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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
Chinese meat importer could turn to US beef if China's ban on Australian abattoirs remains
China's recent ban on beef originating from four of Australia's biggest abattoirs has made business difficult for a major Chinese commodities trader.
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.
Tuesday, June 23, 2020
No suspension of Chile salmon exports to China
Chile's National Fisheries Service (SERNAPESCA) and Chinese authorities have confirmed that there will be no restrictions for salmon exports from Chile to China, Fish Information & Services reported.
Monday, June 22, 2020
Tyson US plant not permitted to export poultry to China following COVID-19 infection
A US-based Tyson meat processor has been suspended by China from exporting poultry products to the country after it was hit by the COVID-19 coronavirus, Reuters reported.
Monday, June 22, 2020
Germany still exporting high volumes of pork to China despite COVID-19
China's demand for pork has benefited Germany pig farmers greatly as the sector exported half a million tonnes of pork to the Chinese market in 2019, CGTN reported.
Thursday, June 18, 2020
Cargill says Brazil government's insults to China harmful to Brazil's business interests
Paulo Sousa, Cargill Brazil chief executive said Brazil government officials' insults directed at China will be harmful to Brazil's business interests, especially as China is Brazil's major trading partner, Reuters reported.
Thursday, June 18, 2020
China and Norway say Norwegian salmon not the cause of Beijing market COVID-19 outbreak
Odd Emil Ingebrigtsen, Norwegian fisheries and seafood minister said authorities from China and Norway have jointly agreed that Norwegian salmon is not the cause of the COVID-19 outbreak at a Beijing food market, Reuters reported.
Thursday, June 18, 2020
Meat importers in China concerned over COVID-19 inspection delays at ports
China's meat importers are worried over cargo clearing delays and reduced demand after Tianjin port introduced mandatory COVID-19 inspections for all imported meat and seafood, Reuters reported.
Wednesday, June 17, 2020
China to sell 10,000 tonnes frozen pork from state reserves
On June 18, China will auction 10,000 tonnes of frozen pork from state reserves, the China Merchandise Reserve Management Center announced on Tuesday, Reuters reported.
Wednesday, June 17, 2020
China's hog prices increase 8.5%
According to data from the National Bureau of Statistics on Monday, prices of live pigs in China climbed up 8.5% in early June compared with the past 10 days, reported Xinhua.
Wednesday, June 17, 2020
China VA market under pressure (week ended Jun 15, 2020)
Traders who were eager to clear stocks cut prices of vitamin A500 further, whereas prices of vitamin A 1000 stayed firm on tight availability.
Wednesday, June 17, 2020
China threonine market shows signs of softening (week ended Jun 15, 2020)
Sales of threonine were slow while the producers cut the production of animal feeds. Sellers who were keen to close deals negotiated prices slightly despite high output costs.
Wednesday, June 17, 2020
Poor demand drags down China tryptophan prices (week ended Jun 15, 2020)
Tryptophan sales remained sluggish with as hog feed producers limited output while the hog market stayed soft. Producers and traders were compelled to cut prices in order to move sales.
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