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Recently, the prediction of China becoming a net importer of beef within the year is reported by many media. A number of analysts emphasize the role of substantial increase of demand for beef in domestic market. But BOABC holds a different opinion. We believe the supply and demand in current Chinese |
beef market are relatively low, and the beef production in China is continuously dropping. If domestic demand may increase gradually and then stimulates import, China may become a net receiver of beef in future. If the prediction may come true within the year, the reason is declining export volume due to reducing domestic supply, rather than the substantial increase of demand Since 2005, Chinese brood cow inventory...
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It is reported that Blackstone Group has invested $ 600 million to an agricultural logistic park in Shouguang, Shandong province, China with the purpose of developing a logistic net covering the whole country. Some people worry about the foreign corporation would monopolize Chinese market, but BOABC has a different opinion. In fact, there are many problems in Chinese agricultural products distribution. The constructions of logistics and wholesale markets urgently need investment...
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Chinese beverage industry is rapidly developing in recent years. In 2008, the number of firms in the beverage industry was up to 1433, employing 300,000 people, and the number increased to 1,700 in 2009 and 330,000 people were employed. Meanwhile, the production went up 26%, soaring to 80.86 million tons from 64.15 million tons; the sales revenue increased from 230 billion Yuan to 260 billion Yuan; the total profit rose from 17 billion Yuan to nearly 20 billion Yuan.At the growing stage... |
China¡¯s feed-grade methionine capacity increased 160,000 MT in 2009. A number of methionine projects are planned to be kicked off this year, including Changchun Dacheng Co., Ltd.¡¯s 200,000 MT/year project in Songyuan City of Jilin, Sichuan Hebang Co., Ltd.¡¯s 100,000 MT/year project in Leshan City of Sichuan, Ziguang Tianhua... |
Due to heavy drought in the Southwest this spring and excessive rains in central and southeastern provinces in May, rapeseed yield has dropped considerably this year compared with last year. Despite the government¡¯s raise of rapeseed procurement price, the returns from rapeseed production are estimated to decrease RMB2,000 ~ 3,000/ha. this year from last year... |
The fertilizer industry accomplished fixed asset construction involving RMB7.53 billion investment in April, 16% more than the month before and 21.5% more than the same period of last year.Specifically, completed fixed asset construction involved RMB2.39 billion investment in the nitrogen industry, RMB1.1 billion in the phosphorus...
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At present, forestry departments of Yunnan Province are organizing experts to investigate and evaluate the persistent impact of the drought on biodiversity and wild plants and animals.As to the farmland, areas with sparse forests, karst areas and dry-hot valley in Yunnan Province (except southwest area), wild plants and animals were significantly... |
In March, investment in fixed assets hit 2.49b Yuan, up 18.3%, including 1.65b Yuan in chemical pesticide industry, up 25.9% and 0.85b Yuan in bio-pesticide, up 8.9%. Compared with the previous 2 months, investment in bio-pesticide declined obviously... |
According to website of Ministry of Industry and Information Technology, due to rainy and snowy weather, vegetable price far exceeded consumer price level in 1st quarter. Increasing amplitude of vegetable price was by 47.7% during the 1st quarter, the biggest among all monitored retailing food in supermarkets.Based on statistics from nation... |
Yili Dairy announced an investment play totaling 550,000,000 yuan on May 13th, for the construction of a formula milk powder project in Duerbete Mongolian autonomous county in Heilongjiang Province. The project has an annual output capacity of 45,000 tons of formula milk powder. The duration for the construction of the project is 19 months... |
The South Center of the National Engineering Center of Engineering Plastics was inaugurated in Hangzhou Economic and Technological Development Zone. The center shall set up cooperation relationship with Wahaha and other companies, shall apply the latest anti-bacteria technology in plastic products, for example cap for purified drinking water. Products shall be safer when this technology is introduced... |
From January to April, the railway only transported 488,400 tons of sugar from Yunnan, 105,800 tons less year on year or down 17.81%, the lowest transportation volume of sugar from the province in the recent five years. Over 80% of the cane acreage was affected by the serious draught and the reduction of cane harvest was around...
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Food Additive Production Supervisory Regulations, effective on June 1, stipulate that producers must obtain a permit before production... |
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key words : net receiver of beef,Agricultural Trade Fair,beverage, agricultural wholesale, agricultural logistics, agricultural investment and financing
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The 8th China Agricultural Trade Fair is an event organized by China¡¯s Ministry of Agriculture. It plays an important role in promoting Chinese achievements in rural development, agricultural trade and cooperation and exchange in agricultural field. The 8th China Agricultural Trade Fair will be held on October 18-22, 2010 at Zhengzhou International Convention & Exhibition Center, Henan province. Lately, the chief economist of the Ministry of Agriculture Zhang Yuxiang introduced the fair on a press conference held in Beijing. The fair includes exhibition, sales, meetings, ordering, forums, important events, internet showing, etc. The total displaying area is up...
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In 2007, international wheat price witnessed a sharp growth, but domestic wheat price did not rise as fast as it under the adjustment of grains price controls from the central government. Consequently, global traders purchase grains, including wheat powder, pushing domestic wheat price and CPI on a higher level. In 2008, Chinese government levy 25%-30% export duty upon wheat and wheat powder instead of its tax rebate. In the half year of 2008, international wheat price had a big slump, especially after the global economic recession and the sharp retreat of CPI and PPI in China, causing a great pressure on wheat price...
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In recent years, the rapid development of China¡¯s food manufacturing industry has led to growing demand for palm oil. Before September 2006, palm oil consumption ranked third in all vegetable oil varieties in China, after soybean oil and rapeseed oil. However, it now ranks second, next to soybean oil, as the annual consumption of palm oil accounts for more than 25% of the total consumption of vegetable oil in China. The growing Chinese food manufacturing industry depends mainly on imported palm oil, which has exceeded the import demand of other vegetable oil varieties. China¡¯s current demand for vegetable oil increases by 4-5% and palm oil by 7-8% annually, which exceeds the average growth rate. Between October 2008 and September 2009, China imported 6.12 million tons of palm oil. The import volume is expected to potentially reach 6.5 million tons in this year...
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1.Special Report on China's Corn Seed Market in 2010
2.Special Report on China's Seed Market in 2010
3.Research Report on Application of D70 & D90 in the Market of Formula Milk Powder for Infants in China
4.Research Report of China's Potash Industry, 2010-2020
5.Special Research Report on China's Coffee Beverage Market, 2010
6.Special Research Report on China's Tomato Paste Market |
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Editor£ºJin Xin , Vincent Chang , Freda Guo , Zhao Qian |
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