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China Market
Wednesday, October 21, 2020
Impossible Foods expands to Singapore and Hong Kong grocery stores, possibly entering China
Impossible Foods' plant-based beef burgers will be sold in grocery stores in Singapore and Hong Kong from Oct 20, as it boosts is Asian presence gearing up for possible entry into the mainland China market, Reuters reported.
Wednesday, October 21, 2020
China Soymeal: Strong price surge amid supply concern, rising costs (week ended Oct 19, 2020)
Over the week, prices of CBOT November soy futures increased 2.3%.
Wednesday, October 21, 2020
China Methionine: Market remains quiet (week ended Oct 19, 2020)
Prices of methionine were mainly stable. Demand for poultry feed and hence methionine was limited after the long holidays due to high releases during September. Nevertheless, producers were reluctant to cut prices with profit margins thin.
Tuesday, October 20, 2020
China Corn: Prices unseen since May 2015 (week ended Oct 16, 2020)
Traders stocked inventories of corn eagerly in view of tight availability, hence supporting prices to move higher. Although newly harvested corn was ready for sale, supply was insufficient to meet demand due to low crop production.
Tuesday, October 20, 2020
China Biotin: High prices dampen buying interest (week ended Oct 12, 2020)
High prices of biotin continued to dampen buying interest, compelling producers to cut prices further Transacted prices in China slid to the range of RMB96.50-115/kg.
Monday, October 19, 2020
China's pork production up 18% year-on-year in third quarter
Based on Reuters calculations citing official data, China's pork production in the third quarter of this year increased 18% year-on-year to 8.4 million tonnes, showing signs that swine output is steadily recovering for the world's biggest s ...
Thursday, October 15, 2020
China Niacin: Tight supply hold prices firm (week ended Oct 12, 2020)
Local prices of niacin remained stable while producers limited production. However, export prices moved higher due to the recent appreciation of renminbi.
Thursday, October 15, 2020
China VE: Market stays weak on soft demand (week ended Oct 12, 2020)
Demand for vitamin E was sluggish after the long holidays. Prices were under pressure even though two major producers, NHU and Zhejiang Pharmaceutical, halted price releases with stocks limited since late September.
Thursday, October 15, 2020
China Threonine: Firm export demand, high output costs lift prices (week ended Oct 12, 2020)
Export demand for threonine was robust as global production was limited due to the coronavirus pandemic. Producers, who regulated output, lifted prices further with stocks low.
Thursday, October 15, 2020
China AA Broiler: Prices rebound after 27% plunge (week ended Oct 9, 2020)
AA broiler prices rebounded during early October after plunging 27% in five weeks. Sales were limited, however, as slaughterhouses were mostly on holidays.
Thursday, October 15, 2020
China Hog: Soft post-holiday demand drags down prices (week ended Oct 9, 2020)
Hog demand shrank prominently over the past two weeks as slaughterhouses halted operation during the holidays. Sales of pork carcass in major wholesale centres plummeted over the week by 9.9%, from 6,094 tonnes to 5,490 tonnes. Prices of po ...
Wednesday, October 14, 2020
China imported 834,000 tonnes of meat in September
China's General Administration of Customs said the country imported 834,000 tonnes of meat in September, higher than August's 832,000 tonnes, Reuters reported.
Tuesday, October 13, 2020
Petition calls for stronger measures to control Taiwan's pork imports
A petition has been made, urging for tougher penalties on illegal pork imports entering Taiwan, specialised codes to identify companies using meat containing ractopamine and clear product labeling.
Monday, October 12, 2020
China discovers African swine fever in illegally transported piglets to Chongqing
China's Ministry of Agriculture and Rural Affairs said it had detected African swine fever (ASF) among piglets illegally shipped to Chongqing city, the first ASF outbreak since July 25, Reuters reported.
Wednesday, October 7, 2020
China Whey: Subdued demand weighs down prices (week ended Oct 5, 2020)
Sales of whey softened towards late September as feed producers held back purchases in view of diminished hog population due to the pre-festive releases. Trader cut prices in efforts to move sales before the long holidays.
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