Firms want higher salt imports

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Enterprises have called for an increase in salt imports in order to maintain production output. However, the Ministry of Industry and Trade, after considering a Ministry of Agriculture and Rural Development proposal, has decided to halt salt imports temporarily in order to adjust domestic salt prices. Halting salt imports is expected to encourage enterprises to…


China acknowledges need for sizeable corn imports

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China acknowledged what analysts have long proclaimed, that it will make substantial corn imports, to keep its huge hog herd in feed and meet growing demand for pork among its enriched population. The China National Grain and Oils Information Centre, China’s official crop think tank, pegged the country’s corn imports in 2011-12 at a record…


VFA denies rumour on Indonesia’s imports of extra 700,000 tonnes Vietnamese rice

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Vietnam Food Association (VFA) has denied a rumour that the National LogisticsAgency of Indonesia has signed a contract to buy additional 700,000 tonnes of rice from Vietnam, the local newswre VnExpress reported on Friday. According to rice exporters, while the local rice market has suffered a recent strong volatility, the wrong information about Indonesia importing…


Agricultural imports rise 23 percent

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Vietnam saw a year-on-year increase of 22.6 percent to US$10.4 billion in the first eight months of this year in imports of material for production and processing and finished products for the farming, forestry and seafood industries. According to the Ministry of Agriculture and Rural Development, the increase was due to a large surge in…


South Korea pork imports to slide from record high

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The boom in South Korea’s pork imports, after an outbreak of foot-and-mouth disease prompted the culling of one-third of the country’s pig herd, is to go into a – limited – reverse next year. South Korea’s pork imports, whose jump to an estimated 580,000 tonnes this year has helped lift Chicago hog futures to all-time…


Sugar imports will help cut prices

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The Hanoitimes – The Department of Processing and Trade for Agro-Forestry-Fisheries Products and Salt Production under the Ministry of Agriculture and Rural Development has asked the Ministry of Industry and Trade to resume sugar imports in order to avoid rising prices in October and November this year. "Up to the middle of July, domestic manufacturers…


Sugar craving a headache

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Vietnam may resume sugar imports to keep local firms sweet. Tran Thi Mieng, an official from the Ministry of Agriculture and Rural Development (MARD), said: “MARD should ask the Ministry of Industry and Trade to allowing the resumption of sugar imports in August to satisfy domestic demand and avoid speculation.” She said that prices in…


Sugar revival catches many speculators off guard

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Sugar revival catches many speculators off guard The strong rebound in sugar futures – which continued on Monday, helped by data showing a doubling in Chinese imports – wrong-footed many speculators, who sold off heavily before the revival gained traction. Managed money, taken as a proxy for speculators, cut their net long position in New…


Sugar imports will help cut prices

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HA NOI — The Department of Processing and Trade for Agro-Forestry-Fisheries Products and Salt Production under the Ministry of Agriculture and Rural Development has asked the Ministry of Industry and Trade to resume sugar imports in order to avoid rising prices in October and November this year. "Up to the middle of July, domestic manufacturers…


Proposal to reduce meat imports

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The Animal Husbandry Department of the Ministry of Agriculture and Rural Development has proposed that meat imports must be reduced to encourage local livestock farmers to expand production. According to Hoang Kim Giao, head of the department, prices of livestock have increased from 30-50%, but prices of pork in the country are still lower than…


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