Home
About Us
WTO US shrimp ruling benefits CPF
05/09/2008 12:00
Charoen Pokphand Foods Plc (CPF) stands to benefit from the World Trade Organization’s ruling against the United States in an anti-dumping case involving Thai shrimp exports. This ruling will lower US import duties for Thai shrimp to 3.18% from the previous 6.05%.
With the new ruling now in place, CPF president and CEO Adirek Sripratak, says he expects shrimp shipments to the US this year to amount to 40,000 tons, as compared with 34,000 tons last year.
"Shrimp exports to the US generally account for 20% of CPF’s sales," he says, adding that it is the biggest market for shrimp, comprising 42-43% of exports, followed by Japan at 20%, the EU at 15%, with Australia and Canada, making up the rest.
With the new ruling now in place, CPF president and CEO Adirek Sripratak, says he expects shrimp shipments to the US this year to amount to 40,000 tons, as compared with 34,000 tons last year.
"Shrimp exports to the US generally account for 20% of CPF’s sales," he says, adding that it is the biggest market for shrimp, comprising 42-43% of exports, followed by Japan at 20%, the EU at 15%, with Australia and Canada, making up the rest.
02 sep 2008
Source: www.allaboutfeed.net
Source: www.allaboutfeed.net
Các tin khác
- Following the imposition of the highest tariff of 37.13%, the Ministry of Industry and Trade is reviewing galvanized steel from China (19/06/2026)
- Official tariffs have been imposed on colorless float glass imported from Indonesia and Malaysia (19/06/2026)
- India seeks to continue anti-dumping duties on Bangladesh’s jute products (19/06/2026)
- Turkey Initiates Anti-Dumping Investigation into Polyester Cord Fabric from Viet Nam (19/06/2026)
- Chinese dumping in Brazil affected the entire garlic supply chain (19/06/2026)
