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Rising grain price is going to end
According to BOABC, grain price in China continued to rise in May but is getting slow. There are two factors driving price rise. One is the influence of macro-economy. The other is bad weather condition. Consequently, the expectation to market changed and speculators use the factors to push up price... |
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Incoming foreign milk powder prices surge
China is trying to stabilize commodities price at present. However, some foreign milk powder brands are ready to raise prices again. According to the sellers in supermarkets in Jiamen city, the brands are raising prices are mainly from Australia and New Zealand. The increase could probably reach 30 percent... |
Cotton price jumps 6000/MT within 3 months
In last three months, domestic cotton price continuously jumps. The price dropped from RMB 31228/MT in March 10th to RMB 24552/MT in June 3rd, decreased by 21.4%. Ma Wenfeng, BOABC analyst said compared to last year, the global planting area for cotton increases by 15% in this year. The excess production... |
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Hog price may drop in 2nd half of 2011
Hog price hit a new high of RMB17.64/kg on June 2 in China on average, up 80% on the year-on-year basis.BOABC predicts that hog price may stop running high in July for the following reason:First, meat consumption usually declines in summer with the rise of temperature. Second, consumers tend to cut pork...
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Government to make laws on GMO corn
The State Corn Industry Technology Research Center has recently required seed production enterprises to separate GMO seeds from non-GMO seeds in seed management and use. Meanwhile, the government is preparing to draft GMO crop safety laws. BOABC surmises that the government is going to create... |
Rapeseed oil reserve sold out
China Grain Reserve Corp. procured about 4.079 million MT rapeseeds last year and turned this batch into 1.42 million MT rapeseed oil for state reserve. Since Oct. last year, the government has delivered 1.407 million MT reserved rapeseed oil to the market to stabilize vegoil market price. Now that the stock is near depletion... |
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| | Media Focus more>> |
LONDON--(BUSINESS WIRE)--Market Publishers Ltd and BOABC signed partnership agreement for quality market research promotion on Internet. MarketPublishers.com is now authorized to distribute and sell Beijing Orient Agribusiness Consultant Ltd (BOABC) research reports.
In her comments on the agreement Tanya Rezler, Assistant Manager at Partners Department, noted: “BOABC is a professional consulting firm that specializes in agribusiness consulting service to the food business chain...
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| | Monthly Key Research more>> |
According to the result of the seventh forest resources inventory (2004-2008), there is 195 million hectares of forests, 14.913 billion of living trees accumulate, 13.721 billion cubic meters of forests accumulate, and 20.36% of forest coverage which is far from the average level of 29.6%. Among the existing forests, young-middle-aged forests take up a big percentage, the area and accumulate of which amount...
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