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Friday, August 25, 2023
China VB12: Prices sink to new lows (week ended Aug 21, 2023)
With demand sluggish and supply abundant, prices of vitamin B12 broke new lows over the week.
Wednesday, August 23, 2023
China Soymeal: Prices on track to breaking 2022 highs (week ended Aug 21, 2023)
Over the week, the closing price of CBOT November soy futures rebounded 3.5%.
Tuesday, August 22, 2023
China's soybean imports from US plummet 62% in July, while Brazil surges 32%
China's soybean imports underwent a significant shift in July, as the nation's soybean imports from the US experienced a sharp decline of 62% compared to the previous year, while soybean shipments from Brazil, China's leading soybean suppli ...
Tuesday, August 22, 2023
China to subsidise fertilisers and pesticides used for corn and soybean productions in northern region
China's Ministry of Finance has arranged for a one-time subsidy fund of ¥2.4 billion (US$329.67 million) for fertilisers and pesticides for corn and soybeans grown in the north of the country, state media said on August 21.
Monday, August 21, 2023
Tyson Foods to sell poultry business in China
Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said.
Friday, August 18, 2023
China Lysine: Market strengthens further (week ended Aug 13, 2023)
Soaring soymeal costs stimulated the demand for soymeal. With production limited, lysine producers stood firm on prices.
Friday, August 18, 2023
China VC: Export prices move lower (week ended Aug 13, 2023)
Prices o vitamin C were mainly stable in the domestic market amid slow sales. Nonetheless, export prices moved lower due to the recent depreciation of renminbi.
Thursday, August 17, 2023
China's WH Group predicts 10-20% surge in swine prices
WH Group Ltd, a major Chinese pork processing company, anticipates a surge of 10-20% in swine prices within China during the second half of 2023, compared to the initial six months of the year, underpinned by a strengthening demand dynamic ...
Thursday, August 17, 2023
Overcapacity still a problem for China's pig farming despite recovering hog prices
China's pig farming industry is still dealing with overcapacity even though prices of live hogs have started to rebound, according to an analyst.
Wednesday, August 16, 2023
China raises concerns over crop and animal disease outbreaks in flood-affected regions
As floodwaters recede in rural northern China, warnings of potential crop and animal disease outbreaks emerge alongside the task of restoring drinking water supplies following severe flooding, the worst in over sixty years.
Wednesday, August 16, 2023
China's pork consumption rests on unpredictable economy
Last April, pork consumption in China recovered steadily.
Tuesday, August 15, 2023
China VB1: Weak demand drags down prices (week ended Aug 6, 2023)
Despite decreased output, vitamin B1 market remained soft amid lacklustre demand.
Tuesday, August 15, 2023
China's import of soybeans increases 15% in first seven months of 2023
China imported 62.3 million tonnes of soybeans in the first seven months of 2023, up 15% from a year earlier, customs data showed.
Monday, August 14, 2023
China's pork prices plunge by more than a quarter as economy enters deflation
Chinese pork prices have plummeted by more than a quarter as the world's second largest economy slipped into deflation for the first time in over two years.
Monday, August 14, 2023
Brazilian beef industry players urge accessing new markets outside China
Beef industry executives in Brazil said on August 10 it is paramount that local companies are able to access new markets in order reduce dependence on Chinese import demand.
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