China F&A Monthly: February 2020

The outbreak of coronavirus in China is disrupting the entire supply chain of all industries, including the food & agribusiness sector. With most affected regions under lockdown, the rest of the country is also imposing various degrees of restrictions on mobility in an effort to contain the virus.

Report summary

As such, there is a general shortage of labor, interruption of logistics, as well as a reduction of demand and supply. Consequently, this is negatively impacting the production, distribution, and inventory levels across the F&A spectrum. While Rabobank’s current assumption is for the virus to be controlled in Q1 2020, the disease will still cause damage to F&A sectors when the economy is already beset with a deceleration of growth, ASF, and trade issues. A prolonged epidemic situation could only further dampen consumer and investor confidence, leaving a more extensive and more structural impact on the F&A chain.

Download previous editions

  • Ping Chew

    Head of RaboResearch Food & Agribusiness - Asia
    Read more
  • Sandy Chen

    Senior Analyst - Dairy
    Read more
  • Chenjun Pan

    Senior Analyst - Animal Protein
    Read more
  • Lief Chiang

    Analyst - Grains & Oilseeds
    Read more
  • Jingyan Sun

    Analyst - Farm Inputs
    Read more
  • Stacie Wan

    Analyst – Supply Chains and Beverages
    Read more
  • Michelle Huang

    Analyst – Consumer Foods
    Read more