Australian beef prices up in Taiwan

AUSTRALIA - The Taiwanese wholesale market has reportedly remained short of Australian imported beef, leading prices to increase by at least 10% for most cuts over the past month. Australian prices are also reportedly expensive when compared with US, particularly for shin/shank and intercostals.
calendar icon 14 December 2006
clock icon 1 minute read
Sources indicated that the prices of Australian intercostals (NT250/kg or A$9.80/kg) and shin/shank (NT230/kg or A$9.00/kg) have remained 15–25% higher than US prices (NT200/kg or A$7.85/kg) – this has meant the US continues to capture a larger share of the market.

The price of chilled Australian rib eye has reportedly increased by 15% to NT550/kg (A$21.60).

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