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- (-) February 2017
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Identified by Forbes magazine as one of the top international Wine & Dine Festivals, Hong Kong’s 2016 event offered participants desirable vintages plus cuisines from award-winning restaurants.
Despite the sale of around two million metric tons of old-crop food-grade rice stocks this week, export prices increased around two percent as exporters are seeking new-crop white rice...
On January 27, 2017, the Thai Food and Drug Administration notified the WTO (G/SPS/N/THA/183/Rev.1) on the Ministry of Public Health (MOPH) Notification Regarding Food Containing Pesticide Residue.
Export prices further declined one to two percent in anticipation of the sale of all the remaining food-grade government rice stocks on February 16, 2017.
Export prices declined one to two percent due to the sales of government rice stocks associated with the tender for 3.8 million metric tons on July 25.
The planting of the MY2016/17 main rice crop is still 30 percent behind last year. Aggressive sales of government stocks will likely increase Thai rice exports to 9 million metric tons in 2016.
Export prices were steady due to little trading activity during the holiday week.
Demand for high-quality U.S. food and beverage products by the HRI food service sector in Hong Kong is expected to remain strong.
The flourishing gaming and tourism industries support the continued growth of Macau’s food service sector which offers excellent opportunities for U.S. exports of high quality foods and beverages.
Export prices remained steady this week due to little trading activities during the Chinese New Year holiday.