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China Market
Tuesday, January 5, 2021
China to expand area sown with corn this year
China's Minister of Agriculture and Rural Affairs said the country will boost its corn acreage this year, after years of decreasing acreage and in response to a shortfall in the commodity, Reuters reported.
Tuesday, January 5, 2021
Consumers in China prefer domestic meats for fear of COVID-19 contamination
Consumers in China look to domestically produced meats as fears rise over COVID-19 contamination in imported cold chain products, reducing meat imports over the past few months, Global Times China reported.
Tuesday, January 5, 2021
China vitamin B2 market weakens amid plentiful supply
With production volumes high as a new producer competed for market shares, vitamin B2 market was under pressure. Moreover, traders and producers who were tight on cash eagerly cut prices in a bid to close deals.
Tuesday, January 5, 2021
Marubeni opens aqua-feed business in China
Marubeni Corporation announced late last month the start of an aqua-feed manufacturing and sales business in Tianjin, China through Marubeni Nisshin Feed Co., a Marubeni subsidiary (60% owned by Marubeni), the company said in a press statem ...
Tuesday, January 5, 2021
China VE: Tight availability strengthens prices (week ended Jan 4, 2021)
Prices of vitamin E strengthened amid tight availability. Most producers were operating to fulfill previously concluded orders and many halted price releases. More buyers were making price enquiries of late.
Tuesday, January 5, 2021
China VA: Prominent price hikes, buyers eager to buy (week ended Jan 4, 2020)
Several producers halted vitamin A price releases or stopped taking orders while supplies tightened. More feed producers were making price enquiries amid fears of supply crunch with BASF halting production while supplies from local producer ...
Tuesday, January 5, 2021
China Lysine: Prices firm amid high costs, sales limited (week ended Jan 4, 2020)
Lysine producers held prices firm while the costs of corn surged to new highs. However, as most feed producers have stocked inventories to last until February or March, sales slowed lately, hence putting a lid on the prices. Nevertheless, e ...
Tuesday, January 5, 2021
China Soymeal: Further cost surge strengthens prices (week ended Jan 4, 2020)
Over the week, prices of CBOT March soy futures surged another 3.7% to six and a half year high.
Tuesday, January 5, 2021
China's hog prices still high despite official claim that swine inventory is stabilising
Hog prices in China remain high, being close to record-highs posted in 2019, according to analysis by Dimsums' economic analysis.
Monday, January 4, 2021
China Corn: Prices break records as auctions fail to meet demand (week ended Dec 30, 2020)
Shortages of corn in China worsened as the state reserves auctions were insufficient to meet demands. Deep processors were compelled to increase buying prices while the availability of corn in the production region dwindled. Prices rose sha ...
Monday, January 4, 2021
China to release additional meat from state reserves for upcoming Lunar New Year
Gao Feng, a spokesman from China's Ministry of Commerce, said China will release more meat from state reserves to increase domestic meat supply in preparation for the the upcoming rise in meat consumption during the Lunar New Year holidays, ...
Monday, January 4, 2021
Restaurants in Taiwan under pressure to raise prices due to potential, increased cost of locally-produced pork
Restaurants and hotel chains in Taiwan said they are under pressure to increase prices to accommodate the expected higher cost of pork produced in the country.
Tuesday, December 29, 2020
China VA: Prices rebound amid supply concerns (week ended Dec 28, 2020)
Prices of VA1000 increased prominently as production of BASF during H1 2021 is expected to be limited due to plant upgrading. Additionally, vitamin A producers in China halted price releases while production was disrupted by the severe powe ...
Tuesday, December 29, 2020
China VB1: National blackout tightens supply, strengthens prices (week ended Dec 21, 2020)
Supplies of vitamin B1 shrank as China's worst power crunch in decades hit Jiangsu, causing producers to halt price releases amid limited stocks. Prices climbed significantly over the past week as a result.
Tuesday, December 29, 2020
China Methionine: Frim demand, decreased output underpin prices (week ended Dec 28, 2020)
Demand for methionine was firm as feed producers placed orders until February or even March. However, with poultry feed sales lower than expected, feed producers were prudent with purchasing volumes. Supplies remained ample although Unisple ...
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