Hong Kong: Lucrative Market of Ox Gallstones

  |   Attaché Report (GAIN)

U.S. beef processing plants should take note of the huge export potential of a cattle byproduct, ox gallstones, to the Hong Kong market. Ox gallstones are in high demand in the Chinese community as a precious Chinese herbal medicine. They are either sold as natural gallstones or combined with other ingredients as a proprietary Chinese medicine. The retail price of natural gall stones is as high as HK$19,000 for one tael, ie. US$65 per gram. A small pellet weighing three grams costs around US$195. Currently, there are Hong Kong importers looking for supplies. 

Hong Kong: Lucrative Market of Ox Gallstones

Related Reports

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.