Bangkok: The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has announced the extension of controlled pricing for 66 goods and services for an additional year. This decision also includes adjustments in regulatory measures for select products to better align with current market conditions. The JSCCIB clarified that the term "controlled goods" is intended to ensure fair pricing, prohibit unreasonable price hikes, and maintain adequate supply, rather than imposing a blanket price freeze.

According to Thai News Agency, Deputy Prime Minister and Minister of Commerce, Ms. Supajee Suthamphan, who also chairs the Central Committee on Prices of Goods and Services (CCPG), briefed on the outcomes of the CCPG meeting No. 2/2026. The meeting resolved to sustain the list of controlled goods and services for another year and uphold the measures for price display both online and offline. This initiative aligns with the Price Control Act B.E. 2542 (1999), aiming to protect consumers by ensuring fair pricing practices and adequate supply for domestic use.

Ms. Supajee elaborated that regulation of controlled goods and services encompasses multiple levels, tailored to the nature of each product. It includes setting selling prices, requiring price adjustment permissions, granting agricultural export permits, controlling product movement, reporting price and quantity information, maintaining inventory records, and establishing criteria for purchasing agricultural products. This comprehensive regulation seeks to balance the interests of producers, businesses, and consumers. For this year, additional regulatory measures will apply to items like young coconuts, coconut products, and soybean meal, with inventory record requirements introduced to enhance government tracking of price information and trade activities.

For animal feed corn, more stringent transportation controls have been enacted. In the case of plastic pellets, disclosure requirements now extend to packaging affecting a broad consumer base. Enhanced import disclosure and inventory control measures have been applied to onions and garlic to combat smuggling and counterfeit practices affecting farmers and domestic pricing. Conversely, the meeting agreed to relax certain item regulations, such as hand sanitizer, rubber, face masks, and ATK test kits, as their market situations normalized, while maintaining essential consumer protections.

Ms. Supajee underscored that the Ministry of Commerce will vigilantly monitor commodity prices, production costs, and the economic environment, particularly focusing on the global economic impact of Middle Eastern conflicts. This vigilance ensures the regulation of goods and services remains fair and balanced. She reiterated that "controlled goods" signifies a monitoring and regulation mechanism to ensure fairness across sectors, with distinct regulatory measures for each item based on its market characteristics and conditions.