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The Indonesian foodservice industry is valued at USD$24.3 billion, making it the largest market in Southeast Asia.
The sugar production forecast for MY21/22 (October – September) is revised down to 10.3 MMT on slower than expected growth in cane acreage and more sugar beet acreage losing out to corn.
On September 23, 2021, China’s Ministry of Agriculture and Rural Affairs (MARA) published its Interim Implementation Plan to Manage Swine Production Capacity which provides management targets for the swine sector.
The Ministry of Agriculture issued Regulation Number 15 Year 2021 (15/2021) that includes provisions regarding the import of food products of animal origin.
On September 29, 2021, the General Administration of Customs of the People’s Republic of China (GACC) transmitted a letter regarding Decree 248 to the U.S. Embassy in Beijing, China.
Total sales of the hotel, restaurant and institutional (HRI) food service industry totaled JP¥25,517 billion (US$239.1 billion) in 2020, a decrease of 26 percent from 2019 due to the ongoing COVID-19 pandemic.
Post is adjusting its MY 2021/22 crude palm oil (CPO) production forecast down 1.5 million metric tons (MT) from the USDA Official estimate to 18.2 million MT.
Export prices of white and parboiled rice remained unchanged as the weakening of the Thai baht offset higher domestic prices for Thai rice.
With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.
The Hong Kong government recently published a report on its second Food Consumption Survey which highlights local dietary preferences.
Singapore has a highly developed and competitive hotel, restaurant and institutional (HRI) industry that is traditionally fueled by robust tourism and receipts.
On September 29, 2021, Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 14 agricultural chemicals (Clethodim, Sedaxane, Flutianil, Propargite, Mandipropamid, Metamifop, Isoeugenol, Oxyclozanide, Tylvalosin, Trimethoprim, Halofuginone, Maduramicin, Robenidine, and Canthaxanthin) for various agricultural commodities.