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China Market
Wednesday, July 15, 2020
Sinograin probes corn quality in northeastern China
Sinograin is investigating the corn quality in one of its warehouses in northeastern China, after a video showed that the site was full of mouldy, low-grade corn, China's state grain stockpiler said Sunday, Reuters reported.
Tuesday, July 14, 2020
China Methionine: Prices slide amid sluggish demand (week ended Jul 13, 2020)
Methionine market stayed weak as overseas buyers continued to hold back purchases with the global economy in a bad shape. Locally, poultry feed producers were cautious in making purchases while demand showed no signs of improving.
Tuesday, July 14, 2020
China Corn Weekly: Prices stay at five-year highs (week ended Jul 10, 2020)
More corn supplies from the state reserves auctions were available in the market, hence fulfilling and demand from deep processing industry to a certain extent. However, supplies remained tight, prompting several deep processors to halt ope ...
Tuesday, July 14, 2020
China Fishmeal Weekly: Prices flat despite dwindling supply (week ended Jul 11, 2020)
Despite dwindling supplies of fishmeal with port inventories falling to 102,100 tonnes, prices remained soft. A handful of traders who were keen to clear stocks gave slight discounts to entice buyers.
Monday, July 13, 2020
China's Dalian exchange starts simulated trading for live hog futures
China's Dalian Commodity Exchange (DCE) began simulated trading for its live hog futures contract last Friday as it aims to launch what will be the world's second such contract after lean hog futures in the United States, Reuters reported.
Sunday, July 12, 2020
China makes second-biggest US corn purchase
As China works to fulfil its Phase 1 trade deal obligation to significantly boost US farm product imports, the country booked its second-largest single-day US corn purchase on record, USDA data showed on Friday, Reuters reported.
Saturday, July 11, 2020
China pork prices rise as demand beats supply
Last week, China's pork prices edged up due to a supply shortage and rising pork demand, official data showed Tuesday, CGTN reported.
Friday, July 10, 2020
Decline in China's meat imports to further lift pork prices
Due to tightened measures against coronavirus contamination, China's declining pace of meat imports will provide further support for prices already buoyed by a severe pork shortage, analysts said, Reuters reported.
Thursday, July 9, 2020
China will auction 20,000 tonnes of frozen pork on July 10
The China Merchandise Reserve Management Center said it will auction 20,000 tonnes of frozen pork from the country's state reserves on July 10, Reuters reported.
Thursday, July 9, 2020
High prices dampen China Biotin buying interest (week ended Jul 6, 2020)
Producers continued to lower prices as sales were limited although more overseas buyers made price enquiries. Domestic usages remained slow while feed producers prudently limited production.
Wednesday, July 8, 2020
China to discontinue live poultry sale at markets
Last week, China vowed to gradually phase out the slaughter and sale of live poultry at food markets, as animal rights activists welcomed the decision amid the new coronavirus crisis, Inquirer News reported.
Wednesday, July 8, 2020
China tryptophan prices continue to tumble (week ended Jul 6, 2020)
Export demand for tryptophan was sluggish as the global hog production was hampered by the coronavirus pandemic. Producers and traders who were eager to close deals slashed prices substantially.
Wednesday, July 8, 2020
China Lysine Weekly: Weak trends prevail (week ended Jul 6, 2020)
Sales of hog feed were weak as farmers limited inventories while the African Swine Fever spread in some parts of China. Sluggish lysine demand compelled traders and producers to lower prices while supplies remained plentiful.
Wednesday, July 8, 2020
China Soymeal Weekly: Strong price rebound (week ended Jul 6, 2020)
Prices of soymeal increased as crushers were wary of the surge in the import costs of US soy beans. However, with weekly crushing volumes staying above 2 million tonnes, and the production of feed limited, soymeal inventories of sellers exp ...
Wednesday, July 8, 2020
China Corn Weekly: Market stays firm (week ended Jul 3, 2020)
Corn prices remained strong despite the government's auctioning of reserves corn, as buyers were keen to stock inventories in view of tight availability. However, prices hikes were limited while the usages of corn were limited by slow feed ...
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