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China Market
Friday, March 20, 2020
African swine fever outbreak reported in wild boar at Hubei, China
China's Ministry of Agriculture and Rural Affairs (MARA) discovered African swine fever (ASF) among seven dead wild boar at the Shennongjia Forestry District in Hubei Province, reported The Epoch Times.
Thursday, March 19, 2020
Additional 20,000 tonnes of frozen pork to be auctioned from China's state reserves
This makes 350,000 tonnes of frozen pork released since December 2019 as China continues to grapple with dwindling domestic pork supplies, reported Reuters.
Thursday, March 19, 2020
China Lysine Weekly: Output shrinks amid ample supply, cautious demand (week ended Mar 16, 2020)
As the availability of lysine were ample with deliveries returning to normal levels, prices remained unchanged. Feed producers held back purchases in view of weak hog feed demand due to low animal population. Meanwhile, Shandong CJ has halt ...
Wednesday, March 18, 2020
China Choline producers cut prices amid lower output costs (week ended Mar 16, 2020)
Choline chloride prices continued to fall as lower raw ingredients costs allowed producers to slash prices to stimulate sales. Demand improved lately with prices softer and the production of aqua feed gaining momentum.
Wednesday, March 18, 2020
Tight China Folic supply, strengthening buying interest (week ended Mar 16, 2020)
Folic acid market strengthened as production was limited, prompting several producers to halt price releases. Demand warmed up while feed producers increased stockpiles amid concerns of supply shortages.
Wednesday, March 18, 2020
China Vitamin K3 prices surge 40%in five weeks (week ended Mar 16, 2020)
Vitamin K3 prices continued to rise for the consecutive fifth week, accumulating a rise of 40% over this period. With the costs of raw ingredients staying strong, producers lifted prices in order to sustain profit margins.
Tuesday, March 17, 2020
China calls for local companies to build swine farms overseas
Local authorities are urged to support qualified domestic companies to raise swine overseas for export back to China in a bid to supplement dwindling domestic pork supplies, reported Reuters.
Tuesday, March 17, 2020
China vitamin B1 supply rises as one producer resumes operation (week ended Mar 16, 2020)
Supplies of vitamin B1 increased as the producer in Wuhan, the epicentre of the coronavirus pandemic, resume operation, albeit with limited production. Consequently, prices softened further from near-historic high levels.
Tuesday, March 17, 2020
China Corn Weekly: Market stays firm(week ended Mar 13, 2020)
Prices of corn remained firm in most regions despite falling considerably in some provinces. Deep processors continued to expand corn inventories, hence lendingsupport to the market. Nonetheless, with livestock feed consumption staying slow ...
Tuesday, March 17, 2020
China Fishmeal Weekly: Mounting inventory holds down prices (week ended Mar 13, 2020)
Port inventories of fishmeal climbed further to 150,500 tonnes, rising 2% compared with the previous week. Although the demand for aqua feed is set to increase with aquaculture population expanding, feed producers were reluctant to build fi ...
Monday, March 16, 2020
Port congestion in China decreases but rates for refrigerated containers rise
A deadlock of refrigerated containers at China's ports have prevented shipments of fresh and frozen food and increased freight rates outside of the country, reported Reuters.
Friday, March 13, 2020
China draws up food safety standards on beef growth hormones
The proposed standards to limit growth hormone residues in beef could be a sign that China will open its market to US beef imports, reported Reuters.
Friday, March 13, 2020
ASF discovered in swine transported to Sichuan, China
China's Ministry of Agriculture and Rural Affairs said African swine fever (ASF) was discovered among illegally transported swine to Sichuan from other provinces, reported Reuters.
Friday, March 13, 2020
Covid-19 update: Operations improve substantially, but weak consumption challenges livestock sector (Mar 11, 2020)
Market participants reported that the logistics in the livestock and feed sectors have mostly recovered and deliveries of feed and livestock products were smooth. With prices rebounding strongly over the past couple of weeks, broiler compan ...
Friday, March 13, 2020
China Animal Health Update (March 2020)
Prevention and control of COVID-19 continued across China in March. While transportation of feed and livestock products had essentially resumed, companies were slow to resume work, and dining in in F&B outlets had not fully opened, lead ...
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