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Since Taiwan’s economy started taking off in the 1980s, larger disposable incomes have led Taiwan consumers to gradually demand diversification and broader options for their daily diets.
Taiwan is a mature and stable market. The primary driver behind soybean imports is demand for soybean meal for animal feed.
On March 8, 2017, Taiwan completed the first tranche of the 2017 U.S. rice Simultaneous Buy and Sell (SBS) tender GF4-106-015 for 18,500 tons.