N E W S B I T E S April 2020
STAG NEWS BITES is a useful resource for Australian Seafood Exporters, containing important updates and informal translations of news from Asian media sources.
Y O U R A C T I O N R E Q U I R E D
Are you experiencing freight access issues?
Share your experience with SIA
Source: Seafood Industry Australia, 15th April 2020
A lack of access to domestic freight is emerging as an issue across the industry.
As with international freight, information and examples are being collected to help inform politicians and decision-makers when SIA request for support in this area.
If you have experienced an inability to access freight or a decrease in options, we'd appreciate you sharing your experiences by emailing the Chair of SIA chair@seafoodindustryaustralia.com.au
I M P O R T A N T A N N O U N C E M E N T S
COVID-19 agricultural trade impact analysis
Source: Department of Agriculture, Water and Environment, 14th April 2020
The Australian Government have been working to analyse the latest intelligence from markets about COVID-19 disruptions and opportunities.
To read more click here
To download the first trade impact analysis report which focuses on air and sea freight, click here
Australian exporters given $500M lifeline
Source: The Age, 15th April 2020
Australian exporters struggling to secure loans have been given a $500 million lifeline by the federal government to help re-establish markets and expand operations damaged by coronavirus.
Export Council of Australia said the funding could help Australia be one of the first countries to start getting products back into China as the region opened up again for trade.
To read more, click here
C H I N A L I S T U P D A T E
Source: Department of Agriculture, Water and Environment, 8th April 2020
The STAG has received an update in regards to industry submissions to the China Approved Species List:
1. The pre-2012 list is currently with GACC . The Department has asked that the pre-2012 list status be queried and that there are new species applications to submit.
2. The Department have enquired about the submission format due to the possibility of an “application form” as indicated from a few different sources.
3. The Department is scheduling a number of meetings with GACC. It is anticipated that if no or further useful advice from these meetings are obtained, then the industry applications that have been prepared will be submitted.
For more information about the China List, visit www.seafoodtradeadvisory.com
M A R K E T N E W S
Chinese consumption accelerated by fast store openings and millions of coupons
Source: Shanghai Observer, 3rd April 2020
Shanghai daily life is gradually recovering, both online and offline, since citizens were allowed to return to work. Merchants are stimulating consumption by the fast-tracked, acceleration of new store openings and millions of coupons being issued which has received a very positive response from consumers.
To read the full translated article, click here
High-end, imported seafood the clear winner in Hema Fresh's promotion efforts
Source: Seafood Guide, 3rd April 2020
During March Hema launched a "Chinese New Year Again" event with discounted seafood and other commodities through special discounts and coupons. As a result, imported high-end seafood was the the top-seller.
To read the full translated article, click here
China's wet markets under scrutiny by consumers
Source: The Straits Times, 12th April 2020
Chinese consumers are turning away from purchasing at wet markets even with re-openings.
As a result, Chinese supply chains will transform and it is predicted that people will move to purchase from trusted sources. Marketing to consumers will then be extremely important.
To read the full article, click here
Supply chains impacted as international seafood factories close
Source: IntraFish, 13th April 2020
Some of seafood's biggest companies are shutting down plants, fearing the worst, while others plough ahead with multi-million dollar plans in the hope of some kind of return to normality.
To read the full article, click here
"Mottainai" action wants no seafood going to waste
Source: The Japan Times
The idea of not wanting something to go to waste — mottainai — is a concept ingrained in Japanese culture. The Ministry of Economy, Trade and Industry estimates Japan discards over 6 million tons of edible food a year. That includes several thousands of tons of seafood discarded annually often for purely cosmetic reasons.
Mottainai Action is a project seeking to change that. To read the full article, click here
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.
