Inflation
- stattointhailand
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Re: Inflation
I wasnt buying bottles of Gas in Udon in 1980's so dont know what the cost was, cant imagine it was more than B400 though?
Re: Inflation
If you read the posting I made it is talking about percentage rates and not the individual price of items
- papafarang
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Re: Inflation
not sure DD. could be just a blip or ,who knows ?
Hansa village clubhouse . Tel 0981657001 https://www.google.co.th/maps/place/Han ... 5851?hl=en
Re: Inflation
I read a report alleging that the problem was possibly a Supply Chain glitch in which the suppliers held back pork destined for the Markets to raise prices over the Xmas and New Year periods. so watch the markets, still high today
Re: Inflation
Cambodia has suspended imports from Thailand due to Swine Disease
Re: Inflation
Doo I've wondered the same thing. Why not run an underground pipeline in the center island of hwy 2/1 all the way up to Nong Khai/Chiang Mai? I figure not enough kickback into open pockets. However, I believe there is a pipeline from the small gas/oil field close to the Ubonrat Dam. Just not sure where it goes.
An ex-pat in the Land of Smile
- stattointhailand
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Re: Inflation
They would spend half the time repairing it and cleaning up the spills after 40+ ton trucks ran off the road and onto the nice soft topsoil over the pipeline (especially in rainy season)
Re: Inflation
There used to be a refuelling pipeline just behind Udons railway station, as Tankers used to go there to refuel. Where the Fuel came from IO have no idea, I think is is no longer operational
Re: Inflation
This is roughly ten days after the Thai government banned all pork exports.
https://www.pig333.com/latest_swine_new ... ces_18035/
Funny old place, eh?
'Don't waste your words on people who deserve your silence'
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
Re: Inflation
Oil pipeline to Isaan.
https://www.gem.wiki/Northeast_Thailand_Oil_Pipeline
https://www.egco.com/en/news-update/2019/tpn-investment
https://www.gem.wiki/Northeast_Thailand_Oil_Pipeline
https://www.egco.com/en/news-update/2019/tpn-investment
'Don't waste your words on people who deserve your silence'
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
Re: Inflation
The Phu Horm and Nam Pong gas fields feed a local power station and are not hooked up to any national grid.fdimike wrote: ↑January 16, 2022, 7:41 pmDoo I've wondered the same thing. Why not run an underground pipeline in the center island of hwy 2/1 all the way up to Nong Khai/Chiang Mai? I figure not enough kickback into open pockets. However, I believe there is a pipeline from the small gas/oil field close to the Ubonrat Dam. Just not sure where it goes.
'Don't waste your words on people who deserve your silence'
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
Re: Inflation
Someone commented about the "McDonald's" inflation index.......if the price of a McD goes up in Thailand, it'd probably not get much attention. But when the price of raw papayas goes up, well, that's a headline!
https://www.thairath.co.th/news/local/northeast/2289140
https://www.thairath.co.th/news/local/northeast/2289140
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Re: Inflation
one thing that's not in dispute, there's an awful lot
of thais borderline going hungry. i wish they had
a food bank or someplace you could direct them
far too many seem stressed. ive heard temple will
help . they need to be giving bags of rice out or
something. this covid economy crippler 2yrs now
of thais borderline going hungry. i wish they had
a food bank or someplace you could direct them
far too many seem stressed. ive heard temple will
help . they need to be giving bags of rice out or
something. this covid economy crippler 2yrs now
Re: Inflation
I'm surprised there are not (but maybe I don't see it) lots of repossessed trucks / bikes being sold cheaply and farm land going for a song.
There are several (probably dozens) of repossessed homes in our housing estate up for sale by the bank but the prices are just crazy. They are in a state of disrepair and basically becoming worse by the day, however the banks want 'as new' prices for them. Makes no logical sense to me, but I'm probably missing the point somewhere.
I hear rental prices have dropped and you can get a bargain but not the same for buying. How long can people hold out?
There are several (probably dozens) of repossessed homes in our housing estate up for sale by the bank but the prices are just crazy. They are in a state of disrepair and basically becoming worse by the day, however the banks want 'as new' prices for them. Makes no logical sense to me, but I'm probably missing the point somewhere.
I hear rental prices have dropped and you can get a bargain but not the same for buying. How long can people hold out?
- stattointhailand
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Re: Inflation
Place on my moobahn got repossessed about 8 yrs ago ......... once a year a "cleaning team" come round to tidy the garden and wash the floors, repair broken window/door etc and chase feral cats and birds out .....I'm told bank still want same price as they did 8 yrs ago .......
- stattointhailand
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Re: Inflation
Despite the high cost of living ...... it remains popular
Re: Inflation
In addition...
Two foreign players in Myanmar's oil and gas business have signaled that they are withdrawing from the offshore Yadana gas field. TotalEnergies was the more significant contributor to the junta's coffers than Chevron and it's taken them almost a year since the coup to position themselves this way.
https://sg.news.yahoo.com/totalenergies ... 58270.html
Note that PTTEP (the overseas division of PTT) are the recipient of 70% of the gas from this field, itself making up about 9% of Thailand's needs. Another 5% comes from the PTTEP operated Zawtika field, offshore Myanmar. PTTEP planned to start an appraisal drilling program over Zawtika Q1/2 this year. Not sure how the rig procurement went but twelve companies tendered so business as usual for some.
Thankfully, Thailand's dependence on Myanmar gas has fallen from about 25% around ten tears ago. If Thailand had an epiphany and decided to cease all gas imports from Myanmar, they should be able to address the shortfall primarily with increased LNG imports but the price of LNG has skyrocketed since the appended review as written. Electricity, gas and fuel bills are going to be pretty unpredictable this year regardless if Russia invades Ukraine (they won't).
https://earthrights.org/publication/ana ... -security/
Two foreign players in Myanmar's oil and gas business have signaled that they are withdrawing from the offshore Yadana gas field. TotalEnergies was the more significant contributor to the junta's coffers than Chevron and it's taken them almost a year since the coup to position themselves this way.
https://sg.news.yahoo.com/totalenergies ... 58270.html
Note that PTTEP (the overseas division of PTT) are the recipient of 70% of the gas from this field, itself making up about 9% of Thailand's needs. Another 5% comes from the PTTEP operated Zawtika field, offshore Myanmar. PTTEP planned to start an appraisal drilling program over Zawtika Q1/2 this year. Not sure how the rig procurement went but twelve companies tendered so business as usual for some.
Thankfully, Thailand's dependence on Myanmar gas has fallen from about 25% around ten tears ago. If Thailand had an epiphany and decided to cease all gas imports from Myanmar, they should be able to address the shortfall primarily with increased LNG imports but the price of LNG has skyrocketed since the appended review as written. Electricity, gas and fuel bills are going to be pretty unpredictable this year regardless if Russia invades Ukraine (they won't).
https://earthrights.org/publication/ana ... -security/
'Don't waste your words on people who deserve your silence'
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
~Reinhold Messner~
'You don't have to be afraid of everything you don't understand'
~Louise Perica~
- stattointhailand
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- Posts: 19114
- Joined: October 25, 2007, 11:34 pm
- Location: Oiling the locks on my gun case
Re: Inflation
With luck then we can get Thexit done and have the VAT removed from the power bills then
Re: Inflation
Deal with it. You are leaving in one of the cheapest countries in Asia and your complain g about prices going up. Go to America or to the UK then you can complain. Cry me a river son.
- papafarang
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Re: Inflation
paid 160b yesterday for 2kg of carrots from the local lotus'ssss..WTF , i guess there's a carrot shortage now
Hansa village clubhouse . Tel 0981657001 https://www.google.co.th/maps/place/Han ... 5851?hl=en