkharasan Khiri emphasized the need for the government to limit cassava import quotas, urging factories and yards to sustain their purchase from local farmers. He also called for the private sector to expedite the establishment of potash fertilizer plants, which have been delayed despite long-standing mining concessions. This move is aimed at reducing fertilizer costs for farmers.

Furthermore, Mr. Akkharasan Khiri proposed measures to promote disease-resistant cassava cultivation, enhance yield per rai, and improve water management. He advocated for the distribution of water to areas outside the irrigation zone, which would support sustainable yield improvements. Additionally, he stressed the urgency of addressing high fertilizer costs by establishing domestic fertilizer factories, particularly for potash fertilizers, utilizing Thailand's abundant potash ore reserves for the benefit of farmers.