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China Market
Wednesday, April 22, 2020
Additional 10,000 tonnes of pork to be auctioned from China's state reserves
The China Merchandise Reserve Management Center said a further 10,000 tonnes of frozen pork will be auctioned from China's state reserves on April 23, 2020, reported Reuters.
Wednesday, April 22, 2020
China pork supplies expected to hit peak prices in September amid low supplies
Low pork supplies projected in the second quarter of the year is expected to push prices to peak levels in September as the country aims to resume domestic swine production affected by African swine fever (ASF), reported Reuters.
Wednesday, April 22, 2020
China Methionine: Market stabilises despite limited availability (week ended Apr 20, 2020)
Tight availability of methionine, resulting from disruption of output globally due to the coronavirus pandemic, continued to lend support to the market. However, poultry producers were cautious in stockpiling inventories of methionine while ...
Wednesday, April 22, 2020
China VB1: No signs of prices stabilising (week ended Apr 20, 2020)
Chinese feed millers were reluctant to stock high inventories of feed ingredients with the sales slow and the country's economy looked set to enter a recession. Under the pressure of ample supplies, producers cut vitamin B1 prices further.
Wednesday, April 22, 2020
China's agriculture sector to rise in next decade
According to a report released on Monday, the transformation and upgrading of China's agriculture will significantly accelerate in the succeeding 10 years.
Wednesday, April 22, 2020
China's vice premier calls on better grain, hog production
In order to secure the stock of food, Vice Premier Hu Chunhua has called for solid efforts to stabilise grain output and restore hog production.
Tuesday, April 21, 2020
China Soymeal Weekly: Market under pressure (week ended Apr 20, 2020)
As China's economy is expected to enter a recession due to the Wuhan coronavirus pandemic, feed producers withheld purchases of soymeal while hog feed consumption was only a fraction of previous years'. Hence, even as crushing volumes were ...
Tuesday, April 21, 2020
China Corn Weekly: Slow yet steady price hikes (week ended Apr 17, 2020)
Corn prices showed no signs of stabilising in China as supplies continued to tighten. Nonetheless, prices hikes were gradual as weak poultry feed demand dampened the confidence of feed producers.
Tuesday, April 21, 2020
China Fishmeal Weekly: Market stays stable amid cautious mood (week ended Apr 17, 2020)
Demand for fishmeal was stable but aqua feed producers stayed prudent with purchases. Traders held prices unchanged while the import costs of Peruvian fishmeal softened of late.
Tuesday, April 21, 2020
China projected to import more soybeans and pork in 2020
Soybean imports projected to reach 92.48 million tonnes in 2020, with pork imports increasing 32.7% from last year to 2.8 million tonnes this year, reported Reuters.
Monday, April 20, 2020
China reports ASF in Jiangsu province
The agriculture ministry of China confirmed on Friday a new case of African swine fever in the eastern province of Jiangsu.
Monday, April 20, 2020
China's agriculture industry faces ASF and COVID-19 challenges this year
An official from the agriculture ministry said the country's farm and market operations will be affected by African swine fever (ASF) and imported COVID-19 cases, reported Reuters.
Thursday, April 16, 2020
China Methionine: Prices rise further with supply tight (week ended Apr 13, 2020)
As the availability of methionine from Southeast Asia remained low while feed producers stocked inventories amid fears of supply shortages, methionine prices continued to rise substantially over the week.
Thursday, April 16, 2020
China Lysine Weekly: Market lacks momentum (week ended Apr 13, 2020)
Supplies of lysine tightened as producers limited output with ingredients costs high and the prospects of global demand remained uncertain due to the Wuhan coronavirus pandemic. Meanwhile, strengthened soymeal prices encouraged the sages of ...
Thursday, April 16, 2020
China Soymeal Weekly: Prices consolidate lower after 14% rally (week ended Apr 13, 2020)
Prices softened lately. Over the week, prices of CBOT July soy futures closed 1.3% higher.
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