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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 ...
Tuesday, March 10, 2020
China Lysine Weekly: Cautious buying holds prices flat (week ended Mar 9, 2020)
Prices of lysine were mostly unchanged as sales of hog feed were slow with animal population limited. Nonetheless, in regions where deliveries recovered at a slow pace, tight availability supported prices to stay firm.
Tuesday, March 10, 2020
Vietnam to import pork from Russia to supplement rising domestic pork prices
The pork comes from Russian-based Miratorg Corporation, as part of the government's measures to battle rising domestic pork prices, reported Vietnam SGGP.
Monday, March 9, 2020
Retail price of chicken in India drops to as low as US$1.35/kg amid coronavirus scare
Prices of chicken in India have drastically dropped as demand fell amid fears of the novel coronavirus. Fears have been aggravated by rumours that the disease can be transmitted through the consumption of chicken.
Monday, March 9, 2020
China vitamin A prices soar on supply shortages (week ended Mar 9, 2020)
Vitamin A prices rose sharply of late as output of local producers remained limited while supplies from a global producer decreased. In some regions, prices surged almost 50% as sellers who have stocks took the opportunity to maximise retur ...
Monday, March 9, 2020
China Soymeal Weekly: Sharp price hikes on tight availability, strong buying interest (week ended Mar 9, 2020)
Buyers stocked inventories of soymeal enthusiastically amid concerns that deliveries might be problematic should the Wuhan virus (Covid-19) outbreak turn for the worse. Hence even as CBOT soy prices stayed flat while feed demand remained sl ...
Monday, March 9, 2020
China Fishmeal Weekly: Prices slide further in slack demand (week ended Mar 6, 2020)
Demand for fishmeal failed to pick up as feed producers were reluctant to stock inventories with the economy outlook staying bleak. Port inventories of fishmeal climbed 5.4% to 147,600 tonnes.
Wednesday, March 4, 2020
India's poultry prices plunge below production cost
The poultry prices in India have declined by a third in the past month due to receding consumer demand amid the coronavirus outbreak.
Wednesday, March 4, 2020
Impossible Foods drops prices on its products sold to US distributors
The company announced a 15% average fall in prices sold to distributors in the United States to make their plant-based meat products more competitively priced to beef, reported Reuters.
Wednesday, March 4, 2020
China Tryptophan prices surge 33% after Chinese New Year (week ended Mar 2, 2020)
Supplies if tryptophan were tight, as Henan Julong Biological Engineering, a major producer, continued to halt operation whereas the production of a new producer in Fujian province, Xiamen Xiangyu, was inconsistent. Consequently, prices con ...
Wednesday, March 4, 2020
China Whey: Prices stable, buyers cautious (week ended Mar 2, 2020)
Whey buyers were cautious with purchases as the outlook of China's economy remained bleak due to the Covid-19 epidemic, which have crushed the food and beverage sector. Traders were reluctant to cut prices with import costs staying high.
Wednesday, March 4, 2020
China Methionine Weekly: Limited availability, strong demand strengthen prices (week ended Mar 2, 2020)
Buyers were eager to secure supplies as deliveries and production were inconsistent due to the Covid-19 epidemic. With backup stocks low, producers lifted prices considerably lately. Market participants reported that price quotes of an impo ...
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