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Monday, March 19, 1973
RICE IMPORT QUOTA FOR SECOND QUARTER OF 1973
The Commerce and Industry Department today announced that the rice
import quota for the second quarter of 1973 had been provisionally fixed at
99,000 metric tons.
This was 12.5 per cent above the basic quota 88,000 metric tone.
Commenting on the quota, a spokesman for the Department said that
offtakes of rice in recent months had been higher than usual. "The increase
in the quota takes account of this and also provides for a slightly larger
stock for Hong Kong as a whole," he said.
The Department would keep developments in the rice trade under close
review, and might issue a supplementary quota during the quarter should
circumstances so warrant, the spokesmen added.
In the first two months of this year, Hong Kong imported 54,223.8
m/tona of rice. Of this amount, Thailand supplied 63 per cent and China
31.8 per cent. The remainder came mainly from Australia, the United States and
Burma.
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