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China Market
Wednesday, June 17, 2020
China to sell 10,000 tonnes frozen pork from state reserves
On June 18, China will auction 10,000 tonnes of frozen pork from state reserves, the China Merchandise Reserve Management Center announced on Tuesday, Reuters reported.
Wednesday, June 17, 2020
China's hog prices increase 8.5%
According to data from the National Bureau of Statistics on Monday, prices of live pigs in China climbed up 8.5% in early June compared with the past 10 days, reported Xinhua.
Wednesday, June 17, 2020
China VA market under pressure (week ended Jun 15, 2020)
Traders who were eager to clear stocks cut prices of vitamin A500 further, whereas prices of vitamin A 1000 stayed firm on tight availability.
Wednesday, June 17, 2020
China threonine market shows signs of softening (week ended Jun 15, 2020)
Sales of threonine were slow while the producers cut the production of animal feeds. Sellers who were keen to close deals negotiated prices slightly despite high output costs.
Wednesday, June 17, 2020
Poor demand drags down China tryptophan prices (week ended Jun 15, 2020)
Tryptophan sales remained sluggish with as hog feed producers limited output while the hog market stayed soft. Producers and traders were compelled to cut prices in order to move sales.
Wednesday, June 17, 2020
China Methionine: Prices weaken further (week ended Jun 15, 2020)
As poultry farming suffered losses, sales of poultry feed were sluggish, hence limiting the demand for methionine. With production adequate, methionine market was under pressure during the week in review.
Wednesday, June 17, 2020
China Lysine Weekly: Weak trend prevails (week ended Jun 15, 2020)
With hog feed production low and soymeal market staying weak, feed producers were not eager to place order for lysine. Supply remained abundant although several producers halted operation for routine plant maintenance.
Wednesday, June 17, 2020
China Soymeal Weekly: Lacklustre demand, weak prices (week ended Jun 15, 2020)
Demand for soymeal remained soft while the sales of hog feed were limited. Meanwhile, new outbreaks of the Wuhan coronavirus in Beijing sparked fears that the second wave of the pandemic might have started in China. Buyers withheld buying a ...
Wednesday, June 17, 2020
Souring trade relations behind Australia's lower beef export forecast to China
Australia's chief commodity forecaster said the country has dropped its beef export forecast to China by 1.5% for the year 2020 / 2021, its biggest purchaser because of poor current trade relations, Reuters reported.
Tuesday, June 16, 2020
USDA reports China fresh purchase of soybeans
On June 15, private exporters reported export sales of 14.3 million bushels of soybeans to China during the 2020/2021 marketing year, USDA reported.
Tuesday, June 16, 2020
China ramps up fresh and frozen meat and seafood inspections after COVID-19 outbreak
Several provinces in China have implemented stricter fresh and frozen meat and seafood inspections, including imported goods, after COVID-19 infections were discovered related to a Beijing food market, Reuters reported.
Tuesday, June 16, 2020
China launches high-protein corn breeding for animal feed
The Chinese Academy of Agricultural Sciences has introduced a scheme to facilitate the breeding of high-protein corn varieties and encourage a positive development of animal husbandry, Xinhua reported.
Thursday, June 11, 2020
China to buildmore swine farms near cities
China reverses previous policies to relocate livestock farms away from urban areas over waste issues as the government focuses on boosting domestic production after the African swine fever (ASF) outbreak decimated its swine herds, Reuters r ...
Thursday, June 11, 2020
China developed African swine fever vaccine proves effective in clinical trials
Xinhua news said an African swine fever (ASF) vaccine developed in China looks to be safe in current clinical trials, a major progress in preventing the livestock disease in future, Reuters reported.
Wednesday, June 10, 2020
China Mengniu Dairy reports sales recovery
China Mengniu Dairy's sales recovered to double-digit growth in April and May compared to the same period last year, after COVID-19 brought losses, sending its shares soaring in Hong Kong on Tuesday, reported South China Morning Post.
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