THAILAND TO CAPITALISE ON MALAYSIAN SHORTFALL, THAI POULTRY GIANTS NEGOTIATING LONG TERM CONTRACTS WITH THEIR SINGAPORE TRADING COUNTERPARTS.
The Malaysian poultry business is about to go to the dogs, the Thais who are famous for their chicken exports even supplying to our famous Ayam Mas are now negotiation with their Singapore counterparts.
With back to back contracts with the Cambodian and Laotian and breeders for free range and Organic chicken. After all it only takes 6 weeks for the ordinary poultry, 8 weeks for free range chicken and 12 for Organic Chicken the Thais see big bucks here.
Margins selling to Singapore are much better and Chicken starved Singapore are looking for a more stable supplier, they have coped with the inconsistent supply especially in the Raya and CNY seasons and the Thais are assuring them of constancy in supply and better quality.
Here we go again thanks to Ismail Sabri and his ministers we are about to lose this business to Thailand.
The Thais are happy the margins are better and are determined to corner this market and keep it.
THE LESSON TO LEARN HERE IS TREAT YOUR CUSTOMER SHABBILY AND YOU'LL PAY FOR IT.