$

CPF

CHAROEN POKHPAND
CPF.BK
Last Price
28.75
09:38 GMT / 17 JUL 2019
Value Change [%]
0.00
[(0.00%)]
Volume
26,371,900
Open
28.50
Day's High
29.00
Year's High
30.50
Previous Close
28.75
Day's Low
28.50
Year's Low
23.70
Earnings Per Share
1.99
P/E Ratio
14.43
Lot Size
100
Div. Yield (%)
2.26
Dividend
0.65
Div. Pay Date
23 MAY 2019
Ex-Div. Date
07 MAY 2019
Last Trade
28.75
Last Trade Time (GMT)
09:38
Last Trade 2
28.75
Last Trade 3
28.75
Volume
26,371,900
Turnover
757,710
Bid
28.75
Bid Size
433,500
Ask
29.00
Ask Size
4,457,100
Close Bid
28.75
Close Ask
29.00
aseanexchanges
@aseanexchanges

Charoen Pokphand Foods Public Company Limited is a Thailand-based company engaged in the operation of agro-industrial and integrated food businesses. The businesses are divided into two segments: livestock business, which comprises of chicken, duck and pigs and aquatic business, which consists of shrimp and fish. The two main businesses are vertically integrated, sourcing raw materials for animal feed production, breeding animals, farming animals for commercial purposes, processing meat, producing ready-to-eat food products, and selling products to both domestic and overseas markets. The Company’s products include animal feed, animal farm products, such as animal breeder, live animal and meat, and processed foods and ready meals. Its subsidiaries include Bangkok Produce Merchandising Public Company Limited, Bangkok Agro-Industrial Products Public Company Limited, Bangkok Food Products Co., Ltd. and Charoen Pokphand Northeastern, among others.

  • Market News
Thai chicken sales to China rocket as African swine fever triggers switch away from pork
18 September 2019
source: reuters.com
    * Jan-Jul poultry exports to China 33,500 T vs 4,100 T yr
ago-assn
    * Prices ranged from $4,000-$5,000 per tonne - assn
    * Thailand regained access to Chinese poultry market in
March 2018

    By Chayut Setboonsarng
    BANGKOK, Sept 18 (Reuters) - Thai poultry exports to China
have surged eight-fold this year as an outbreak of deadly
African swine fever in the world's biggest consumer of pork
stokes a rush to source alternative meat supplies, a Thai
industry association said on Wednesday.
    The disease, nearly 100% fatal to pigs and highly contagious
with no vaccine though not harmful to humans, has wiped out
nearly 40% of the pig herd in China since the first outbreak in
August 2018. The virus has since spread across Asia, with South
Korea the latest country affected.  urn:newsml:reuters.com:*:nL3N26903K   
    "We exported 33,500 tonnes (to China) in the first seven
months of this year, up from 4,100 tonnes last year," Kukrit
Arepagorn, manager of the Thai Broiler Processing Exporters
Association, told Reuters.
    Demand for Thai poultry could potentially grow further, even
after the surge of more than 700% with prices ranging from
$4,000 to $5,000 per tonne, Kukrit said: Seven factories in
Thailand currently sell to China, he said, with buyers
inspecting additional plants that could increase sales.
    The association's members, which include CP Foods Pcl
 CPF.BK , Betagro Pcl  BETAGRO.BK  and privately owned Cargill
as members, operate a total of 20 factories.
    Though still dwarfed by the scale of China's market, imports
from suppliers including Brazil have jumped. Imports of chicken
in July were 68,221 tonnes, up 39% from a year ago, according to
Chinese customs data.  urn:newsml:reuters.com:*:nL4N25C0IA
    Kukrit noted Thailand only regained meat export access to
the Chinese market in March 2018, having been barred since 2004
because of bird flu outbreaks.
    "At first Chinese customers were not familiar with Thai
products, but later realised it was good quality and wanted
more," Kukrit said.  
    The boost from the Chinese market pushed overall exports to
growth of 9.8% in the January-July period versus the same period
a year earlier, Kukrit said. Japan remains the leading importer
of Thai poultry shipments, accounting for about half of total
overseas sales or 400,000 tonnes per year.


 (Reporting by Chayut Setboonsarng
Editing by Kenneth Maxwell)
 ((chayut.setboonsarng@tr.com; +66854849033;))
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