NEW YORK — A threatened strike at the Hunts Point Terminal Market has been averted — for now.

The head of Teamsters Union Local 202 threatened to lead a walkout at 12:01 a.m. Jan. 17 after 1,200 union member market workers rejected a Jan. 10 contract offer.

The workers didn’t picket after their contract expired and negotiations between the union and market owners continue.

“There have been no changes,” said market co-chairman Matthew D’Arrigo, vice president of D’Arrigo Bros. Co. of New York Inc. “We meet this afternoon (Jan. 17). We are all hopeful we can get closer to an agreement.”

Wholesaler Chris Armata, president of E. Armata Inc., said he’s glad the two sides are going back to the negotiating table.

“Everyone wants to work,” Armata said. “No one can afford to lose their jobs. No one can lose their business and customers. No one can afford to lose any of this especially in today’s economy.”

If the workers strike, it would mark the first time in 25 years workers picketed the market.