Sinowei News and Events

FOCUS
Demand For Grain Persists

This year, the coronavirus pandemic will continue to affect all areas of the economy. Several factors will have a significant impact on the agricultural sector, and grain in particular.

Due to the market’s saturation with money, the increased demand for goods and commodities and rather high prices for grain and oilseeds will remain. Further population growth will support this trend, particularly in Southeast Asia.

FOCUS
Global Trade Faces Container Shortages

There is a sharp increase in rates for different directions by two to five, or even ten times on the market of sea container transportation in communication with China. A number of operators stopped accepting orders for shipments. This new factor is superimposed on the pre-New Year’s demand increase and the pandemic.

FOCUS
COFCO Group, China’s largest food producer and grain trader

At the 3rd CIIE held in Shanghai on November 5-10, COFCO Group, China’s largest food producer and grain trader signed more than $ 10 billion worth purchase contracts.

FOCUS
Crops Exports to China

According to USDA estimates, in 2020/21 MY, China could import 100 million tons of soybeans which is 1.5% more than in the previous season and is a record import. Traditionally, the key suppliers of soybeans to China are Brazil, the USA and Argentina.

FOCUS
Latest China Commodity Imports & Exports

According to USDA, China’s corn imports in the 2020/21 marketing year are estimated at 22 million tons, well above the USDA official forecast of 7 million tons. The rise in corn imports is related to depleted stocks and high domestic prices.

FOCUS
Latest Crops and Meat Market

The US presidential election is coming this week. If Biden wins, the more active international trade and fewer trade wars are expected which could lead to a more efficient distribution of produced goods and resources and, possibly, a softer confrontation between Washington and Beijing.

FOCUS
Impact of the Pandemic on Commodity Markets

Unlike the financial crisis of 2008/2009, when a deep decline in demand (and, accordingly, prices) was observed for all commodities, the impact of the COVID-19 pandemic on the commodity market was different.

FOCUS
Disrupted Supply Chain

Countries began to massively purchase food for the second wave of COVID. Several countries have started purchasing food products. According to Bloomberg, this is being done on fears that the second wave of the coronavirus pandemic could cause global damage to world trade.

Slider
Focus: Sunflower Oil Market

Focus: Sunflower Oil Market

by Dr Natalija Riabko - Head of Commodities, Sinowei FOCUS : Sunflower Oil Market Sunflower oil is gradually conquering the world export markets - over the past 5 seasons, its world consumption increased by 30%. The world consumption in 2020/21 is estimated at 19...

read more
Latest Crops Market

Latest Crops Market

by Dr Natalija Riabko - Head of Commodities, Sinowei Crops Market Over the past few weeks, cereal prices have risen substantially, but the prospect of record production in South America (where harvesting has already begun in some areas) has pushed prices down...

read more
Crop Markets and Trade Trends

Crop Markets and Trade Trends

by Dr Natalija Riabko - Head of Commodities, Sinowei Crops Market Soybeans Active Consumption Reduces Soybean Stocks in 2020/21 The final estimate for the 2020/21 US soybean crop is 4.135 billion bushels, 35 million less than the previous forecast. The decline is due...

read more
en_GBEnglish (UK)