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China Market
Wednesday, May 19, 2021
China Calcium Phosphate: Market softens on lacklustre demand (week ended May 17, 2021)
Lacklustre poultry feed demand decimated the sales of calcium phosphate. Producers who attempted to clear mounting stockpiles cut prices.
Wednesday, May 19, 2021
China Youran Dairy Group looks to raise US$800 million in Hong Kong IPO
China Youran Dairy Group looks to raise US$800 million in its Hong Kong initial public offering (IPO), according to two sources, as the group looks to expand its breeding herd and ramp up feed and raw milk production, Reuters reported.
Tuesday, May 18, 2021
China AA Broiler: High costs sustain prices; chick demand slow (week ended May 17, 2021)
With the feed costs staying high, AA broiler farmers, which were incurring losses, were reluctant to cut prices further. Prices of AA broiler were mainly stable.
Tuesday, May 18, 2021
China Hog: Prices tumble 41% since January (week ended May 10, 2021)
As pork demand stays weak, slaughterhouses were reluctant to stockpile inventories. Prices of hog dropped substantially with supply exceeding demand. Since January, hog prices have plummeted 41%
Tuesday, May 18, 2021
China Soymeal: Market strengthens on high import costs, lower projected production (week ended May 17, 2021)
China's Agricultural Department projected soy planting acreage to shrink by 5.4% in 2021, decreasing soy production by 4.8% to 18.65 million tonnes. This, together with high import costs of US soy, lifted prices of soymeal substantially.
Tuesday, May 18, 2021
China Corn: Market stable but lacks momentum (week ended May 17, 2021)
Limited availability underpinned prices of corn. Nonetheless, as traders attempted to clear inventories in preparation for the stocking of newly harvested wheat, prices stayed flat over the week.
Tuesday, May 18, 2021
China's pork production up 20% from 2020
China's pork production is expected to reach 50 million tonnes in 2021, up 20% from 2020, and pork prices will continue to drop as a result, according to a research report published by the Rural Development Institute of Chinese Academy of S ...
Wednesday, May 12, 2021
China imports most US corn since January despite new feed mix guidelines
The United States Agriculture Department (USDA) said China imported 1.36 million tonnes of corn from the US, matching their seventh biggest ever purchase of US corn even though China issued guidelines to reduce corn and soymeal in swine and ...
Wednesday, May 12, 2021
China's soybean imports up 11% on year in April 2021
China's April soybean imports are up 11% compared to the same month last year as delayed Brazilian shipments of the oilseed arrive, according to data from the General Administration of Customs, Reuters reported.
Tuesday, May 11, 2021
China Lysine: Substantial price dip (week ended May 10, 2021)
A weak hog market, coupled with slow lysine usages, prompted feed producers to withhold purchases. Lysine producers were compelled to cut prices despite decreased output.
Monday, May 10, 2021
Meat imports in China 6.9% higher at 922,000 tonnes
China's General Administration of Customs data showed the country imported 922,000 tonnes of meat in April 2021, 6.9% higher compared to April 2020 as the China continues to face domestic shortages of meat, Reuters reported.
Monday, May 10, 2021
China Methionine: Improved demand, soft prices (week ended May 10, 2021)
More buyers made price enquiries before the May Day holidays but sales remained limited amid cautious mood. Nonetheless, producers stood firm in view of tightening availability.
Monday, May 10, 2021
China Threonine: Producers slash prices to entice buyers (week ended May 10, 2021)
Threonine producers who were eager to close deals slashed prices lately to entice buyers. Buying interest improved as buyers took the opportunity to restock depleting inventories.
Monday, May 10, 2021
China Tryptophan: Sharp prices plunge (week ended May 10, 2021)
Slack sales of tryptophan dragged prices down prominently of late. Even as supplies decreased, producers were under pressure to slash prices to clear bloating inventories.
Monday, May 10, 2021
China Hog: Soft pre-festive demand weakens market (week ended May 3, 2021)
During the week before May Day holidays, demand for hog was weaker than expected as slaughterhouses gradually halted operation. Prices softened with hog availability expanding.
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