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Egypt’s dollar crisis causes unused capacity in Thai tuna processing industry

Unused capacity in the Thai canning could be offset by stronger EU purchasing power thanks to the euro strengthening

By Matilde Mereghetti | Jan. 26, 2023 09:59 GMT
Credit: givaga / Shutterstock.
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The economic crisis in Egypt -- the largest canned tuna market in the Middle East and a significant buyer for Thailand -- is causing capacity in several Thai plants to go unused, according to Middle East market expert and former Thai Union Group executive Arnab Sengupta.  [...]

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