New salt shipment from China received

Sum Manet / Khmer Times No Comments Share:
REUTERS/Akhtar Soomro

Following a disappointing year for Cambodian salt producers, the Kingdom received last week a shipment of 10,000 tonnes of the commodity from China.

For in depth analysis of Cambodian Business, visit Capital Cambodia
.

It is one of several shipments, with a total of 30,000 tonnes expected to arrive at Phnom Penh Autonomous Port during a three-month period.

The Kampot-Kep Salt Association, the organisation that placed the order with Chinese suppliers, said the shipment entered the port on Jan 3, but lamented that the 10,000 tonnes were shipped all at once, contrary to what they agreed to with the suppliers. This posed a significant problem to the association, who lacks storage capacity.

. .

“We agreed with the Chinese side that only two or three containers would be sent per shipment, but they sent 10,000 tonnes at once, so we faced difficulties finding storage facilities.”

The association, however, found this week a warehouse near the port that can fit the 10,000 tonnes of salt, Bun Baraing, vice-president of the Kampot-Kep Salt Association, told Khmer Times.

“We tried our best and found a warehouse capable of storing 10,000 tonnes of salt. From here, we can easily distribute it to depots for sale,” he said, adding that the commodity is now in high demand because of the prahok season.

Following a disappointing year for the sector that saw unfavourable weather conditions hamper production, the association announced an order of 30,000 tonnes of salt placed with firms in China to meet local demand.

The Chinese salt will be sold at 20,000 riel ($5) per bag, with each bag containing around 50 kilograms. By comparison, locally-produced salt is sold at around 22,000 riel, according to Mr Baraing.

. .

“Despite having the same quality than Cambodian salt, we are selling this salt at a lower price because we want to sell it as soon as possible to make room for more shipments from China.”

Share and Like this post

Related Posts

Previous Article

Hun Sen touts economic and social achievements

Next Article

Norwegian Air posts slower growth, yield edges up