May 7, 2020
Prospects are good for CPF’s chicken exports as Singapore and China are switching to chicken meat from Thailand, according to CPF’s CEO Prasit Boondoungprasert. He said Malaysia’s border closures are motivating Singaporean importers to source chicken products from Thailand. Additionally, closure of chicken processing plants in the US is leading to shortages of meat in the global market. “This makes China an ideal market for Thailand as the US cannot deliver sufficient meat and poultry to China,” he said.