# Thailand: Fishermen concerned with the cancellation announcement of the Ministry of Commerce on the ban of fishmeal imports due to the liberalization of imports

> Thailand's Department of Foreign Trade is reviewing Ministry of Commerce Notification No. 72, a decades-old ban on importing fishmeal with protein below 60 percent. Cancelling it would allow free import of low-grade fishmeal. Domestic fishermen and the Thai Fish Meal Producers Association oppose the move.

- Date: 2021-03-21 · published 2021-03-21T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/48205-thailand-fishermen-concerned-with-the-cancellation-announcement-of-the-ministry
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Cheaper imported low-grade fishmeal could pressure domestic fishmeal prices lower and affect feed ingredient costs in Southeast Asia. Low-grade domestic meal prices had already risen as canned fish output fell during COVID-19.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/news/sen-fish-meal-opposed-commerce-to-amend-the-law-to

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.