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UPDATE 2-China's Dalian live hog futures slump 10% on debut - Vimarsana News

UPDATE 2-China's Dalian live hog futures slump 10% on debut

* 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 28,290 yuan ($4,376.95) per tonne on Friday versus its 30,680 yuan listing price. Trading volume stood at...

Tyson Foods resumes slaughtering hogs at idled Iowa pork plant - Vimarsana News

Tyson Foods resumes slaughtering hogs at idled Iowa pork plant

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.

Top five China commodities to eye for growth in 2021 - Vimarsana News

Top five China commodities to eye for growth in 2021

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 recovery. Copper should rise the most because of its widespread applications in construction, applia...