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Beer price rise deferred on govt dictat.
The attempt to raise beer price is recently interfered by the NDRC. On 31st March NDRC talked with the four leading breweries in China, Huarun, Tsingdao, Yanjing and Budweiser on beer cost increase. These manufacturers decide to postpone price rise at the critical time of price control in China. Mr Ma Wenfeng... |
Shineway, too large to bankrupt
Shineway Group is a private enterprise successfully transferred from stated-owned, but the incident of Clenbuterol Hydrochloride proves that except larger scale, as a top enterprise, Shineway Group also follows hidden rules in the industry. The corporation never tries to enter in hog breeding sector due to high cost and risk... |
Six dairy enterprises pass re-verification in Jilin province
Affecting by the incidents of Melamine and recycling milk, domestic dairy enterprises’ credit is damaged seriously. Recently, dairy industry projects examine and production license re-verification has finished. The results show that half of dairy enterprises did not pass. Six enterprises passed the first verification... |
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Inadequate state corn procurement predicted
According to the State Grain Bureau, the procurement of corn produced in ten major corn-producing provinces in 2010 totaled 70.865 million MT by March 25, of which 18.513 million MT were procured by state-run companies...
Broiler price rising expected
On April.6, 2011, at broiler wholesale markets of 36 medium-sized and large cities, the average price of broiler’s white meat is RMB13.56/kg, down by 1.50% on the basis of last week. This week broiler chicken factory prices dropped by 0.18%...
Good profit for DAP producers
Sulfur price fluctuated between RMB1, 200/MT and RMB1, 500/MT in the first quarter of this year, up 15% over late 2010. Meanwhile, phosphorite and synthetic ammonium price moved up. Moreover, water and power supply was strained...
Price drop in wheat & paddy auction in March
China’s nominal grain price index rose 0.13% in March over the month before but dropped 0.91% on the year-on-year basis. Adjusting for currency value change, the index dropped 1.52% from the month before and 2.52% on the year-on-year basis
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| | Focus more>> |
After seven consecutive years of increased food production, Chinese farmers intend to increase the area of grain fields by 1.2 percent from the 2010 level, according to a national planting intention survey released by the Ministry of Agriculture...
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| | Monthly Key Research more>> |
In 2010, the economy continued its rapid growth guided by the stimulating growth policy of the government. Import and export trade restored to the highest level in history and the grain and agricultural production had another bumper harvest; on the other hand, the negative impact of loose monetary policy was on full display, resource materials prices went up and the imported inflation from external economies made domestic...
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Under the loose monetary policy of the central bank since 2009, in early 2010 the money supply of China exceeded 60 trillion, more than the U.S. money supply of 55 trillion. China became the world's largest country in money supply. As of October 2010, the total money supply in China exceeded 80 trillion...
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