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January 14, 2021
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 ...
January 14, 2021
(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 Gen...
January 12, 2021
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 future...
January 11, 2021
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 o...
January 8, 2021
* Increasing pork output, weak demand to pressure prices - analysts * High margin requirements to reduce contract’s initial hedging use - consultant (Updates with closing prices, comment, charts) SHANGHAI/BEIJING, Jan 8 (Reuters) - China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange, with analysts attributing the sell-off to the contract’s high listing price and expectations of increasing supplies. The front-month September contract closed 12.6% lower at 28,29...
January 8, 2021
* Increasing pork output, weak demand to pressure prices - analysts * High margin requirements to reduce contract’s initial hedging use - consultant (Updates with closing prices, comment, charts) SHANGHAI/BEIJING, Jan 8 (Reuters) - China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange, with analysts attributing the sell-off to the contract’s high listing price and expectations of increasing supplies. The front-month September contract closed 12.6% lower at 28,29...
January 7, 2021
Tyson Foods Inc said it resumed slaughtering hogs at an Iowa meat plant on Wednesday, three weeks after idling the facility because of a mechanical malfunction.
December 29, 2020
4 Min Read SHANGHAI (Reuters) - A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19 roiled global markets in 2020. FILE PHOTO: Trucks are seen at a copper mine of Jiangxi Copper in Dexing, Jiangxi province, China December 16, 2015. REUTERS/Stringer COPPER Iron ore and steel outperformed in 2020 thanks to booming Chinese construction and manufacturing demand, but base metals are set to lead all metals in 2021 as vaccine rollouts spur a global economic ...