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Tuesday, July 28, 2015
China Whey Weekly: Prices stable as traders stand firm (week ended Jul 27, 2015)
Whey market remained under pressure as global dairy price continue to search for a bottom. However, Chinese traders held prices firm in anticipation of stronger demand entering August as sow population recovered.
Wednesday, July 22, 2015
China Whey Weekly: Prices stabilise after hitting multi-year lows (week ended Jul 20, 2015)
After hitting multi-year lows during the previous week, whey prices stabilised as traders, who were suffering losses, were reluctant to lower prices further. Trade was light as feed millers limited purchase while piglet inventories remained ...
Monday, July 13, 2015
China Whey Weekly: Prices show no signs of stabilising (week ended Jul 13, 2015)
Whet demand showed no signs of improving as piglet inventories were limited. Over the week, feed millers withheld purchases while China's stock markets were in turmoil, sparking fears that the country's economic performance would eventually ...
Tuesday, July 7, 2015
China Whey Weekly: Prices plunge 50% in six months (week ended Jul 6, 2015)
A weak global dairy market, in conjunction with abundant availability, dragged down the prices of US whey prices. China whey prices have dropped 18% since early January, averaging RMB5,243/tonne.
Tuesday, June 30, 2015
China Whey Weekly: Prices stable as traders turned prudent (week ended Jun 29, 2015)
Whey traders were more cautious in cutting prices after the recent round of price slash, as import costs of US whey stopped falling. May whey import totalled 38,900 tonnes, higher than April's 35,800 tonnes by almost 9%. Compared with a yea ...
Tuesday, June 23, 2015
China Whey Weekly: Prices approach five-year low (week ended Jun 22, 2015)
Confidence bolstered by the low import costs, Chinese traders continued to cut prices as whey demand was slack amid diminishing piglet inventories. Whey prices have tumbled to levels unseen since August 2010, 17% below early January's recor ...
Tuesday, June 16, 2015
China Whey Weekly: Low piglet population curtails demand (week ended Jun 15, 2015)
FOB prices of US feed-grade remained in the range of US$484/tonne to US$660/tonne. Producers were more cautious in negotiating prices, which have dropped substantially over the past several weeks.
Friday, June 12, 2015
China Whey Weekly: Market weakens further (week ended Jun 8, 2015)
FOB prices of US feed-grade softened to the range of US$484/tonne to US$660/tonne. Producers with higher prices quotes continued to lower prices as competition remained tough with supplies plentiful.
Tuesday, June 2, 2015
China Whey Weekly: Traders cut prices to clear mounting inventories (week ended May 31, 2015)
Whey availability was plentiful as more shipments arrived, resulting in mounting port stocks. Although hog market remained robust, the demand for whey was slack as low piglet numbers limited the sales of feed. Traders were compelled to cut ...
Monday, May 25, 2015
China Whey Weekly: Excess availability drags down prices (week ended May 24, 2015)
FOB prices of US feed-grade were weaker in the range of US$484/tonne to US$693/tonne. Although several buyers restocked depleting inventories of late, overall demand remained slack.
Tuesday, May 19, 2015
China Whey Weekly: Traders under pressure to lower prices (week ended May 17, 2015)
Feed millers withheld the purchases of whey as the piglet population is poised to remain low with sow inventories about 20% below the government's warning level of 48 million head. Moreover, reproduction rates of sows are usually lower duri ...
Monday, May 11, 2015
China Whey Weekly: Prices stay soft on weak demand, ample supplies (week ended May 10, 2015)
Whey prices remained flat with demand slack amid low piglet inventories while supplies were ample. According to custom statistics, China imported 12,780 tonnes of feed-grade whey products in March, surging 94% compared with the previous mon ...
Monday, May 4, 2015
China Whey Weekly: Prices stabilise as traders stand firm (week ended Apr 30, 2015)
Whey traders held prices firm after clearing some stocks over the past weeks. Moreover, another round of strikes started in the western ports of the US, which was likely to disrupt imports to China in the coming period. Demand wise, feed mi ...
Monday, April 27, 2015
China Whey Weekly: Market under pressure (week ended Apr 26, 2015)
Demand for whey remained slow due to low piglet inventories. Most traders, who were incurring losses or making little profits, were reluctant to lower prices. Nonetheless, a handful of them cut prices in efforts to clear stocks while import ...
Monday, April 20, 2015
China Whey Weekly: Prices flat despite recovering hog market (week ended Apr 19, 2015)
Although prices of hog remained firm, livestock producers, who were still in the red books, stayed prudent. Feed producers, who were wary of the low piglet population due to the fall in sow numbers, were reluctant to make purchases. Consequ ...
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