Sugarcane Producers in Guangxi Region Use Biological Pest Control Measures

Guangxi Zhuang Autonomous Region, China’s biggest producer of sugar, has reduced pesticide use by more than 30 tonnes since 2011 through biological pest control, local authorities said. Guangxi has used an army of Trichogramma chilonis, a kind of wasp, to combat sugarcane borers, in around 3 million mu (200,000 hectares) of low-yield fields over the

Commodity Report: Sugar & Syrups

Overview An estimated 1 million to 2 million metric tons (MTs) of sugar is smuggled into southern China due in part to high domestic sugar prices, high outside tariff-rate quotas, and bureaucratically induced non-tariff barriers that restrict the inflow of legal sugar imports From 2011 to 2015, China’s annual sugar imports skyrocketed from 3 million

China Launches Sugar Commodity Options in Zhengzhou

China’s second commodity options, white sugar options, started trading on Zhengzhou Commodity Exchange Wednesday [19 April 2017]. “Businesses can now use a combination of investment tools including spot contracts, futures contracts, and options to manage risks more effectively,” said Ma Wensheng, chairman of Xinhu Futures, a Shanghai-based futures brokerage firm…Full Article: Xinhua Apr 2017 Key

The Dalian Commodity Exchange Launches New Soymeal Futures Options, Sugar Options Expected Next

Dalian Commodity Exchange launched new soymeal futures options on Friday [31 March 2017] – the first commodity options in China – offering one more hedging tool for investors, as well as soybean processing firms. The exchange is also considering launching futures options for more commodities, such as corn and soybeans, according to Wang Fenghai, managing

COFCO Group to Implement Mixed-Ownership Reforms Including IPOs and ESOPs

Shares of three listed units of State-owned China National Cereals, Oils and Foodstuffs Corp rose sharply on Wednesday [22 February 2017], after the country’s biggest food supplier by volume announced further plans for mixed-ownership reform on Monday. COFCO Biochemical (Anhui) Co Ltd stocks reached their 10 percent daily limit in early trading hours, and settled

Spiking Agricultural Commodity Prices Stir Concern in China

China’s securities regulator has called for tighter oversight of agricultural commodity trading amid concerns that speculation could be driving an unusual surge in prices for staples ranging from garlic and ginger to iron ore and coal. Fang Xinghai, the deputy head of China Securities Regulatory Commission (CSRC), on Saturday said the market should be monitored