Corn output jumped to a new record, but soybean output declined for the first time in six years…
Category: Analysis
China to ensure stable electricity supply to fertilizer industry, paving ways for new crop planting
The government continues to be concerned about fertilizer production and the NDRC recently issued more guidance about power availability for fertilizer producers. The notice tells local economic management departments to encourage producers to sign medium- and long-term contracts with their coal suppliers. The volatility in thermal coal over the past quarter was a major contributor… Continue reading China to ensure stable electricity supply to fertilizer industry, paving ways for new crop planting
SNAP ANALYSIS: Cold weather, changing diet could boost China’s 21/22 wheat imports
Here in Shanghai, we’re bundling up since temperatures across most of China have been dipping sharply over the past week. Between November 29and December 1 much of China saw temperatures dropping 6-8 C with much of eastern and northeastern China dropping as much as 12-14 C. These sharp drops in temperatures could affect the winter… Continue reading SNAP ANALYSIS: Cold weather, changing diet could boost China’s 21/22 wheat imports
China soybean cargo purchase slumps as margins drop
Chinese crushers’ weekly cargo-buying volume of soybeans fell sharply this week as softer crush margins in China and sufficient coverage of December shipment dampened demand of the feedstock material. The number of soybean cargoes from US and Brazil booked by Chinese crushers and trading houses tanked to 6-7 cargoes last week, more than halved compared… Continue reading China soybean cargo purchase slumps as margins drop