Friday, August 4, 2017

Manufactured food exports up following producer price drop. Total exports take a nosedive


Exports of prepared foodstuff and beverages increased 15 percent in volume in the first half of this year, in comparison to the same period of 2016. It increased from 150,000 tons to 172,000 tons, according to figures published by Customs.

Mounir Bissat, Secretary General of the Syndicate of Lebanese Food Industrialists, said: "As competition is increasing in the exporting markets, some companies have chosen to maintain their export share by reducing prices or selling at cost prices in or...

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