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Tuesday, March 24, 2020
China VD3 ingredient shortage fuels price rally (week ended Mar 23, 2020)
As supplies of raw ingredient gelatin were scarce due to the Wuhan virus pandemic, vitamin D3 production shrank significantly. Producers and traders withheld stock releases in view of tightening availability, resulting in soaring prices.
Monday, March 23, 2020
China Corn Weekly: Steady demand holds up prices (week ended Mar 20, 2020)
Supplies of corn tightened as most farmers have released inventories earlier. Meanwhile, demand stayed firm as large grain companies such as Sinograin continued to stock inventories.Hence, even as poultry feed producers limited buying prude ...
Monday, March 23, 2020
China Fishmeal Weekly: High import cost, improved demand underpin prices (week ended Mar 20, 2020)
Demand for fishmeal from the aquaculture sector expanded, lending support to the market. Hence, even a port inventories increased 2.3% to 153,900 tonnes, traders lifted prices amid high import costs.
Monday, March 23, 2020
Strong supply, demand support global dairy prices
The dairy markets worldwide have entered 2020 with strong supply and demand fundamentals, which are supporting global commodity prices.
Monday, March 23, 2020
India's chicken, corn prices crash as COVID-19 takes a toll
Chicken prices in India have crashed from INR90 a kg last month to INR20 in Mumbai as people are staying away from consuming poultry in fear of COVID-19.
Friday, March 20, 2020
Vietnam ministry lists pork in price stabilisation programme
The Ministry of Agriculture and Rural Development in Vietnam has proposed to list pork in the price stabilisation programme as a basis for implementing declaration and controlling price-forming factors.
Thursday, March 19, 2020
Australia's live export cattle price hits record US$4 per kilo
A northern cattle industry veteran's forecast came true this week when a line of feeder steers from Darwin bound for Indonesia sold for a record high of US$4 per kilogramme.
Wednesday, March 18, 2020
Vietnam projects 4.22% inflation in 2020 if pork prices are cut
The Vietnam government said the country's inflation is seen at 4.22% in 2020 if the country is able to drop pork prices, reported Reuters.
Wednesday, March 18, 2020
China Choline producers cut prices amid lower output costs (week ended Mar 16, 2020)
Choline chloride prices continued to fall as lower raw ingredients costs allowed producers to slash prices to stimulate sales. Demand improved lately with prices softer and the production of aqua feed gaining momentum.
Wednesday, March 18, 2020
China Vitamin K3 prices surge 40%in five weeks (week ended Mar 16, 2020)
Vitamin K3 prices continued to rise for the consecutive fifth week, accumulating a rise of 40% over this period. With the costs of raw ingredients staying strong, producers lifted prices in order to sustain profit margins.
Tuesday, March 17, 2020
China Fishmeal Weekly: Mounting inventory holds down prices (week ended Mar 13, 2020)
Port inventories of fishmeal climbed further to 150,500 tonnes, rising 2% compared with the previous week. Although the demand for aqua feed is set to increase with aquaculture population expanding, feed producers were reluctant to build fi ...
Monday, March 16, 2020
Salmon upended: Coronavirus breaks strong early 2020 market momentum, deflates a strong price rally
Strong world demand sustained prices deep into Q1 –but coronavirus deflation is now impacting export markets. Why this year's expected price fall will dent production more than in previous years.
Friday, March 13, 2020
Vietnam to stabilise pork prices
The Ministry of Industry and Trade's import-export department urged trade officers to collaborate with pork export associations and companies overseas to add more pork import sources, reported Vietnam Plus.
Friday, March 13, 2020
US beef prices seen to plummet due to coronavirus
Officially reaching pandemic levels, the social and economic consequences of COVID-19 is piling up including a possible drop in beef prices.
Wednesday, March 11, 2020
China Methionine Prices stay firm as production remains low (week ended Mar 9, 2020)
The availability of methionine remained limited due to low production levels. Producers and traders who had limited stocks to offer lifted prices prominently. Feed millers stayed cautious as the outlook of the broiler sector was uncertain w ...
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