ABPA proposes increase in chicken export prices to offset anti-dumping deficit
Dec, 21, 2018 Posted by datamarnewsWeek 201852
Animal Protein Association, ABPA formally submitted a proposal to Chinese authorities to raise poultry export prices in a bid to offset losses due to anti-dumping duties. In June China imposed an anti-dumping tariff of between 18.8-38.4%, on Brazilian chicken exports which has a significant effect on many of Brazil’s main poultry exporters – such as JBS and BRF. Brazil is now awaiting China’s response to this.
The following chart shows Brazil’s chicken export trends to China for the first ten months of the last three years:
Supporting Sources:
https://af.reuters.com/article/commoditiesNews/idAFE6N1XC02Y
Brazil’s ABPA submits proposal to raise chicken export prices to China
SAO PAULO, Dec 19 (Reuters) – Brazilian meat industry association ABPA on Wednesday formally submitted a proposal to raise prices for chicken exports to China, in a bid to lift anti-dumping deposits on the Brazilian product, an attorney representing the group said.
Claudia Marques, a partner at MPA Trade Law, said in an interview that China’s Ministry of Commerce will now formally say whether it accepts the terms proposed by ABPA. The anti-dumping deposits on Brazil’s chicken exports into China range from 18 percent to 38 percent, Marques said.
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