Inner Mongolia Ding Ye Foodstuff Co Ltd, one of the country’s biggest sunflower seed exporters, said it is speeding up its push to go global with the launch of new production lines at home and plans to establish overseas offices in the next two years. The Bayannur-based private company, established in 2013, processes sunflower, pumpkin and calabash seeds and mainly exports to the Middle East and Southeast Asia…Full Article: ECNS.cn Nov 2016
- By 2018, according to the Chairman of Ding Ye Foodstuff, the company plans to have two offices in Spain and Germany and a new factory in Iran. The company currently has offices in Dubai, Iran, and Egypt.
- From September to October 2016, according to the Chairman of Ding Ye Foodstuff, the average export prices for Chinese sunflower seeds fell from CNY 8,500 [~US$1,136] per MT to CNY 7,500 [~US$1,010] per MT.
- From 2010 to 2014, Chinese sunflower seed production increased slightly from 2.29 million MTs to 2.38 million MTs. However, in 2013, production topped 2.42 million MTs.
- Founded in 2013 and headquartered in Bayannur, Inner Mongolia Region, Inner Mongolia Ding Ye Foodstuff is an edible sunflower seed producer that has an annual production capacity of 50,000 MTs (as of 2016). The company also produces pumpkin seeds and calabash (a type of gourd) seeds.
Hong Kong Trends