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China Market
Monday, March 9, 2020
China resumes livestock, poultry farming
Since the Covid-19 outbreak, measures taken by China's related authorities have boosted poultry production and helped firms in accessing feed supplies and finding buyers, stated Han Changfu, Minister of Agriculture and Rural Affairs.
Monday, March 9, 2020
China vitamin A prices soar on supply shortages (week ended Mar 9, 2020)
Vitamin A prices rose sharply of late as output of local producers remained limited while supplies from a global producer decreased. In some regions, prices surged almost 50% as sellers who have stocks took the opportunity to maximise retur ...
Monday, March 9, 2020
China's soybean imports in January and February 2020 increase 14% year-on-year
Data from the General Administration of Customs showed China imported 13.51 million tonnes of soybeans in the first two months of 2020, a 14.2% year-on-year increase, reported Reuters.
Monday, March 9, 2020
China Soymeal Weekly: Sharp price hikes on tight availability, strong buying interest (week ended Mar 9, 2020)
Buyers stocked inventories of soymeal enthusiastically amid concerns that deliveries might be problematic should the Wuhan virus (Covid-19) outbreak turn for the worse. Hence even as CBOT soy prices stayed flat while feed demand remained sl ...
Monday, March 9, 2020
China Fishmeal Weekly: Prices slide further in slack demand (week ended Mar 6, 2020)
Demand for fishmeal failed to pick up as feed producers were reluctant to stock inventories with the economy outlook staying bleak. Port inventories of fishmeal climbed 5.4% to 147,600 tonnes.
Saturday, March 7, 2020
China will hit 2020 grain targets unaffected by COVID-19
China's agriculture officials said the country will achieve its grain targets in 2020 in spite of the COVID-19 outbreak, with swine herd recovery progressing, reported Reuters.
Wednesday, March 4, 2020
Another 20,000 tonnes of frozen pork to be released from China's state reserves
This follows a recent 10,000 tonnes of frozen pork released from state reserves to be channeled to Hubei, reported Reuters.
Wednesday, March 4, 2020
New African swine fever case reported in Hubei, China
China's Agriculture Ministry said a new African swine fever (ASF) case was detected among wild boar in Hubei Province, China, reported Reuters.
Wednesday, March 4, 2020
China Tryptophan prices surge 33% after Chinese New Year (week ended Mar 2, 2020)
Supplies if tryptophan were tight, as Henan Julong Biological Engineering, a major producer, continued to halt operation whereas the production of a new producer in Fujian province, Xiamen Xiangyu, was inconsistent. Consequently, prices con ...
Wednesday, March 4, 2020
China threonine buyers prudent amid bleak economic outlook (week ended Mar 2, 2020)
Deliveries of threonine improved as more workers returned, hence easing the supply shortages to work. Prices stabilized while feed producers held back purchases with the China's economic growth projected to be poor due to the Covid-19 outbr ...
Wednesday, March 4, 2020
China Whey: Prices stable, buyers cautious (week ended Mar 2, 2020)
Whey buyers were cautious with purchases as the outlook of China's economy remained bleak due to the Covid-19 epidemic, which have crushed the food and beverage sector. Traders were reluctant to cut prices with import costs staying high.
Wednesday, March 4, 2020
China Methionine Weekly: Limited availability, strong demand strengthen prices (week ended Mar 2, 2020)
Buyers were eager to secure supplies as deliveries and production were inconsistent due to the Covid-19 epidemic. With backup stocks low, producers lifted prices considerably lately. Market participants reported that price quotes of an impo ...
Tuesday, March 3, 2020
China Lysine Weekly: Market stays firm while production expands (week ended Mar 2, 2020)
Prices were stable to higher. Price quotes of 98.5-percent lysine strengthened in the range of RMB6.80-7.60/kg. Average price increased RMB0.09/kg to RMB7.27/kg
Tuesday, March 3, 2020
China has developed African swine fever vaccine
The Harbin Veterinary Research Institute, China's top animal diseases research body said it has developed an African swine fever (ASF) vaccine that is safe and effective, reported Bloomberg.
Tuesday, March 3, 2020
Covid-19 update: Logistics recover 70% in amino acids markets; tryptophan, methionine availability remains tight(Mar 3, 2020)
Market participants reported that the transportation schedules of feed producers had recovered by about 70% and the supply crunch of raw ingredients had improved substantially.
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