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China seafood trade analysis and outlook

Seafoodsource.com reports Chinese seafood processors are renegotiating their contracted prices due to rising costs for raw imported materials and freight. Port delays due to increased Covid-19 testing measures and suspensions of major overseas suppliers in India and Ecuador are added complications.

Austrade Export Market Development Grant applications are now open

Seafoodsource.com reports Chinese seafood processors are renegotiating their contracted prices due to rising costs for raw imported materials and freight. Port delays due to increased Covid-19 testing measures and suspensions of major overseas suppliers in India and Ecuador are added complications.

IFAM extended until mid-2022

The Minister for Trade, Investment and Tourism, the Hon. Dan Tehan, has announced the International Freight Assistance Mechanism (IFAM) will be extended until mid next year. The Minister said IFAM will receive an additional $260.9 million to continue operations until 30 June 2022, with an operational tail to the end of July 2022.

CHINA’S PROCESSORS FORCED TO PASS ON RISING SEAFOOD COSTS

Seafoodsource.com reports Chinese seafood processors are renegotiating their contracted prices due to rising costs for raw imported materials and freight. Port delays due to increased Covid-19 testing measures and suspensions of major overseas suppliers in India and Ecuador are added complications.

Online Webinar: Australia-China Authorised Economic Operator Mutual Recognition Agreement

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