THAILAND: Food firms hit by EU additive concerns
Following the news earlier this week that the EU had discovered traces of banned antibiotics in some Thai food imports, shares in Thai food exporters have slumped. By the mid-session break today [Friday], shares in Charoen Pokphand Foods (CPF), Thailand's biggest chicken exporter, were down 1.5% to Bt6.4 (US$0.15), while GFPT had slipped 6.6% to Bt42.75.
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