Translation

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The high cost of domestic ****seed, which is still a loss of squeezing profits, showing that imports of ****seed obvious advantages, its low-priced vegetable oil is still on the domestic market caused by a larger impact.
Therefore, to promote early implementation of the policy has always been a quiet low-key posture vegetable oil change dramatically soared.

In addition, from fundamental point of view, the State Reserve policy has been demonstrated to promote oil refinery strong enthusiasm, but also to make the processing ****seed concentrate, so that a large supply of ****seed meal, but since the late autumn of aquaculture has been entered with the bottom, Demand will continue to shrink, resulting in a serious dregs inventory backlog is currently at 1750 yuan / ton of ****seed meal deal have been sluggish performance, which are quite strong oil plant oil meal abandoned the strategy, fundamentals stronger in the soybean oil and palm oil to make vegetable oil futures strengthened.

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Yesterday, the "Daily Economic News" reporter learned from China Oil Web, November 15, my own country from Canada and other countries ban imports of ****seed containing black shank.

It is understood that this move is almost equivalent to China's ban on imports of Canadian canola.

Analysts believe that the state has adopted this policy is intended to control the import market or to gradually ease the domestic oil market pressures.


According to China Oil news report yesterday, the Chinese authorities have officially informed the Canadian and other countries, in the November 15 after the ****seed exports to China should not contain toxic virus - black shank.

Meanwhile, the demand of imports of ****seed enterprise must have a certificate issued by the exporting country the government does not contain this virus file before importing.


It is reported that Canada's ****seed origin is difficult to effectively eliminate the black shank of this virus, even if the Canadian authorities have taken strict control measures, the disease each year in the country's ****seed resulted in more than 300 million U.S. dollars loss.

Therefore, the constraint is almost equivalent to that China will ban imports of Canadian canola.

"Chinese Oil Network" Kuo Ching-editor Paul told our reporter to monitor the situation from the market point of view, 9 ~ October acquisition of China's oil refinery have been gradually transferred to the fall of domestic oil market, a smaller volume of imports of ****seed, it is expected that the measures on the domestic market little effect.

But he warns that the current domestic oil market bullish frequent Before this there was suggested that to raise import tariffs on soybeans and other oilseeds, the country would very likely the true intention is to gradually control the import market to alleviate the domestic oil market pressures.



B As early as April 24 this year, the Ministry of Commerce has issued "soybean, ****seed imports of early-warning communication," is expected in April of ****seed imports more than 270 thousand tons, an increase of more than 1.8 times; first four months of total import about 900,000 tons , an increase of nearly 1.2-fold, the highest volume of imports.
The Ministry of Commerce to remind the relevant enterprises to increase imports of risk prevention, appropriately adjust the pace of imports.



October 21, the Ministry of Agriculture recently released "in September oil cooking oil market monitoring information" shows that a ~ August, China's total import of edible oil seeds 32.14 million tons, up by 26.9%, of which 2.2 million tons of ****seed, an increase of 2.6 times, of which 97.3% from Canada.

Meanwhile, in September, the international oil and edible oil prices fell again, the Canadian ****seed CNF price (FOB price shipping) 453 U.S. dollars / ton, the chain fell 7.0% year on year drop of 17.9%.


On the other hand, the Government has actively introduced to support the domestic oil processing enterprise.

June 17, China issued by the Ministry of Finance and other departments, "the domestic oil processing enterprises purchasing and processing of ****seed in 2009 of domestic subsidies, management practices," said that in order to mobilize the enthusiasm of domestic oil processing enterprises, the central government according to the actual acquisition of ****seed business volume per pounds 0.10 yuan / jin, standards, providing a one-time fixed cost of subsidies

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October 21, the Ministry of Agriculture recently released "in September oil cooking oil market monitoring information" shows that a ~ August, China's total import of edible oil seeds 32.14 million tons, up by 26.9%, of which 2.2 million tons of ****seed, an increase of 2.6 times, of which 97.3% from Canada.

Meanwhile, in September, the international oil and edible oil prices fell again, the Canadian ****seed CNF price of 453 U.S. dollars / ton, the chain fell 7.0% year on year drop of 17.9%.


On the other hand, the Government has actively introduced to support the domestic oil processing enterprise.

June 17, China issued by the Ministry of Finance and other departments, "the domestic oil processing enterprises purchasing and processing of ****seed in 2009 of domestic subsidies, management practices," said that in order to mobilize the enthusiasm of domestic oil processing enterprises, the central government according to the actual acquisition of ****seed business volume per pounds 0.10 yuan / jin, standards, providing a one-time fixed cost of subsidies.

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As early as April 24 this year, the Ministry of Commerce has issued "soybean, ****seed import alert Alert" is expected in April of ****seed imports more than 270 thousand tons year on year increase of more than 1.8 times; first four months of total imports of about 90 million tons nearly 1.2 times as high in imports.

The Ministry of Commerce to remind the relevant enterprises to increase imports of risk prevention to suitably adjust the pace of imports.

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China's imports of ****seed from Canada expected to record high

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China Food Industry Network (at 11:29 on April 10, 2009)
China's imports of ****seed from Canada expected to record high
JoAnne Buth

JoAnne Buth, president of the Canadian Canola Association, told Reuters on Thursday said that in August 2008 -2009 year in July, China's ****seed imports from Canada will be more than 2 million tons, and a record high.


Some traders had previously said that because of China's ****seed purchasing and storage plan pushed up domestic prices, this year's import volume will reach 250-300 million tons.


In the previous 12-month period, Canadian exports to China alone by 70 million tons of ****seed. Buth said he had the highest annual export record for the last century, during the 90's record 190 million tons.


Deputy director of China's State Grain Bureau Zeng Li-ying, said Thursday the government is considering whether to continue for corn, soybeans and ****seed to increase the interim purchasing and storage, the policy is estimated that will soon be introduced.

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Canadian ****seed industry, a request for China to lower import tariffs on ****seed

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China Food Industry Network (at 16:13 on March 26, 2009)

According to the Canadian ****seed Chairman of the Committee, said he would visit China in April to lobby Chinese officials to lower import tariffs on ****seed and ****seed oil.
****seed, Chairman of the Committee, although Canada's current sales of China's ****seed is very strong demand, but when prices close to, the tariff will play a significant role.

At present, China 9% of the ****seed impose import tariffs on soybean tariff is only 3%.

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June 15, 2009
Surge of imports of ****seed canola industry losses in China
Burson-Marsteller

Chinese Ministry of Commerce recently issued "soybean, ****seed import alert Alert", according to Commerce Department reporting system to monitor imports of staple agricultural products is expected in April of ****seed imports more than 270 thousand tons, an increase of more than 1.8-fold.

The first in April imported a total of about 90 million tons, an increase of almost 1.2 times, a record high imports.

The company reported shipping 130,000 tons of ****seed forecast is expected in May remained at a high level of imports.

It is understood that China's current purchase price of ****seed oil plant were generally faced with high raw material prices of ****seed oil has too low an embarrassing situation, China's vegetable oil industry has a loss.
By the financial crisis.
Since last September, vegetable oil prices into the valley began to decline in the price of ****seed, ****seed spot price per ton from 12,000 yuan (RMB, same below) fell to the lowest 7,000 yuan; futures prices from a peak of 13,000 yuan per ton fell to 6,800 yuan.
4 vegetable oil in March last year, the highest price reached 16,500 yuan / ton, but in December last year fell to 6,800 yuan / ton, during the year price reduction of up to 9,700 yuan / ton.

End of the year, China's domestic production of a loss of 5,000-6,000 yuan per ton.

According to China's ****seed network statistics 220 domestic ****seed oil processing enterprises have 208 losses, profits or capital preservation of only 12.

As the international vegetable oil prices, resulting in lower prices of imported ****seed.

In addition, the 2008/2009 annual global ****seed harvest, production reached 5,683 million tons, an increase of 8.4 million tons, setting a historical production of the highest on record.
As China's largest trading nation ****seed, Canada, 2008/2009 ****seed output reached 1,260 million tons, an increase of 3.07 million tons, an increase of 32%.

It is learned that 90% of China's ****seed imports from Canada.
B The recent Canadian ****seed 3,600 yuan / ton about the cost of imported duty-paid basis, converted into ****seed oil estimated at 6,700 yuan / ton to 6,800 yuan / ton, at this price, the company can even make a profit.

More importantly, the alleged import of ****seed oil yield is higher than the domestic.


Since last year, the coastal areas began to shift processing of imported ****seed oil plant.

Nantong Inspection and Quarantine Bureau, according to statistics, in 2008, Nantong Port imported a total of 622.9 thousand tons of ****seed, an increase of 114%, Nantong Port became the country's largest vegetable seed entry ports.

Even in Hunan and other inland cities, some enterprises have also shown interest in importing vegetable seeds, Hunan, a number of large and medium sized enterprises have already turned to the processing of imported ****seed.
Industry estimates, China's imports of ****seed this year's total will reach 200 million tons (1.303 million tons last year).


The industry worried that China's ****seed industry, repeating China's soybean industry in the past. 2004”NCˆö

B In 2004, because soybean prices rose and then fell, coupled with lack of experience on the hedging, the Chinese press companies suffered heavy losses, nearly 70% of enterprises have ceased production, a large number of corporate failures.

At the same time, companies focused on procurement of imported soybeans in the year, the loss of soybean pricing.


At present, China has been growing canola farmers tend to losses.

In order to protect the interests of farmers, last year the Chinese government introduced a 2.2 yuan / jin, the minimum purchase price policy.

However, in the interests of farmers are protected at the same time, domestic and international ****seed spread widening, largely led to the surge in imports of ****seed.


National Grain and Oils Information Center, the latest data show that this year China's ****seed acreage increased by 7.7%, the National ****seed production will reach 1,300 million tons, an increase of 10.2%.

It is reported that the Government does not want to see the "domestic purchasing and storage surge in imports" situation, it will be "slightly higher than the market value" price to carry out purchasing and storage, but the number of purchasing and storage will certainly be larger than last year

[haveapulse]

We need an AGPEC.

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Farmers' harvest production statistics provided to only FARMERS themselves.

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Mendocino (built in 2002, 76,623 dwt) October 1-5 Nikko Yang Hong Kong (Kwangyang, South Korea) DELIVERY. Through Canada's west coast, China has also ship, loaded the Canadian ****seed, rent 18,000 U.S. dollars / day (home for rent Parakou)