Rise in meat imports may not translate to lower prices
The Philippine Star|October 20, 2024
The country's meat imports from January to August climbed to more than 900,000 metric tons (MT) as shipments for the holiday season have started to arrive, especially delayed orders from previous months, causing profit concerns on some traders and importers.
Jasper Emmanuel Arcalas

Bureau of Animal Industry (BAI) data showed that meat imports from January to August reached 907,771 MT, about 11 percent higher than the 817,353 MT recorded in the same period of last year.

The Meat Importers and Traders Association (MITA) attributed the increase in to the arrival of shipments that were ordered in the previous months but delayed by global logistical woes.

This story is from the October 20, 2024 edition of The Philippine Star.

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This story is from the October 20, 2024 edition of The Philippine Star.

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