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China Market
Tuesday, February 9, 2021
China Whey: Prices surge further on tight supply, firm demand (week ended Feb 8, 2021)
Although the prices of hog dropped lately, expanding inventories of piglet strengthened the sales of whey. Prices increased tremendously with supplies tight and demand robust. Even as the prices of US whey remained stable, soaring freight c ...
Monday, February 8, 2021
Researchers in China discover natural mutation in African swine fever virus
Researchers in China have discovered a natural mutation in the African swine fever (ASF) virus that may be less deadly that the strain that devastated China's swine herds in 2018 and 2019, Reuters reported.
Monday, February 8, 2021
China Niacin: Market stable, sales turn slow (week ended Feb 8, 2021)
Sales of niacin and niacinamide were limited as feed producers were reluctant to stock high inventories. Moreover, entering February, trade decreased due to the preparation for the Chinese New Year holidays.
Monday, February 8, 2021
China Soymeal: Soft pre-festive market (week ended Feb 8, 2021)
Lockdowns in several cities of China resulted in delivery difficulties and a rise in transportation costs, hence curtailing the sales of soy and soymeal. Additionally, pre-Chinese New Year stockpiling gradually ended as most buyers have acc ...
Monday, February 8, 2021
China Corn: Prices climb to new highs despite slow sales (week ended Feb 5, 2021)
Supplies of corn remained limited although farmers released stocks amid fears that grains would decay easily due to the humid climates in the north. Hence, even as sales dwindled while buyers gradually operation in preparation for the upcom ...
Monday, February 8, 2021
Rabobank: Drop in China's pork imports in 2021; flat pork production for Europe
Asia and North and South America are the regions where the world's pork supply will see growth, with Europe expected to experience more challenges, according to Rabobank.
Friday, February 5, 2021
China's feed producers and grain users keep record corn stockpiles
Corn stockpiles held by China's feed producers and commercial grain users have reached multi-year highs over concerns of crop shortages even after a recent corn harvest, Reuters reported.
Friday, February 5, 2021
China buys 130,000 tonnes of US wheat, USDA data shows
The latest data from the US Department of Agriculture (USDA) on January 21 showed that China bought 130,000 tonnes of wheat from the United States in the week ended January 21, doubling the former's purchases made from the previous week.
Thursday, February 4, 2021
China Hog: Prices dip 7% in three weeks (week ended Feb 1, 2021)
Hog producers cleared inventories as the Chinese New Year holidays approached. Meanwhile, slaughterhouses were cautious in stock input as pork demand waned in several regions due to lockdowns resulting from the aggravating coronavirus pande ...
Thursday, February 4, 2021
China AA Broiler: Multi-week rally ends with sharp price dip (week ended Feb 1, 2021)
AA broiler market ended the multi-week rally, which sent price up by 19%, amid softened demand due to the worsening pandemic situation in China. Slaughterhouses limited purchases, hence exerting pressure on the market while the release volu ...
Wednesday, February 3, 2021
China Folic Acid: Supply stays tight, underpins prices (ended Feb 1, 2021)
Supplies of folic acid remained tight, lifting prices higher despite cautious buying.
Wednesday, February 3, 2021
China VC: Prices 1.5 times higher on-year (week ended Feb 1, 2021)
High costs of corn continued to lend support to vitamin C market. With production limited and overseas demand strong, producers lifted prices further, albeit modestly Compared with a year ago, vitamin C raw powder prices have surged 150% fr ...
Tuesday, February 2, 2021
3.5 million tonnes of pork looking for a new home
China's pork import boom has peaked and intense market share competition is just starting.
Monday, February 1, 2021
China Soymeal: High crushing rates, increased soy harvest projection weaken market (week ended Feb 1, 2021)
Over the week, prices of CBOT March soy futures rebounded 4.5% from the previous week's 7% plunge.
Monday, February 1, 2021
China Corn: Prices surge 60% on-year (week ended Jan 29, 2021)
Corn supply remained tight, hence supporting prices to move higher. However, as smaller traders in need of cash before the Chinese New year released stocks, price hikes slowed amid increased availability. Climbing for five consecutive weeks ...
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