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China Market
Tuesday, June 30, 2020
China Soymeal Weekly: Market stable, sales limited (week ended Jun 29, 2020)
Soymeal sales were limited as feed producers continued to hold back purchases. This, together with expanding crushers' inventories, put a lid on soymeal prices.
Tuesday, June 30, 2020
China Corn Weekly: High reserves corn prices strengthen spot market (ended Jun 26, 2020)
While the auction prices of state reserves corn were high, the spot corn market strengthened in view of tight availability and firm demand. Corn prices increased at a faster pace as traders who had limited stocks withheld releases.
Tuesday, June 30, 2020
Researchers in China discover new swine flu with pandemic potential
Researchers in China have published a study in US science journal PNAS about the discovery of a new type of swine flu called G4 that could cause a pandemic, AFP reported.
Tuesday, June 30, 2020
China's seafood demand crashes on virus contamination fears
A resurgence in coronavirus infections in Beijing that was traced to imported salmon in a wholesale food market in the capital has plunged China's seafood demand this month, Reuters reported.
Monday, June 29, 2020
Beijing's Xinfadi wholesale beef and lamb market considered extremely high risk area for COVID-19
China's health experts labelled Xinfadi's wholesale beef and lamb market as an extremely high risk area for COVID-19, after 102 cases out of 311 confirmed COVID-19 cases were attributed to the beef and lamb area, China's Global Times report ...
Friday, June 26, 2020
China's soy buyers ask guarantee of coronavirus-free cargoes
Soybean buyers are asking China's exporters to sign a letter assuring their cargoes are not infected with the new coronavirus, US, Brazilian and Canadian soy industry officials stated on Tuesday, Reuters reported.
Thursday, June 25, 2020
China's agriculture ministry approves first domestic GM soybean import for livestock feed use
Two genetically modified (GM) soybean varieties have been approved by China's Ministry of Agriculture and Rural Affairs, including one developed by Beijing Dabeinong Technology Group, the first Chinese engineered soybean approved for import ...
Wednesday, June 24, 2020
More global food exporters to China declare shipments free from COVID-19
Grains and meat exporters from the United States, Brazil and Canada have agreed to or decidingto meetChina's request to declare their shipments to the country free from COVID-19, Reuters reported.
Wednesday, June 24, 2020
China Live Hog Weekly: Prices soar further amid tightening availability (week ended Jun 19, 2020)
Hog availability decreased prominently while demand strengthened with the Dumpling Festival approaching. Prices of hog surged for the fourth consecutive week, up by 4.9% compared with the previous week.
Tuesday, June 23, 2020
Sharp fall in China calcium pantothenate prices (week ended Jun 22, 2020)
Supplies of calcium pantothenate were abundant while high prices continued to dampen buying interest. Consequently, producers who were eager to clear bloating inventories slashed prices prominently of late.
Tuesday, June 23, 2020
China Methionine: Slack poultry feed demand decimates sales (week ended Jun 22, 2020)
Feed producers were reluctant to make purchases while the outlook of poultry markets, particularly that of the egg market, was bleak. With supplies abundant, a handful of seller negotiated prices in efforts to close deals.
Tuesday, June 23, 2020
China Lysine Weekly: Market lacks supportive factors (week ended Jun 22, 2020)
Hog feed demand remained sluggish, hence decimating the sales of lysine together with weak soymeal prices. Producers who were keen to clear piling inventories negotiated prices, albeit slightly despite high output expenses.
Tuesday, June 23, 2020
China Soymeal Weekly: Prices consolidate lower on cautious demand (week ended Jun 22, 2020)
China held its second round of reserves soy auction on June 19. With demand robust, closing prices were high and the 47,579 tonnes offered were fully sold within minutes.
Tuesday, June 23, 2020
China Corn Weekly: Prices stay firm (ended Jun 19, 2020)
As the take up rates and prices of state corn reserves auction remained high, traders held up spot corn prices in anticipation of tight availability.
Tuesday, June 23, 2020
Global food exporters to China told to declare their products free from COVID-19
Three sources told Reuters that China's General Administration of Customs had informed them to sign a declaration confirming their produce entering China is free from COVID-19, Reuters reported.
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