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China Market
Thursday, April 2, 2020
COVID-19 hits China's sustainable aquaculture
As customers from the US and elsewhere hold off on orders due to COVID-19, China's aquaculture sector suffers damage especially companies that specialise in sustainable aquaculture products because they mostly rely on exports.
Thursday, April 2, 2020
China monitors African swine fever prevention measures
China's agriculture ministry said it will review current measures to prevent the spread of African swine fever (ASF) in the country as it looks to push its swine production to hit its full year target, reported Reuters.
Wednesday, April 1, 2020
China discovers African swine fever among smuggled piglets
China said African swine fever (ASF) was discovered among piglets, which were illegally transported to Inner Mongolia, reported Reuters.
Wednesday, April 1, 2020
China Lysine Weekly: Increased output exerts pressure on market (week ended Mar 30, 2020)
Production of lysine increased as the deliveries of raw ingredients fully recovered. With hog feed consumption slow and the outlook of livestock bleak, feed producers withheld buying as fears of supply shortages subsided.
Tuesday, March 31, 2020
China Methionine: Tightened availability sparks concerns, lifts prices (week ended Mar 30, 2020)
As CJ's plant in Malaysia cut production due to the Wuhan coronavirus pandemic while local producers halted price releases, methionine prices surged amid concerns of supply shortages. Buyers eagerly placed orders to secure supplies although ...
Tuesday, March 31, 2020
China Soymeal Weekly: Prices surge 16% since mid-February (week ended Mar 30, 2020)
In China, prices of soymeal climbed further with crushing volumes shrinking. Since the Chinese New Year holidays ended in mid-February, soymeal prices have surged 16% although feed demand remained weak due to low animal population.
Tuesday, March 31, 2020
China Corn Weekly: Market stays firm on tight availability(week ended Mar 27, 2020)
Buyers were cautious with purchases in the north as corn quality was not up to expectations with moisture content high. However, with supply limited, particularly in the south, corn prices remained firm during the period in review.
Monday, March 30, 2020
China VD3 demand robust amid supply shortage (week ended Mar 30, 2020)
Supply shortages continued to push vitamin D3 prices to rise prominently over the week. As the availability of gelatin was scarce due to production disruption, vitamin D3 producers and traders lifted prices while export demand expanded rapi ...
Monday, March 30, 2020
Demand surges amid speculation VC can fight Wuhan virus (week ended Mar 30, 2020)
Vitamin C prices surged as demand increased tremendously while news spread that a high dose vitamin C may be beneficial in treating and prevention of the Wuhan coronavirus infection. While producers regulated output amid record low prices, ...
Monday, March 30, 2020
China Fishmeal Weekly: Prices strengthen amid falling availability (week ended Mar 27, 2020)
Supplies of fishmeal dwindled with port inventories shrinking to 151,600 tonnes. With demand stable, traders lifted prices in anticipation of limited availability from Peru's fish harvest uncertain.
Monday, March 30, 2020
Angel Yeast sends free masks and protective suits to overseas customers
As the COVID-19 situation continues to deteriorate globally, Angel Yeast has purchased medical masks, N95 masks and protective suits to be donated to its customers around the world.
Monday, March 30, 2020
Zheng Chang implements measures to tackle COVID-19 and better serve its customers
Zheng Chang has made full use of various resources and means to minimise the impact of COVID-19 on its business and has resumed work and production.
Thursday, March 26, 2020
20,000 tonnes of frozen pork to be auctioned from China's state reserves
The China Merchandise Reserve Management Centre said an additional 20,000 tonnes of frozen pork will be auctioned on March 27, 2020, reported Reuters.
Thursday, March 26, 2020
China calls on local governments to store poultry and aquaculture products
The move is aimed at supporting the domestic agriculture sectors, which have been left reeling after the COVID-19 outbreak affected supplies and production, reported Reuters.
Wednesday, March 25, 2020
China-based WH Group reported 32% jump in 2019 profits
The world's biggest producer of pork said the surge in profits was due to record high pork prices in China, which increased its exports from the US and boosted its China sales margins, reported Reuters.
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