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Rice export prices remain unchanged despite the appreciation of the Thai baht against the U.S. dollar, except for parboiled and fragrant rice prices which increased 1-2 percent, following the steady export demand.
The People’s Republic of PRC (PRC) bio-based diesel (BBD) exports are expected to drop following the EU provisional antidumping duties of up to 36.4 percent on biodiesel and hydrogenation-derived renewable diesel (HDRD), though sustainable aviation fuel will provisionally be excluded from further duties.
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 due to acreage expansion and average yield improvement, compared to MY 2023/24.
On August 20, 2024, the Philippines notified the World Trade Organization (WTO) of GBT/TBT/N/PHL/336 on the Guidelines on the Adoption of Codex Guidelines for Ready-To-Use Therapeutic Foods (RUTF) (CXC 95-2022) as Technical Regulation.
The Philippines recently notified regulations on follow-up formula or milk supplements and products for young children to the World Trade Organization.
On July 11, 2024, China notified draft National Food Safety Standard Food Additive Dibutyl Hydroxytoluene (BHT) to the World Trade Organization (WTO) under G/SPS/N/CHN/1306.
The report details the Department of Agriculture's regulation on the criteria, methods, and conditions for certifying genome-edited plants. This regulation enables Thailand to access new plant varieties, enhancing the country’s ability to address food security and climate change challenges.
Over the last decade, with investments in domestic port infrastructure and storage and owing to Turkiye’s deeper integration in regional and global trade networks, the country has become a major hub for transshipped agricultural products, such as oilseeds, grain, pulses, tree nuts, and juice.
Turkiye’s cherry production for marketing year (MY) 2024/25 is forecast down from last year’s record, but is still the third largest on the books. Despite the contraction in production, cherry exports are forecast to hit an all-time high as growers prioritize sales abroad since it’s more profitable then selling on the local market.
China notified the National Food Safety Standard: Cooked Meat Products (draft for comments) to the WTO Committee on Sanitary and Phytosanitary (SPS) Measures as G/SPS/N/CHN/1313 on July 11, 2024.
On July 11, 2024, China notified draft Measures for Supervision and Administration of Quarantine for Entry and Exit Medicinal Materials to the World Trade Organization (WTO) under G/SPS/N/CHN/1314.
On August 21, 2024, the Ministry of Commerce (MOFCOM) of the People's Republic of China (PRC) announced that it had initiated an anti-subsidy (i.e., countervailing duty or CVD) investigation on imports of certain dairy products originating from the European Union.