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Fifteen Vietnamese animal feed businesses and the Dong Nai Livestock Association petitioned the government over soybean meal import tariffs. A decree cut the preferential rate for code 23040090 from 2% to 1%, but customs offices applied code 23040029 at the old rate, delaying clearance.
Higher effective import costs and clearance delays raise feed makers' landed costs for soybean meal, which can tighten local supply and widen the gap with world prices.
en.vietstock.vnVIRJan 21, 2025After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
