Malaysia bans chicken exports from June 1, 2022

Published May 29, 2022

Tridge summary

Malaysia is set to ban the export of 3.6 million chickens a month starting June 1, 2022, in response to claims of price monopoly. The decision, discussed with 12 producers and breeders, aims to stabilize supplies and prices domestically. The ban could impact Singapore, Thailand, Brunei, Japan, and Hong Kong, which are significant importers of Malaysian chicken. The move is part of global efforts to reduce food prices, which have surged due to the conflict in Ukraine. Singapore's Food Authority has advised consumers to switch to frozen chicken or meat alternatives in anticipation of potential disruptions to chilled chicken supplies.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On May 23, 2022, government officials met with 12 producers and breeders including Leong Hup Poultry Farm Sdn., HLRB Broiler Farm Sdn., PWF Corporation Bhd and Livestock Association of Malaysia. , after a Cabinet meeting to discuss the ban. Prime Minister Ismail Sabri Yaakob said Malaysia will stop exporting 3.6 million chickens a month from June 1, 2022 and investigate allegations of price monopoly. Agriculture and Food Industry Minister Ronald Kiandee said the chicken export ban would be revisited when supplies and prices stabilize. The move is likely to target Singapore, which imports a third of its supplies from Malaysia, as well as Thailand, Brunei, Japan and Hong Kong. The ban is the latest in a series of measures by the Malaysian government aimed at lowering domestic prices, as countries around the world confront soaring food prices, in part as a result of the conflict in Ukraine reducing food supplies. provide food. Singapore's Food Authority said restricting Malaysian ...
Source: Vinanet

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.