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Thai Shrimp Sales Weather Terrorism.
Oct. 2--Thai shrimp exports to the United States are back on schedule after a brief delay caused by the terrorist attacks on Sept 11, according to Paiboon Ponsuwanna, president of the Thai Frozen Foods Association.
Shipments were being delayed longer at ports due to tight security checks but the impact on the shrimp trade had been slight, he said.
"Good refrigeration on board can extend the shelf-life of the product for up to 24 months, so the delay is no problem. Fortunately, the food business in the US returned to normal quite fast. The Fulton Market in New York, the biggest seafood market in the city, resumed business the day after the attack," he said.
About 40 percent of the Thai shrimp products are destined directly for supermarkets and 60 percent for restaurants and further processing before being sold.
"Though the crisis may discourage people from dining out and eating shrimps, luxury items, some will buy the product to cook at home," he said.
Shrimp exports to the US are now fetching just over 400 baht ($9) per kilogramme.
Orders for the last quarter were coming in, Mr Paiboon said, but the export price was expected to decline in line with the US economy.
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