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China's pork output fell in 2020, but recovered sharply from the year before as government support and industry investment helped revive a sector ravaged by disease in 2019, official data showed on Monday. ....
By Reuters Staff 1 Min Read BEIJING, Jan 14 (Reuters) - China’s 2020 crude oil imports totalled 542.39 million tonnes, according to data from the General Administration of Customs on Thursday. China 2020 natural gas imports at 101.66 million tonnes - customs China 2020 refined oil products exports at 61.83 million tonnes - customs China 2020 soybean imports at 100.33 million tonnes - customs China 2020 meat imports at 9.91 million tonnes- customs China 2020 iron ore imports at 1.17 billion tonnes - customs China 2020 coal imports at 303.99 million tonnes - customs China 2020 rare earth exports at 35,448 tonnes - customs China 2020 unwrought aluminium and product exports at 4.86 million tonnes - customs China 2020 unwrought copper imports at 6.68 million tonnes - customs ....
(Adds chart) BEIJING, Jan 14 (Reuters) - China imported 9.91 million tonnes of meat in 2020, customs data showed on Thursday, as the world’s biggest consumer of meat stocked up on proteins after a further plunge in its pork output. Shipments were up 60.4% on the year before and came after China’s output of pork, its staple meat, slumped 19% in the first half. That followed an even bigger drop during 2019 when the fatal pig disease African swine fever ravaged its vast hog herd. China’s General Administration of Customs only began releasing monthly data for all meats combined last year but the 2020 total is believed by industry analysts to be a record. ....
By Reuters Staff 2 Min Read SHANGHAI, Dec 19 (Reuters) - China will accelerate the rollout of futures and options for natural gas, refined oil and peanuts to help price discovery, a senior securities regulator said on Saturday. Fang Xinghai, vice chairman of the China Securities Regulatory Commission, also told a forum in Shenzhen that the country’s planned expansion of its capital markets would require a more sophisticated financial derivative market. “Currently, China’s financial futures and options market is at an early stage of development,” Fang said in a speech that was published by the China Futures Association. “It far lags market participants’ growing needs to manage their risks. It also fails to keep pace with China’s economic development and financial reforms.” ....
By Reuters Staff 2 Min Read BEIJING, Jan 11 (Reuters) - China’s newly launched live hog futures tumbled to reach limit down on their second day of trading on the Dalian Commodity Exchange on expectations that the hog herd size will increase as new farms start up. The front-month September contract closed 8% down at 26,030 yuan/tonne ($4,019.95) on Monday, after falling nearly 13% on its debut on Friday. “The live hog prices are relatively high, and it is the industry consensus to go short on the futures, to hedge, as the market expects pork prices to fall sharply this year,” said Wang Xiaoyang, senior analyst with Sinolink Futures. ....