STAG NEWS BITES is produced for Australian Seafood Exporters, containing important updates and informal translations of news from Asian media sources. Any information provided as part of this trade news service is general in nature. Before acting on any information provided, you should consider its appropriateness to your circumstances and business objectives M A R K E T N E W SSeafood market in China bans imported seafoodSource: Seafood Source, 8th December 2020 Seafood markets in one of China’s largest cities are barring vendors from selling or stocking imported seafood after the novel coronavirus was detected on foodstuffs of foreign origin. To read the full article, click here Image: Luca Rei Singapore retail, restaurant/food service and F&B sales continue to fallSource: Statistics Singapore To download an easy to follow fact sheet that outlines the statistics of Singaporean retail, restaurant/food service, and food and beverage sales click here Tariffs for export products in key marketsSource: Various Summary information on tariffs for key export products to key markets is now available from the STAG website. This summary is presented as a simple table that lists the product (e.g. lobster, abalone, prawns, finfish, oysters, tuna etc. for key markets such as China, Hong Kong, Japan, Singapore, Indonesia, Vietnam, Thailand, USA, UK and EU. To access this information from the STAG website, click here Chinese consumers, markets and importers wary of imported foodSource: Global Times, 29th November 2020 With growing cases of novel coronavirus that is being reported on frozen food imported from overseas, Chinese food markets have been scrutinizing every imported product, and to reduce risks, many have chosen to reduce amounts of imported food and shift their business to non-frozen food. Meanwhile, some Chinese consumers are avoiding imported foods and turning to domestically made food instead. To read more click here EU agrees to eliminate tariffs on US lobsterSource: Seafood Source, 1st December 2020 The European Union parliament has officially passed a mini trade deal with the U.S. that will see all tariffs on U.S. lobsters dropped for the next five years. To read more, click here Tokyo to ask restaurants to shorten business hours againSource: The Japan News, 2nd December 2020 The Tokyo metropolitan government has asked restaurants that serve alcohol and karaoke establishments to shorten their business hours and close by 10 pm in response to the spread of the novel coronavirus. To read the full article, click here Consumers concerned about environmental sustainabilitySource: MSC The latest multi-country survey by the Marine Stewardship Council (MSC), conducted by GlobeScan, indicates that concerns related to the environment are top of mind for consumers and are becoming increasingly important, even as the world grapples with the impacts of the COVID-19 pandemic. To read more, click here COVID's impact on US seafood industrySource: Seafood Source, 24th November 2020 A new study published by a group of academic researchers provides the first attempt at a comprehensive review of how the COVID-19 pandemic has affected the U.S. seafood industry. To read the full article, click here Tensions rise as WTO subsidies negotiation deadline loomsSource: Seafood Source, 1st December 2020 With the World Trade Organization currently hosting "last ditch talks" on ending harmful fisheries subsidies, there is increased worry among observers that a deal may not get done. To read the full article, click here
Tokyo reports 418 new casesSource: Japan Times, 29th November 2020 Tokyo has confirmed 418 new cases of coronavirus infections. The figure for new cases is based on 7,047 tests. People in their 20s accounted for the largest group of new infection cases, at 110, followed by those in their 40s at 80, and those in their 30s at 70. Those aged 65 or over totaled 55. To read the full article, click here and here South Korea to consider joining TPP trade pactSource: The Japan Times South Korean President Moon Jae-in said that the country will consider joining the Trans-Pacific Partnership free trade pact. It is the first time the South Korean leader has raised the possibility of Asia’s fourth-largest economy joining the 11-member trade pact, according to local media. To read the full article, click here Image: Yon Hap via AP Add your boat or shop to Fish FinderSource: Seafood Industry Australia As part of Seafood Industry Australia’s “Great Australian Seafood” campaign, a lobster function has been added to the Great Australian Seafood Fish Finder Fish Finder allows people to search by postcode for retailers and back of boat Australian seafood sales. To include your shop or boat visit here for instructions on how to get on the platform. STAG News Bites is a resource for Australian seafood exporters, currently funded by the Abalone Council Australia Ltd, Southern Rocklobster Ltd, Australian Abalone Growers Association, Western Rocklobster Council and the Fisheries Research and Development Corporation. We acknowledge past funding from the Australian Government Department of Agriculture and Water Resources, through the Package Assisting Small Exporters. This STAG publication contains informal translation of foreign and Asian media. Any information provided as part of this trade news service is general in nature. Before acting on any information provided, you should consider its appropriateness to your circumstances and business objectives. Copyright © 2020, Seafood Trade Advisory Group. All rights reserved. |