Bangkok Post
Malaysia's ban sparks market hunt
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The government is accelerating efforts to open alternative markets for Thai shrimp after Malaysia suspended imports of five species, with authorities seeking to prevent a decline in farm-gate prices and cushion the impact on farmers.
Key facts
- The government is accelerating efforts to open alternative markets for Thai shrimp after Malaysia suspended imports of five species, with authorities seeking to prevent a decline in farm-gate prices and cushion the impact on farmers.
- Deputy government spokeswoman Rachada Dhnadirek said on Sunday the Commerce and Agriculture ministries had expedited measures to address impacts of the suspension, which took effect last week.
- Ms Rachada said the Commerce Ministry has introduced 13 urgent measures aimed at absorbing around 400 tonnes of shrimp a month -- close to Thailand's average monthly exports to Malaysia of 300–400 tonnes, valued at roughly 44 million baht.
- Ms Suphajee said Malaysia's suspension was imposed abruptly, with Thailand informed on May 28 and the measure taking effect just days later, leaving limited time to prepare a response.
Summary
Deputy government spokeswoman Rachada Dhnadirek said on Sunday the Commerce and Agriculture ministries had expedited measures to address impacts of the suspension, which took effect last week.
She said Prime Minister Anutin Charnvirakul has expressed concern over the hardship faced by shrimp farmers, particularly in the South, as the industry supports a broad supply chain involving collectors, processing plants, exporters and a large workforce.