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Friday, July 17, 2020
Danone invests US$114 million to strengthen Specialised Nutrition unit in China
French dairy giant Danone on Thursday, July 16, announced a series of investments in China to strengthen its local market capabilities, particularly its Specialised Nutrition business in the country.
Friday, July 17, 2020
China releases 17,000 tonnes of pork reserves
China released 17,000 tonnes of frozen pork from its central reserves Wednesday to increase market supply and stabilise prices, the Ministry of Commerce (MOC) said, Xinhua reported.
Friday, July 17, 2020
Brazil pork and chicken exports surge thanks to demand from China
ABPA, a Brazilian lobby group representing pork and chicken suppliers said production and exports are set to increase, led by demand from China despite COVID-19 pandemic, Reuters reported.
Friday, July 17, 2020
China's pork production drops for seventh consecutive quarter
Pork output in China dropped in the April – June period, the seventh time in a row as the country continues to grapple the African swine fever outbreak that decimated its massive swine herd, Reuters reported.
Thursday, July 16, 2020
China's June soybean imports jump 71% on-year
Soybean imports of China hit a record high in June, jumping 71% on-year, according to customs data on Tuesday, as a flurry of cargoes arrived from top supplier Brazil, Reuters reported.
Thursday, July 16, 2020
China releases 17,000 tonnes of pork reserves
China released 17,000 tonnes of frozen pork from its central reserves Wednesday to increase market supply and stabilise prices, the Ministry of Commerce (MOC) said, Xinhua reported.
Thursday, July 16, 2020
China's January-June meat imports soar 73.5%
In the first six months of 2020, China imported 4.75 million tonnes of meat including offal, up 73.5% on the same period from last year, according to customs data on Tuesday, Reuters reported.
Wednesday, July 15, 2020
China meat imports increased 73.5% in first half of 2020
China's General Administration of Customs data showed China imported 4.75 million tonnes of meat (including offal) between January to June 2020, a 73.5% year-on-year increase, Reuters reported.
Wednesday, July 15, 2020
China Live Hog Weekly: 30% price surge in six weeks amid scarce supply (week ended Jul 10, 2020)
Although the demand for pork weakened as summer holidays began, prices of hog surged almost 4% amid dwindling availability. Worsening the situation, severe floods in several regions impeded the delivery of hogs.
Wednesday, July 15, 2020
US trade group questions China's decision to suspend import of Ecuadorian shrimp
US industry trade group National Fisheries Institute (NFI) has questioned China's recent move to suspend imports and order recalls of frozen shrimp from three Ecuadorian companies.
Wednesday, July 15, 2020
China's tight pork supply to improve by fourth quarter
According to an official at China's Ministry of Agriculture and Rural Affairs on Monday, the construction of pig farms and rapid replenishing of supplies will aid tight pork stocks from the fourth quarter, Reuters reported.
Wednesday, July 15, 2020
Sinograin probes corn quality in northeastern China
Sinograin is investigating the corn quality in one of its warehouses in northeastern China, after a video showed that the site was full of mouldy, low-grade corn, China's state grain stockpiler said Sunday, Reuters reported.
Tuesday, July 14, 2020
China Methionine: Prices slide amid sluggish demand (week ended Jul 13, 2020)
Methionine market stayed weak as overseas buyers continued to hold back purchases with the global economy in a bad shape. Locally, poultry feed producers were cautious in making purchases while demand showed no signs of improving.
Tuesday, July 14, 2020
China Corn Weekly: Prices stay at five-year highs (week ended Jul 10, 2020)
More corn supplies from the state reserves auctions were available in the market, hence fulfilling and demand from deep processing industry to a certain extent. However, supplies remained tight, prompting several deep processors to halt ope ...
Tuesday, July 14, 2020
China Fishmeal Weekly: Prices flat despite dwindling supply (week ended Jul 11, 2020)
Despite dwindling supplies of fishmeal with port inventories falling to 102,100 tonnes, prices remained soft. A handful of traders who were keen to clear stocks gave slight discounts to entice buyers.
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