Thailand: Commerce reveals that the private sector accelerates the import of animal feed ingredients

Maize (Corn)

Wheat

Thailand

Published Jun 28, 2022

Tridge summary

The Department of Internal Trade has informed the progress of importing raw materials for animal feed, including wheat and corn, in accordance with the government's easing measures. to solve the problem of raw material shortage and tightness Recently, the private sector has rushed to import 7.81 hundred thousand tons. Expected until the end of July. Imports may not meet the quota provided for 1.2 million tonnes due to difficult to buy and expensive, reiterating that if producers ask for price adjustments, they will consider appropriately. does not affect all parties Revealed that the current has not yet given up But manufacturers use the method of adjusting the trade discount instead.

Original content

Mr. Wattanasak Sueaiam, director-general of the Department of Internal Trade, revealed that from April 1 to June 22, 2022, entrepreneurs notified the amount of imports of wheat and corn in all channels. Both under the ASEAN Free Trade Area (AFTA) and the World Trade Organization (WTO) totaling 781,770.21 tons, divided into 218,608.55 tons of wheat, 563,161.66 tons of corn, and barley. No imports are expected until the end of July. Imports are likely to be close to 1 million tons, not the full amount of 1.2 million tons, as the Cabinet (Cabinet) has approved measures to solve the shortage and tightness of feed raw material prices. by exempting import duties on maize under the WTO in the quota at a rate of 0% from the original 20%, the amount does not exceed 600,000 tonnes, and the easing of wheat import conditions except for the proportion of wheat imports to domestic corn purchases at 1 to 3 in the three-month period between May-July 2022, a total of not more than 1.2 million ...

Source: Pasusart