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China Market
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 ...
Thursday, March 12, 2020
China to auction additional frozen pork from state reserves
The China Merchandise Reserve Management Centre said an additional 20,000 tonnes of frozen pork from state reserves will be auctioned on March 13, 2020, reported Reuters.
Wednesday, March 11, 2020
China relaxes swine farming environmental requirements
China's environmental ministry has eased environmental registration requirements for the swine industry and lifted a ban on 14,000 areas for swine farming, reported Reuters.
Wednesday, March 11, 2020
China Methionine Prices stay firm as production remains low (week ended Mar 9, 2020)
The availability of methionine remained limited due to low production levels. Producers and traders who had limited stocks to offer lifted prices prominently. Feed millers stayed cautious as the outlook of the broiler sector was uncertain w ...
Tuesday, March 10, 2020
China Lysine Weekly: Cautious buying holds prices flat (week ended Mar 9, 2020)
Prices of lysine were mostly unchanged as sales of hog feed were slow with animal population limited. Nonetheless, in regions where deliveries recovered at a slow pace, tight availability supported prices to stay firm.
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