7
Wednesday, June 14, 1972
RICE IMPORT QUOTA
The Commerce and Industry Department announced today that
the rice import for the third quarter of 1972 had been provisionally
fixed at 85,800 metric tons (i.e. 97 per cent of the basic quota of 88,000
metric tons).
A spokesman of the Department said that rice consumption is
usually lower than average in the third quarter of the year because
of the warm weather. The slight reduction in the quota takes account
of these circumstances.
As usual, the Department will keep development in the rice
trade under close review, and may issue a supplementary quota during
the quarter should circumstances so warrant, the sopokesman said.
In the five months of this year, Hong Kong imported approximately
156,200 metric tons of rice. Of this amount, Thailand supplied 66 per cent
and China 27 per cent. The remainder came mainly from Australia and Burma.
/8
G
No comments yet.
Private notes are available after approval.