Thai chicken exports boosted by Chinese demand

[webfact]

Thai chicken exports boosted by Chinese demand

By The Nation

 

Photo by: The Nation

 

Thai exports of fresh and processed chicken totalled 390,000 tonnes in the first five months of 2019, up 15 per cent from the same period of last year, according to the Thai Broiler Processing Exporters Association on Monday.

 

The association’s manager, Kukrit Arepagorn, attributed the rise to growth in demand from China, which imported 25,000 tonnes of Thai chicken products in the first five months, up 1,462 per cent from the same period last year. Demand from other countries had also increased by up to eight per cent in the first five months, to 138,000 tonnes. Exports to South Korea, Japan and Malaysia also rose, he said.

 

With the strong demand in the market so far this year, the association expects Thai fresh and processed chicken exports to achieve the target of 900,000 tonnes by the end of 2019. However, in terms of value, the growth will be curbed by the fact that the baht has strengthened from Bt32 per dollar last year to an average of Bt30.6 this year, he said.

 

Source: https://www.nationthailand.com/business/30372989

 

-- © Copyright The Nation Thailand 2019-07-15

Follow Thaivisa on LINE for breaking Thailand news and visa info

[Isaan sailor]

Great news.  With tourism and most exports tanking—chickens will save the economy.  But wouldn’t it be simpler to lower the Baht, BoT?  Couldn’t they hold off on those juicy foreign inflows for a while?

 

[Ombra]

Is this one of the effects of African Swine Fever in China?

[rickudon]

13 hours ago, Ombra said:

Is this one of the effects of African Swine Fever in China?

Absolutely. It has been ongoing for 11 months in China now and over a million pigs have been culled - officially. Given that Vietnam has already culled over 3 million pigs in 5 months, chinese probably telling porkies (pun intended). A case has just been confirmed in Vientianne, so in Nong khai soon ...

[Johnnyngai]

I was wrong, I always thought chickens can't tolerate the super hot and humid condition of Thailand.