China F&A Monthly: June 2020

China’s central government has issued economic rescue packages, making reducing unemployment, ensuring people’s livelihoods, and relieving enterprises’ burden priorities over economic growth targets. To tackle high unemployment issues, the government is encouraging small businesses.

These include street vendors, who have suffered from crackdowns in previous years due to food sanitation issues, industry management, and attempts to improve the city image. Curbing prices of necessities such as pork will continue to be part of the government’s efforts to ensure livelihoods. While the market prices of a number of F&A products are still weak, the overall supply/demand is starting to show some positive signs, with falling prices being stabilized and inventories piled up during lockdown being destocked. However, with rising tensions between the US and China, along with the disruptions to logistics and production in exporting countries, the momentum of China’s strong imports seen in the first five months is expected to slow.

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