Category: Analysis

Retail spending grew by 1.0% year on year in June, following a decline of 0.6% in May. This exceeded forecasts for a decline of 0.1%. Spending at restaurants grew by 1.2%, but spending at large restaurant chains grew by only 0.1%. Spending on groceries continues to grow at a strong pace, up 7.9% year on… Continue reading Retail spending grows in June following decline in May; GDP growth slows

Wheat prices were flat last week in Hubei but rose the week prior to the highest level since May 2024. There continues to be a wide price spread based on quality. Some flour mills are purchasing wheat with 9-10% imperfect grains and 12.5% moisture at 2440 yuan per ton, while prices for wheat that meets… Continue reading Wheat in Hubei shows wide price spreads due to quality issues

In the first half of the year, meat output grew by 4.3% to 50.5 million tons. Pork production was up 3.3% year on year, the fastest rate of growth in H1 since 2022. At the end of June, the hog population was 424.91 million, up only 0.1% year on year. Hog slaughter in the first… Continue reading Meat production exceeded 50.5 MMT in H1, driven by increased pork output

DCE Spreads 2026-07-15Download…   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com   Please login to view this page.

…   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com   Please login to view this page.

…   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com   Please login to view this page.

Large areas of Liaoning, Jilin, and parts of Heilongjiang received heavy rains following Typhoon Bavi hitting the region. 24-hour rainfall totals were up to 140mm (5.5 inches) in some areas of Jilin. Some areas of Liaoning saw over 250mm (9.8 inches), however these tended to be in more mountainous regions in the east of the… Continue reading Heavy rainfall hits large areas of northeast

Soybean imports in June hit 13.6 MMT, up 10% year on year. For the marketing year, imports are now at 76.0 MMT, up 4.8% year on year. June imports were the second-highest monthly imports on record, behind May 2025 at 13.9 million tons. Meat imports, including offal, were 532k tons in June, up 10% compared… Continue reading Soybean imports in June at 13.6 MMT, up 10% y/y

Last week, Brazilian soybean shipments to China rose to 2.4 MMT based on lineup data. Since the start of the year, shipments now total 57.1 MMT, up 4.2% year on year. Argentina also continues to load corn to China, with 92k tons since the start of July. Since April, Argentina has exported 776k tons of… Continue reading Brazil soybean shipments to China rise

The government recently announced a plan to boost consumer spending to 60 trillion yuan by 2030, as part of an effort to increase domestic consumption. The plan is more focused on the service sectors and includes Improve domestic services, including restaurants and hotels Expanding elder care Expanding childcare Develop tourism and cultural tourism Promote healthy… Continue reading Beijing releases Five-Year Plan to boost consumer spending