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China Market
Wednesday, July 29, 2020
China VB1 prices approach January lows (week ended Jul 27, 2020)
Prices of vitamin B1 dipped further with supplies exceeding demand.
Wednesday, July 29, 2020
China Tryptophan: Market shows signs of stabilising (week ended Jul 27, 2020)
Tryptophan market showed signs of stabilising as production decreased while producers halt operation for routine maintenance. Moreover, Julong, a major producer, has cut output by 4,000 tonnes, using the excess capacity for other production ...
Tuesday, July 28, 2020
Cattle disease vaccine from EU arrives in Taiwan county
EU's donation of 10,000 vaccine doses to combat lumpy skin disease in cattle arrived in Taiwan's outlying Kinmen County on Wednesday evening, July 22, Focus Taiwan reported.
Tuesday, July 28, 2020
China seeks to sell wheat, rice to tame soaring corn prices
China plans to sell rice and wheat from state reserves to animal feed producers who are struggling with high corn prices, sources familiar with the matter said, Reuters reported.
Tuesday, July 28, 2020
China Lysine Weekly: Producers stand firm amid poor returns (week ended Jul 27, 2020)
Lysine producers, which were barely making ends meet or incurring losses, stood firm on prices even as demand remained flat. Feed producers were prudent in making purchases as hog inventories remained low while the outlook of China's econom ...
Monday, July 27, 2020
China Corn Weekly: Hampered deliveries, firm demand strengthen prices (week ended Jul 24, 2020)
Deliveries of corn were hampered in several regions of China, particularly in the south where floods were serious. With supplies inconsistent and buyers keen to stock inventories amid concerns of scarcity, corn prices surged further.
Monday, July 27, 2020
China's June soybean imports from Brazil hit record high
Data from China's General Administration of Customs showed China's June soybean imports from Brazil rose to a record high following higher demand for the oilseed due to China's steadily recovering swine herds, Reuters reported.
Monday, July 27, 2020
China implements COVID-19 guidelines for meat processing companies
China's National Health Commission (NHC) introduced COVID-19 control guidelines aimed at meat processing companies, which include virus testing for imported livestock and poultry products, Reuters reported.
Monday, July 27, 2020
China Fishmeal Weekly: Weak demand drags down prices by 7% since May (week ended Jul 24, 2020)
Even as the import costs of Peruvian fishmeal increased lately, traders found it difficult to lift prices in China. Demand remained weak as aquaculture in several regions was disrupted by severe floods. Traders who were keen to clear stocks ...
Monday, July 27, 2020
China Soymeal Weekly: Crushers' inventories dwindle rapidly amid strong demand (week ended Jul 27, 2020)
Anticipating soy harvests to be poorer than expected, buyers eagerly stockpiled inventories of soymeal. Inventories of crushers dwindled rapidly over the past two weeks. Some crushers reported that pre-orders were so strong that at least ha ...
Sunday, July 26, 2020
China Xiangtai Food grows hog business in Guangxi
China Xiangtai Food Co., Ltd. has entered into a lease agreement to expand its hog breeding business in Guangxi province through its primary operating subsidiary, Chongqing Penglin Food Co. Ltd., Financial News Media reported.
Tuesday, July 21, 2020
China to release another 10,000 tonnes of frozen pork from state reserves
The China Merchandise Reserve Management Center said on its website that it will sell another 10,000 tonnes of frozen pork from state reserves on July 23, Reuters reported.
Tuesday, July 21, 2020
China Threonine: Prices stay flat; pressure remains (week ended Jul 20, 2020)
Threonine producers were reluctant to lower prices while the costs of corn remained high. Nevertheless with both export and domestic sales sluggish, prices stayed weak despite limited decrease.
Tuesday, July 21, 2020
China Tryptophan: Producers cautious with prices near historic lows (week ended Jul 20, 2020)
Export demand for tryptophan remained slack as the global economy stayed gloomy, prompting overseas buyers to hold back purchases. In China, usages of tryptophan were limited with the population of hog low.
Tuesday, July 21, 2020
China Corn Weekly: Slow, steady price hike (week ended Jul 17 2020)
Tight availability of quality corn continued to push price higher even though overall market supply increased due to the sales of state reserves stocks. As several parts of China experienced severe floods that raised water levels to record ...
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