CPF announces to reduce prices of shrimp feeds and baby to help relieve farmer’s hardship during slump shrimp price crisis.

Mr.Pairoj Apiruknusit, Senior Executive Vice President of Charoen Pokphand Foods Plc, (CPF) said that the company is willingly participating in helping to alleviate the suffering of shrimp farmers because of the steep decline in domestic white shrimp prices which resulted from the following falling global prices. The company reduces the price of 19 satang (0.19 baht) baby shrimps to 16 satang per shrimp and lower 25 baht per bag of shrimp feeds (for 25 kilogram bag). This aims to help offset the cost of farming. Both measures are effective from today until the 30th of June this year.

"CPF is aware of hardship of farmers and is committed to support them to reduce farming costs by reducing production materials costs. This aims to assist farmers to continue operating their business and help Thai shrimp industry to gradually overcome the crisis, "said Pairoj.