USDA’s first forecast for 2021/22 shows record global supply driving use higher as recovery from the COVID-19 pandemic continues. Global cotton consumption is expected to grow 3.5 percent to almost 122 million bales, higher than the pre-pandemic 2018/19 level. However, … Continue reading Global cotton consumption is expected to grow 3.5% to 122 million bales
Ghanaian business mogul, Sir Sam Jonah, has described news about China producing its own cocoa as terrible news to Ghana. The Asian country is reported to have exported to Belgium its first batch of cocoa beans weighing 500 kg worth about $3,600. In an article, … Continue reading After destroying Ghana’s cocoa with galamsey, China now produces its own cocoa – Sam Jonah
As Taiwan launches a new campaign to promote its pineapples after China suspended imports of the self-ruled island’s fruit in an apparent attempt to squeeze its economy, Japan has ordered a record number of Taiwanese pineapples. “Japan is among the … Continue reading Taiwanese pineapple sales surge in Japan amidst China’s Taiwan import ban
While global investors worry whether they are well positioned for the return of inflation, the Chinese aren’t concerned. They believe recent experience has identified the kinds of stocks that will be heavy hedges against surges in the cost of living. … Continue reading Why the Chinese love big food even more than big tech
According to EastFruit analysts, in the first two months of 2021, China increased fruit imports by 34% over the same period in 2020 to a record $3.2 billion. Thus, in just two years, fruit imports to China in January-February grew … Continue reading Fruit imports to China breaking records in early 2021. What’s trending?
The grapefruit market is currently in a transition between the northern and southern hemispheres. The Spanish season is coming to an end, as are the Turkish and Israeli campaigns. The demand has been good in many European countries, but many … Continue reading Agric commodity market: Overview of global grapefruit market
China is the largest food consumer and importer with an inexhaustible domestic market. Uzbekistan has already introduced 14 types of fruit and vegetable products to the Chinese market. In the coming years, it plans to obtain permits for the exports … Continue reading Uzbekistan expands range of fruit and vegetable exports to China
After a year of high demand for oranges, fueled by the coronavirus, 2021 has started with slightly less positive market conditions. Prices are under pressure due to the high volumes on the market. Besides Spanish, there are also Turkish, Egyptian … Continue reading Agric commodity market: Overview of global orange market
Pure, golden honey spread on hot buttered toast, spooned over fresh yoghurt or drizzled on a pancake — these are among life’s great culinary delights. As Winnie-the-Pooh sang in Disney’s 2011 film: ‘Oh what a sight, oh what a dream, … Continue reading Your honey messed? How the Chinese factories are now producing more honey than the world’s bees
Diego Twahirwa, a chilli farmer in Rwanda, has been exporting his produce to China since 2019. Although he exports to some European capitals as well, he views China as the steadiest market and he has a growing clientele there. “The … Continue reading Rwandan farmers take advantage of Chinese opportunities
The word “Soy” itself originated as a corruption of the Chinese or Japanese names for soy sauce; yet, soybeans were a crucial crop in East Asia long before written records began. Soybean first arrived in Africa, via Egypt, from China … Continue reading Economic opportunities in the trade of soya
From food to clothing and cosmetics, this Spring Festival, high-quality products from all over the world are being added to Chinese consumers’ shopping lists. Consumption during the holiday has driven the growth of imports from many countries. The fruit business … Continue reading Chinese New Year driving demand for imported fruits
The situation in the global mango market is relatively calm at the moment. The supply is limited, but so is the demand in many countries. This is resulting in a market with “low, but reasonable prices,” as most traders describe … Continue reading Agricultural commodity market: Overview global mango market
The demand for oranges rose sharply this year due to the coronavirus. One would expect that mandarins would also benefit from this higher demand, but that wasn’t the case. In fact, in some countries, such as the US and South … Continue reading Agricultural commodity market: Overview global mandarin market
In September / October, the kaki harvest started again in the Northern Hemisphere. In recent days, the demand has been increasing, so traders have been obtaining good prices for the fruit. Prices are higher than last year almost everywhere, partly … Continue reading Agricultural Commodity Market: Overview global kaki market
China is one of the largest orange suppliers in the world. Production areas are distributed across the country and they produce a wide variety of oranges. Improvements in agricultural technology in recent years as well as a growing awareness of … Continue reading Price of Chinese blood oranges declines by around 20% this year
There are no obstacles currently standing in the way of establishing exports of Ukrainian cherries to the Chinese market. However, the volume of premium quality cherries, which is of utmost interest to Chinese consumers, is extremely limited in Ukraine today. … Continue reading Promising export forecasts for Ukrainian cherries and blueberries to China
How can a country tell that it’s making progress on sustainability? How can it work out, from year to year, whether its environment is improving, along with the economy and well-being? This is incredibly difficult. A successful measure must have … Continue reading A better way for countries to track their progress on sustainability
Ghana’s Ambassador to China, Edward Boateng, has called for tarrif-free entry of Ghana’s cocoa products into the Chinese market. According to the Ambassador, cocoa products from Ghana will soon enjoy zero tariffs on China’s market should everything go as planned. … Continue reading Ghana’s Ambassador to China calls for tariff-free entry of Ghana’s cocoa products into Chinese market
