Topic “In the News News” — Exporter Magazine
New Zealand sold dairy goods to 151 countries last year, but China was the biggest customer by far, paying out $1.33 billion, the report says, citing NZ Ministry of Agriculture and Forestry (MAF). The Food and Agriculture Organisation’s outlook is that average prices for wheat and grains, vegetable oils and dairy are likely to be higher over the next decade, according to FoodNavigator.com. Danish carrier Maersk Line has told customers it is getting ready to levy a surcharge of US$750 (NZ$ 1,079) per TEU and a $1,000 per FEU as well as a $1,200 per 40-foot high cube surcharge on Asia-to-north Europe from July 15, citing space constraints and equipment shortages, according to the Shipping Gazette. New Zealand dairy exports, which make up a fifth of the nation’s total overseas trade, are likely to surge 58% over the next four years on rising prices and demand, according to Bloomberg news. Foxconn Technology Group, which supplies Sony, Apple and Nokia with IT components, is moving part of its major plant away from costly Shenzhen after hefty wage increases at its factories in the southern city, affecting hundreds of thousands of workers, according to ChinaDaily.com. A new kiwifruit fruit, with a striking red centre, exotic flavour and a creamy texture, is to be launched this week by Turners & Growers. Branded as EnzaRed kiwifruit, this is the first major change to the fruit since the gold kiwi more than a decade ago.