Politics
Thai Ministry of Commerce Launches Coconut Price Support Program
The Department of Internal Trade is intervening to stabilize coconut prices by purchasing 10 million mature coconuts with a management subsidy of up to 4 baht per fruit.
According to a report by Prachachat Business on August 19, 2026, the Thai Department of Internal Trade has initiated a support program to address the recent decline in mature coconut prices. The government has allocated a budget for provincial commerce offices to collaborate with local agricultural committees to establish coconut purchasing points across the country.
The primary objective of this initiative is to absorb 10 million mature coconuts from the market. To facilitate this, the government is providing a management subsidy of up to 4 baht per fruit, with a target price for large coconuts set at no more than 10 baht.
For residents and travelers, this intervention aims to stabilize the agricultural supply chain, which may help maintain consistent pricing for coconut-based products in local markets. While the program is currently underway, details regarding the specific locations of these purchasing points and the duration of the price support remain to be confirmed by local provincial authorities. The government continues to monitor market conditions to determine if further measures are necessary to support coconut farmers.
