LiveMarket prices
Wheat flour (packaged)58—Ginger (imported)167—Ginger (local)154—Aman rice (medium)56—Aman rice (coarse)48—Aman rice (fine)72—Iodised salt (packaged)32—Green chilli218—Broiler chicken162—Mutton900—Sugar (local)132—Chickpeas (whole)85—Farm eggs (red)47—Onion (local)60—Boro rice (medium)55—Boro rice (coarse)47—Boro rice (fine)66—Beef729—Mung dal122—Garlic (imported)192—Garlic (local)173—Soybean oil163—
Updated 25 September 2026
Dhaka26°FairHumidity 93%Wind 10 km/h

South Korea fills its duty-free quota for US oranges early

The 3,782-metric-ton quota, assigned to 98 bidders, keeps US oranges duty-free during Korea's September-to-February high-tariff season.

South Korea has fully allocated its 2026 tariff-rate quota for US oranges, preserving a duty-free window for American citrus during the months when Korea otherwise charges a 50% tariff, according to USDA's Foreign Agricultural Service.

The quota of 3,782 metric tons was assigned to 98 bidders on 28 August and covers shipments from 1 September 2026 through 28 February 2028. US oranges entering within the quota during Korea's September-to-February season pay no duty, while shipments outside it face the 50% tariff.

From March to August, US oranges already enter South Korea duty-free under the trade agreement's seasonal tariff schedule, and the in-season quota has been widened gradually under the agreement.

Demand was weaker for another specialty crop: USDA said a 4 September auction for South Korea's ginseng tariff-rate quota received no bids.

The allocation gives US citrus exporters another year of protected duty-free access during Korea's restricted season; growers and shippers will now watch how quickly the quota is used and how Korean demand develops. The report is by Tony St. James.

Source: All Ag News

All Ag NewsThe Agro News

Fruits

Related stories

Comments

(0)