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This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
Indonesia extended its B30 mandate, which requires biodiesel to contain 30 percent palm oil-based fuel, to 2022. Palm oil exports for 2021/22 are forecast to increase 13 percent and soybean meal imports are estimated higher than previously expected.
Indonesia’s wheat demand is recovering from pandemic-induced lows and imports are rebounding, while the forecast for rice production is up thanks to ample rainfall.
Post estimates that Vietnam’s cotton imports for MY21/22 to increase 7 percent over the previous year, to 7.8 million bales or about 1.7 MMT.
Rice export prices decreased 1-2 percent due mainly to the weakening of the Thai baht against the U.S. dollar.
The Philippines is the ninth largest market for U.S. agricultural exports and the largest destination for U.S. consumer-oriented products in Southeast Asia. The United States is the largest single-country supplier of agricultural products, although ASEAN countries benefit from lower tariffs and have more market share as a group.
Hong Kong is the ninth largest importer of baked goods in the world, with imports valued at $870 million. Major import categories included pastries, bread, and cakes. For the first ten months of 2021, Hong Kong imports of baked goods were $721 million, a modest increase of 1.61 percent over the same period in 2020.
The Government of Indonesia approved regulations for genetically engineered (GE) products, which allows for commercial GE crop cultivation. In July 2021, the Ministry of Agriculture issued a decree approving the release of a GE potato.
Singapore does not have any domestic commercial production of plant biotechnology. The Singapore Food Agency provides a link in its website that lists a total of 57 genetically engineered (GE) crops that have been approved for use as food for direct consumption, ingredients, and further processing into ingredients for other food in the country.
On November 30, FAS China downloaded a list of Harmonized System (HS) codes from the General Administration of Customs of the People’s Republic of China (GACC) Single Window website that reportedly represent the scope of commodities covered by Decree 248.
This report contains updated information as of November 19, 2021 on the implementation of overseas facility registration requirements following recent conversations on Decree 248 with authorities of the Import/Export Food Safety Bureau of the General Administration of Customs of the People's Republic of China (GACC).
The COVID 19 pandemic in Malaysia saw most government agencies operating at minimum staffing with most working from home throughout 2020 and 2021. This has severely impacted the number of GE events approved by the National Biosafety Board (NBB).