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- (-) Cotton and Hemp
- (-) June 2022
- (-) March 2013
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Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate. The expected reduction is based on textile companies shifting their operation to other South-East Asian countries as the cost of labor increased in Malaysia with the revision of new minimum wages on April 1, 2022.
The following changes have been made to the 2022 FAIRS report: 1) Section II – Labeling. Effective December 1, 2023, food containing hydrogenated oils must be labeled. 2) Section III – Packaging. Glass and plastic bottles will be subject to additional levies. 3) Section VI – Other Requirements, Regulations, and Registration Measures.
Post forecasts Brazil's 2013/14 production to increase slightly, with exports to decrease 55 percent.
A look at U.S. exports to South Korea in the year since since the United States-Korea Free Trade Agreement entered into force.