Thai Industrial Hemp Trade Association TIHTA opens a meeting to listen and exchange opinions to determine the price structure for buying-selling hemp. Unlock clarity on the purchase price of hemp raw materials. including the standards for the purchase of Biomass
from unlock and drives hemp economic crops for a period of 1 full year whether it is used for cooking to be used to develop products in the category of food, beverages, drugs, cosmetics, dietary supplements, animal feeds, fibers and many others that have been researched and developed. Both the public sector and the private sector but during the past 1 full year There is still a lack of clarity on the purchase price of hemp raw materials. including the standards for the purchase of Biomass
Thai Industrial Hemp Trade Association Therefore, an open hearing meeting was held to exchange views on the structure of the purchase-sale price of raw materials from hemp plants. in an online format with Dr. Weerachai NaNakorn, honorary chairman of the Thai Industrial Hemp Trade Association chair the meeting ready to open the meeting before the discussion that Today, it can be seen that over the past 1 full year There is a wide variety in buying and selling of raw materials, but there are still different controversies and opinions. Buyers want to buy one price. The seller wants to sell for another price. This causes a bottleneck in driving the economy. This is a good opportunity to organize a meeting to hear and exchange opinions on the price structure of cannabis buying and selling in Thailand to be more clear. This will be used as a guideline to continue to set up a central price to introduce entrepreneurs in the supply chain.
Mr. Pornchai Padmindra, the president of the association, said to begin the discussion that the Thai Industrial Hemp Trade Association as a representative of the entrepreneurial sector both the upstream, midstream and downstream parts that have been working together to Discuss the approach to the buying-selling price structure This is one of the important missions of the Association. The Board of Directors agreed that Principles in setting the middle price is to analyze the cost structure of the manufacturers to find the reference price. Therefore, it is highly expedient to allow the entrepreneurs sector to participate in setting the middle price in fair trading.
In this discussion, the association invited relevant government agencies such as the Ministry of Public Health. Ministry of Industry Ministry of Agriculture and Cooperatives Ministry of Higher Education, Science, Research and Innovation, Department of the Division under the Ministry of Commerce Ministry of Finance, University, Association of Manufacturers of Supplements, Drugs, Cosmetics, Animal feed, independent organizations, financial institutions and other agencies which are responsible for testing, research and standardization agencies The law includes the entrepreneurial sector, including growers, extractors, producers and academics to share opinions.
And answering questions in this first discussion to determine as a guideline for summarizing the average price to recommend the buying and selling of hemp raw materials in Thailand, but everything remains at the satisfaction of buyers and sellers. The association is just a guide. and join to find a way. In the end, everything goes back to Demand Supply, which is important to help build standards. and good knowledge to producers and consumers, therefore wanting all sectors to share real information to bring to discuss allowing growers to survive and producers can go on. In the end, everything goes back to Demand Supply, which is important to help build standards. and good knowledge to producers and consumers, therefore wanting all sectors to share real information to bring to discuss allowing growers to survive and producers can go on In the end, everything goes back to Demand Supply, which is important to help build standards. and good knowledge to producers and consumers, therefore wanting all sectors to share real information to bring to discuss allowing growers to survive and producers can go on from discussion.
Dr. Ananchai Asawamakin, Advisor to the Minister of Public Health commented that the association It is considered a suitable intermediary in the preparation of the mid-price structure. to create and set purchase and sale prices, including recommendations that, in addition to setting the middle price Market place preparation and registration of entrepreneurs are also important. for entrepreneurs in various sectors can see the destination more clearly and the tendency to standardize their own production and investment as well which the agency that unlocks the legal aspects of hemp plants Food and Drug Administration Dr. Witit Saritsadeechaikul, Deputy Secretary-General of the FDA said that from the past driving Foreseeing important issues that still cause restrictions on the development of Thai hemp crops, namely
Private entrepreneurs Both the upstream, midstream, and downstream segments gave an overall opinion that setting the middle price for the purchase-sell of raw materials. There must be a good standard to be shared in the country. Because Thailand has a high agricultural capacity. should primarily look at the context in Thailand because if the price in foreign countries As an analogy, it may result in structural failure of Thai hemp plants.
Whether in terms of investment courses in reality Because the Thai hemp industry is only 1 year old. Therefore, it is necessary to create a model and operate in an appropriate way according to the context of the country. Whether it is clear in the industry to farmers as hemp plants are still grown for purposes under midstream operator licenses. Downstream itself needs to be made clear. such as making documents of purchase contracts, purchase orders, and clear purchase periods including jointly setting the standards of raw materials in accordance with the trading price Farmers, too, need to adhere to buyer’s standards and operate according to the standards that have even been established for the species. Because the quality of raw materials is an important part in determining the price. on the academic side, it is clear that the proposal Adopting the standard of important substances such as CBD Let’s subtract the foreign object removal fee. or contaminants such as Pesticide, heavy metals, pesticides, mycotoxins, etc., multiplied by the moisture content. Or even in the part of the industry itself, it is necessary to look at the whole supply chain, from the standard of planting in the indoor format, how should there be price requirements, what kind of green house standards do you buy, and how will the outdoor prices be? And what products will it be used for? and look back on the cost of production and finally that when the destination How much can consumers have access to? Even the part of the fiber, fiber that needs to be determined by the price of raw materials in each category is the price of fresh plant / hand peeled dry bark / machine dry bark / coarsely ground dry core / hemp fiber. discussion among farmers and the buyer as well that when harvested Processing characteristics How will the price guide be divided?
This is only the first round of discussions since there are still many factors that need to be taken into consideration in the preparation of the recommended price for buying-selling hemp raw materials in the next time. which the Thai Industrial Hemp Trade Association The next Public Hearing will be enabled sometime in February.