cropfarmingprimarycommoditychinae- news...fruit and vegetable occupy 49% of geographical indications...

Crop Farming Primary Commodity China E- News VOL.1 Issue 12, January 5, 2015

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Contents

HeadlineEditor's NotePolicy Dynamics

Revision on grain law draft completedState Council extends two agriculture related tax preferential policiesCentral Government Treasury appropriates government transfer of USD5.56 billion to Agriculture Comprehensive DevelopmentOffice in 2014Four key points at 2014 Central Rural Work ConferenceStability in agriculture, countryside and agricultural produce specified in Central Economic Work ConferenceProgress made by subsidy policy on initial processing facilities for agricultural produce in 2014Focuses in supporting policies for agricultural produce processing sectorOpinions on Guiding the Orderly Circulation of Rural Land-Use Right and Developing Appropriately Scaled Operationsreleased

Company DynamicsChangying Huo holds new general manager position of Starway Bio-technologyCITIC Guoan Wine privately issues 313,807,530 sharesCOFCO Tunhe delists wholly-owned subsidiary located in Xinjiang’s YengisarXinjiang Sayram Modern Agriculture issues private shares of about 59.54 millionJinjian Cereals gains fiscal subsidies of USD3.81 million in Dec. 2014

Crop Farming DynamicsChina’s agricultural product brands: strong regional characteristics and big development differencesThree reasons for increases in grain output in China in 2014Guangxi to establish largest industrial base for Se-enriched agricultural produce in ChinaMid- and low-yield arable land accounts for over 70% in ChinaHigh pass rate of agricultural produce in 2014Soil pollution threatens safety of agricultural produce in ChinaNational Qualified Agricultural Essence Center opens in Beijing

Food Crop Primary Commodity Market DynamicsIncreases seen in both sown area and output of grains in China in 2014Regional comparison of food indexes in China in 2014Sown area of winter wheat declines in Hebei Province in 2014China initiates 2014/2015 temporary corn purchase and storage projectHeilongjiang Province started to implement the China Corn Acquisition and Temporary Storage PolicyAltogether 8 billion kg/a for grain production added in Hebei Province in 1988–2013Shandong Province: output of wheat and corn to increase by over 2 billion kg by 2020China doesn't approve imports of MIR162 corn from SyngentaChina's first corn starch futures listed on 19 Dec., 2014

Industrial Crop Primary Commodity Market DynamicsPlanting area of winter rape sees 20%–30% YoY decline in 2014Rapeseed: change of planting method causes 10% YoY decline in unit output in 2014MOA: guidelines on scientific fertilization for winter rapeTotal output of cotton reaches 6.16 million tonnes in China in 2014

Vegetable and Fruit Crop Primary Commodity Market DynamicsMOA to formulate fruit brand catalogueFruit and vegetable occupy 49% of geographical indications by primary agricultural products in ChinaNingxia Helan County: build permanent vegetable production bases

Other Crop Primary Commodity Market DynamicsLargest tea trading center in northern China built in Shandong’s Qingdao

Natural Disasters DynamicsNATESC finishes overwintering investigations on major pests and diseasesDisasters caused by continual rain in China in autumn 2014Drought hits China in autumn 2014Flood hits China in autumn 2014Disasters caused by typhoon in China in autumn 2014Frost hits China in autumn 2014Heilongjiang's Raohe: over 200 ha of crops stricken by snowfall and fail

Price Dynamics

Crop Farming Primary Commodity China E-News 1412CCM Newsletter

www.cnchemicals.comCopyright Guangzhou CCM Information Science & Technology Co., Ltd.E-mail: [email protected]

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Changes of average prices of major food in 50 cities in China in early Dec. 2014Changes of prices of major production means in circulation in China in early Dec. 2014Output of peanut with new production decreased and its price was highPrice information of China's vegetables market on 1 Dec.-7 Dec. 2014Price information of China’s fruit market on 1 Dec.-7 Dec. 2014Price information of international bulk agricultural produces market on 1 Dec.-7 Dec. 2014Market price of indica rice in China on 24 Dec., 2014Market price of japonica rice in China on 24 Dec., 2014Market price of indica milled rice in China on 24 Dec., 2014Market price of japonica milled rice in China on 24 Dec., 2014Market price of wheat in China on 24 Dec., 2014Market price of bran in China on 24 Dec., 2014Market price of flour in China on 24 Dec., 2014Market price of sorghum in China on 24 Dec., 2014Market price of conventional maize in China on 24 Dec., 2014Market price of corn germ in China on 24 Dec., 2014Market price of soybean in China on 24 Dec., 2014Market price of vigna radiata in China on 24 Dec., 2014Market price of vigna angularis in China on 24 Dec., 2014Market price of potato in China on 24 Dec., 2014Market price of rapeseed in China on 24 Dec., 2014Market price of peanut in China on 24 Dec., 2014Market price of cotton in China on 24 Dec., 2014Market price of cotton linter in China on 24 Dec., 2014Market price of cotton seed in China on 24 Dec., 2014Market price of cotton seed expeller in China on 24 Dec., 2014Market price of sesame in China on 24 Dec., 2014Market price of sugar in China on 24 Dec., 2014

Import & Export DynamicsYoY indexes of exported crop farming commodity in China, Aug. 2014YoY indexes of imported crop farming commodity in China, Aug. 2014Imports of major agricultural produce in China, Nov. 2014Exports of major agricultural produce in China, Nov. 2014Imports and exports of major agricultural produce in China according to category and type, Nov. 2014Imports and exports of major agricultural produce in China according to SITC, Nov. 2014Corn and rice from Myanmar allowed to enter into China in common trading waysTotal value of import and export of agricultural produce witness YoY increase in Guangdong Province in Jan.-Oct. 2014Price up and volume down seen in exports of vegetable in Guangdong Province in Jan.-Oct. 2014Guangdong's imports of edible sugar see YoY decreases in volume and price in Oct. 2014Guangdong's exports of traditional Chinese medicine see sharp YoY increase of 2.1 times in Oct. 2014Guangdong's imports of soybean see YoY increase of 19.2% in Jan.-Oct. 2014Guangdong's imports of cotton see YoY decreases in volume and price in Oct. 2014Fujian's imports of grains see large YoY decreases in Jan.-Oct. 2014Fujian's imports of wheat see YoY decrease of 29.4% in Jan.-Oct. 2014Fujian's exports of vegetable see YoY decrease of 9.2% in Jan.-Oct. 2014Fujian's exports of fruits see increase in volume and price in Jan.-Oct. 2014Shandong's imports of grains see YoY increase of 14.3% in Jan.-Oct. 2014Shandong's imports of soybean see YoY increase of 21.7% in Jan.-Oct. 2014Shandong's exports of vegetable see YoY increase of 6.4% in Jan.-Oct. 2014Shandong's imports of edible sugar witness YoY decrease of 30.8% in Jan.-Oct. 2014Xinjiang’s exports of agricultural produce see increase in volume and price in Jan.-Oct. 2014Xinjiang's exports of ketchup see increase in volume and price in Jan.-Oct. 2014Xinjiang's import volume of licorice sees YoY decrease of 1% in Jan.-Oct. 2014Hebei's import value of agricultural produce sees YoY decrease of 1.5% in Jan.-Oct. 2014Hebei's import volume of soybean sees YoY decrease of 2.2% in Jan.-Oct. 2014Heilongjiang's import volume of grain sees YoY increase of 12.5% in Jan.-Oct. 2014Zhejiang's imports of edible vegetable oil see decrease in volume and price in Jan.-Oct. 2014.Yunnan's export value of agricultural produce sees YoY increase of 20.5% in Jan.-Oct. 2014Hainan's exports of agricultural produce see slight increase in Jan.-Oct. 2014Shanghai's import volume of corn largely decreases in Jan.-Oct. 2014



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Editor's Note

Despite the relatively tight arable land domestically, China still stressed the importance of arable land for grain production. In 2014,

the sown area of grains reached 112.73 million ha, up by 782,700 ha (0.7%) over 2013. Of this, the sown area of cereals (including

corn, paddy, wheat, barley, sorghum, buckwheat and oat) was 94.62 million ha, up by 854,100 ha (0.9%) over 2013.

From 2004 to 2014, China witnessed continuous increases in total grain output for 11 years. In 2014, the total output of grains

amounted to 607.10 million tonnes, up by 5.16 million tonnes (0.9%) over 2013. Specifically, the output of cereals arrived at 557.27

million tonnes, up by 4.58 million tonnes (0.8%) over 2013.

However, the unit output in 2014 was just 5,385 kg/ha, up by 8.4 kg/ha (0.2%) over 2013. In particular, the unit output of cereals was

5,839.40 kg/ha, down by 4.8 kg/ha (0.1%) over 2013.

Note: 1. All tables and figures in this issue are calculated by the same RMB/USD exchange rate (USD1=RMB6.1369);

2. Nuances in some data are mainly caused by rounding principle.



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Policy Dynamics

Revision on grain law draft completed

On 21 Nov., 2014, the Legislative Affairs Office of the State Council of the People's Republic of China released that the National

Development and Reform Commission (NDRC) had revised the new grain law which was drafted in Feb. 2012 for public

comments, and that the NDRC now solicits public opinions on the revised grain law draft.

According to the draft, it is stipulated that the government shall establish complete subsidy and award principles for grain

production, issue price support policy for key grains, set up grain target price system, improve grain price forming mechanism and

raise farmer's incomes from grain production.

State Council extends two agriculture related tax preferential policies

On 3 Dec., 2014, in the State Council executive meeting presided over by Premier Li, Keqiang, two policies which had already

expired, were announced to be extended to 31 Dec., 2016.

- The interest revenue made by financial institutions from small loans (less than USD8,147.44 – RMB50,000) to farmers will be free

from business tax, and only 90% of the interest revenue will be calculated in the payable corporate income tax. This will mobilize the

financial institutions to loan to farmers.

- The premium revenue made by insurance enterprises from crop and husbandry insurance shall enjoy a 10% discount in calculating

payable corporate income tax, so as to expand the insurance cover and service for farmers.

As farmers majorly demand loans from USD8,147.44 (RMB50,000) to USD16,294.87 (RMB100,000), the small loan shall be less

than USD16,294.87 (RMB100,000), instead of the less than USD8,147.44 (RMB50,000) previously defined. Meanwhile, the 3%

discount on business tax payable by county-level financial institutions from insurance shall be extended to the end of 2016. It is

expected that the preferential policies for farmers will continue to work, propelling the development of agriculture and increase the

income of farmers.

The work related to agriculture, rural areas and farmers has been given top priority in government work. It is of great importance to

strengthen food safety, increase farmers' income, quicken structural adjustment and further agricultural modernization through the

improvement of fiscal and tax policies. This will help ease the problems like high costs and risks in agricultural loans, and hardness

for low-income farmers to get loans.



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Central Government Treasury appropriates government transfer of USD5.56 billion toAgriculture Comprehensive Development Office in 2014

The State Agriculture Comprehensive Development Office of the People's Republic of China announced on 1 Dec., 2014 that, by

then the Central Government Treasury had accumulatively appropriated a government transfer of USD5.56 billion (RMB34.10

billion) to the State Agriculture Comprehensive Development Office. The appropriation accounts for 100% of the subsidy budget of

the central government to local governments in the agriculture comprehensive development.

Specifically, USD3.85 billion (RMB23.60 billion) was appropriated for projects of land control, mainly used for the construction of

high standard water-saving and high-efficiency farmlands with guaranteed yields notwithstanding drought or water-logging and with

stable and high yields, speeding up the improvement of the conditions for agricultural production, strengthening the ability to

withstand natural disasters, effectively consolidating and improving the comprehensive agricultural production capacity, so as to

ensure the smooth implementation of the Construction Planning for the State Agriculture Comprehensive Development of High

Standard Farmlands.

Another USD1.19 billion (RMB7.30 billion) was appropriated for projects of industrialized operation, in order to support leading

industrialized enterprises and farmers' cooperatives to develop projects of planting, breeding, processing and circulation

for competitively distinctive agricultural products, to effectively promote the development of agricultural industrialized operation, to

make Chinese agricultural products become more competitive in the market and more able to ensure adequate supplies and to

facilitate both agricultural efficiency growth and growth of income of farmers.

Approximate USD0.52 billion (RMB3.20 billion) was appropriated for other projects of agriculture comprehensive development

projects, to support the agriculture related funds integration of the experimental areas for modern agriculture comprehensive

supporting reform and the construction of modern agricultural park in "Two Major Plains" of Heilongjiang Province, to accelerate the

advancement of the modernization of agriculture, and to facilitate the transformation and upgrading of agriculture and sustainable

development of agriculture. (Remarks: "Two Major Plains" refers to Songnen Plain and Sanjiang Plain, including 51 counties (cities

and districts) of 11 prefecture-level cities of Heilongjiang Province and 114 farms supervised by 9 bureaus in reclamation area of

Heilongjiang Province. The cultivated area of "Two Major Plains" accounts for over 80% of the cultivated area of the whole province.

"Two Major Plains" is also the area where new agricultural business entities are most vibrant.)

Four key points at 2014 Central Rural Work Conference

On 23 Dec., 2014, China concluded a rural work conference in Beijing. Altogether four major points were discussed, including

reform of farming system, reform of the rural land system, agricultural modernization and reform of agricultural produce price.

Therefore, CCM believes that the 2015 No.1 Central Document will further the reform of countryside, agriculture and farmers. Also,

CCM will continue to pay attention.

The Central Rural Work Conference is an annual event for Chinese policymakers to deliberate on and map out rural policies for next

year. Meanwhile, public comments will be solicited at the conference for the next No.1 Central Document.



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Stability in agriculture, countryside and agricultural produce specified in Central EconomicWork Conference

On 11 Dec., 2014, the Central Economic Work Conference was closed. It is specified that China shall lay solid foundation for the

development of agriculture, stabilize the upward trend of rural development, maintain the output of grains and major agricultural

produce and increase the farmers' income continuously.

All of these require China to continue to enlarge the input in agriculture and further to deepen the reform. The Central Economic

Work Conference provides guideline for quickening the transformation on development pattern for agriculture. That is to step into an

intensive development pattern emphasizing the balance of quantity, quality and economic returns, the improvement of

competitiveness, the innovation in agricultural technology and the focus on sustainability.

Progress made by subsidy policy on initial processing facilities for agricultural produce in 2014

On 19 Dec., 2014, the Bureau of Produce Processing, Ministry of Agriculture held a symposium for the implementation of subsidy

policy on the initial processing facilities for agricultural produce.

Accordingly, a central fund of USD97.78 million (RMB600 million) has been allocated in 2014, increasing by USD16.29 million

(RMB100 million) year on year. Altogether 10,525 farming houses and 1,504 special co-operatives were supported for the

construction of 18,000 initial processing facilities covering the storage, preservation and drying of agricultural produce. Statistics

has it that the newly established storage capacities for potato and fruit and vegetable have reached 0.30 million t/a and 0.49 million

t/a respectively. Meanwhile, the drying capacity for fruit and vegetable has been expanded by 0.35 million t/a.



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Focuses in supporting policies for agricultural produce processing sector

On 3 Dec., 2014, the Ministry of Agriculture of the People's Republic of China issued the Notice for Further Promoting the

Implementation of Supporting Policies on Agricultural Produce Processing, stressing the supporting policies on the agricultural

produce processing sector.

1. Fiscal policy covering initial processing in agricultural production areas, agricultural comprehensive development, poverty-

alleviation development, development of modern agriculture, etc.

2. Tax policy including processing value added tax and income tax, import tariff on processing equipment, export tax rebates, etc.

3. Financial policy on support for credit loan, innovation in financial products, fund raising of small- and medium-sized enterprises,

listing of backbone enterprises, etc.

4. Investment policy mainly on grain and oil processing industries.

5. Insurance policy such as subsidy for agricultural insurance premium.

6. Supporting policy on science and technology to encourage the R&D, introduction and promotion of agricultural technology.

7. Preferential policy on the use of land and electricity included in land transfer, etc.

8. Supporting policy for micro-, small- and medium-sized enterprises on tax, employment security fund, small secured loan, etc.

9. Supporting policy for leading enterprises achieving agricultural industrialization.

Opinions on Guiding the Orderly Circulation of Rural Land-Use Right and DevelopingAppropriately Scaled Operations released

On 20 Nov., 2014, the Chinese government released the Opinions on Guiding the Orderly Circulation of Rural Land-Use Right

and Developing Appropriately Scaled Operations.

(1) Guiding ideology. The rural land under the collective ownership shall be adhered to, to separate ownership, contract right and

use right.

(2) Basic principles. It is not allowed to go against the contractors' will, damage the rights and interests of farmers, change the uses

of land, harm the agricultural comprehensive production capacity or the agricultural ecological environment in the process of the

circulation of land-use rights.

(3) Improve the registration system for land contracting and use right. Perfect the contract and the register and issue ownership

certificate.

(4) Promote the confirmation, registration and certificate for land contracting and use right. The confirmation, registration and

certificate for land contracting and use right shall be finished within about five years.

(5) Encourage innovation of land circulation modes. Contractors are encouraged to transfer contracted land through modes

including sub-contract, leasing, exchange, transferring and shareholding in accordance with the law. Under equal conditions,

members of the collective economic organization shall have the priority of land circulation. Land circulation through transferring shall



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be executed among members of the collective economic organization and shall be agreed by the outsourcers. Land circulation

through other means shall be reported to the outsourcers to put on record according to law.

(6) Strictly regulate land circulation. In the case of land contracting and use right belonging to farmers, the contractors shall

independently determine whether to circulate the land, how to confirm the price and how to choose the means of land circulation and

the profits from the circulation shall belong to the contractors. Without the written authorization of the farmers, the rural grassroots

organization has no right to determine the contracting land circulation of farmers by any means. It is not allowed to attract investment

by gathering all the contracted lands of farmers, in the name of adhering to the rule of majority.

(7) Enhance the management and service for land circulation. If lands are circulated to the members of other collective

organizations, or are circulated through collective organization authorized by farmers and are modified and improved with collective

funds, the party outside the collective economic organization shall be charged for using infrastructure and the service for land

circulation management, which will be used for the basic construction of farmlands or other public welfare expenditure.

(8) Reasonably confirm the operation scale of land. Currently, supports shall be given to the party with operation scale of land 10–

15 times larger than the average contracted land of the local farmers, and the party whose farming income equals to the income

from the local secondary and tertiary industries.

(9) Support the large production of grain. Contractors and outsourcers shall negotiate and confirm the ownership of the original

direct grain subsidy, subsidy for improved species and integrated subsidy for agricultural production means. The newly added

subsidy shall give preference to the managing entities of grain production.

(10) Enhance the control of the use of land circulation. It is prohibited to execute illegal non-agricultural construction in the name of

land circulation. Building tourism resort villages, golf courses, villas and private clubs on the circulated farm lands are strictly

prohibited. Digging ponds, planting trees and other actions destroying planting conditions are also strictly forbidden. Destructing,

polluting and occupying the idle farmlands and destroying infrastructure of farmlands are strictly prohibited.

(11) Excerpt the fundamental effects of family operation. Key cultivation shall be provided to family farms that are mainly run by

family members with professional and intensified agricultural production, whose main income are from agriculture. These family

farms shall be enabled to guide the appropriately scaled agricultural operations and drive up the development of modern

agriculture.

(12) Explore new means of collective management.

(13) Accelerate the cooperative management among farmers. Farmers are allowed to develop the industrialized operation of

agriculture by contributing their right to contract and use land.

(14) Encourage the development of modern planting suitable for enterprise management.

(15) Intensify support for new agricultural managing entities.

(16) Enhance the supervision on and risk prevention of contracted lands of farmers leased to industrial and commercial

enterprises.



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(17) Cultivate diversified socialized service organization.

(18) Organize new education and training for professional farmers.

(19) Exert the advantages and effects of supply and marketing cooperatives.

Company Dynamics

Changying Huo holds new general manager position of Starway Bio-technology

On 18 Nov., 2014, Starway Bio-technology Co., Ltd. (Starway Bio-technology) claimed that Yunshou Ye, chairman and general

manager of Starway Bio-technology, ceased the position of general manager because of his work. At present, Yunshou Ye holds

53,866,375 stocks, accounting for 36.54% of the company's total share. Yunshou Ye, as the actual controller, still take charge of the

chairman and the member of board of directors remuneration and appraisal committee, the strategy committee. And Changying

Huo will hold the position of the new general manager of Starway Bio-technology.

CITIC Guoan Wine privately issues 313,807,530 shares

On 20 Dec., 2014, CITIC Guoan Wine Co., Ltd. (CITIC Guoan Wine) claimed that it has issued the non-public new-added

313,807,530 A shares to the specific investors by USD0.78/share (RMB4.78/share). After the stock offering, its raised funds

reached USD244.42 million (RMB1,499 million).

The non-public issuing share listed on 19 Dec., 2014. About USD73.33 million (RMB1,050 million) was for the construction of

marketing scheme, while about USD73.33 million (RMB450 million) was for the repayment of bank borrowings.

There are nine issuing companies, which are CITIC Guoan Investment Co., Ltd., Jiangxi High-tech Industry Development Co., Ltd.,

China Universal Asset Management Co., Ltd., Taikang Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., CCB

Principal Asset Management Co., Ltd., Harvest Fund Management Co., Ltd., GF Securities Asset Management (Guangdong) Co.,

Ltd. and Harvest Capital Management Co., Ltd.

The controlling shareholder and actual controller didn't change after the issuing finished. After the issue, CITIC Guoan Wine still is

the biggest shareholder of the company, with the direct share proportion of 30.74%.

COFCO Tunhe delists wholly-owned subsidiary located in Xinjiang’s Yengisar

On 26 Nov., 2014, COFCO Xinjiang Tunhe Co., Ltd. (COFCO Tunhe) announced that it had delisted its wholly-own subsidiary,

COFCO Tunhe Yengisar Fruit Co., Ltd. (COFCO Tunhe Yengisar) located in Yengisar County, Xinjiang Uygur Autonomous Region.

Accordingly, COFCO Tunhe Yengisar had had no regular operation activities since 2005, and did not obtain any certificates for its

land and buildings according to laws and regulations. Therefore, the People's Government of Yengisar County took back its land

and buildings.

Through this delisting, COFCO aimed to improve the managing efficiency, optimize the resource distribution, lower the operation

costs, and further collect the resources to develop main business.



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Xinjiang Sayram Modern Agriculture issues private shares of about 59.54 million

On 22 Dec., 2014, Xinjiang Sayram Modern Agriculture Co., Ltd. (Xinjiang Sayram Modern Agriculture) announced that it had

issued private shares to directional investors with a price of USD1.42 per share (RMB8.70 per share). The shares were Share A

newly raised, totaling 59,540,229. Xinjiang Sayram Modern Agriculture intended to collect a capital of USD84.41 million (RMB518

million).

Regarding the raised capital, Xinjiang Sayram Modern Agriculture planned to respectively invest USD45.63 million (RMB280

million) into a 1.50 million t/a activated calcium oxide production line, USD24.12 million (RMB148 million) into a technological

reconstruction project of a cotton processing factory and USD14.67 million (RMB90 million) to enrich the capital flow.

Xinjiang Sayram Modern Agriculture makes profits mainly from ginned cotton products. In recent years, the revenue from ginned

cotton products in each year accounted for over 45% of the total. The cotton processing factory's technological reconstruction

project this time is targeted at improving the processing technology for ginned cotton.

Jinjian Cereals gains fiscal subsidies of USD3.81 million in Dec. 2014

In Dec., 2014, Jinjian Cereals Industry Co., Ltd. (Jinjian Cereals) gained 3 subsidies, over USD3 million in total.

As of 4 Dec., Jinjian Cereals got a special supporting fund, namely the Five Supports for Grain & Oil Processing Project of

USD0.29 million (RMB180 million);

As of 16 Dec., Jinjian Cereals obtained a discount fund of USD2.44 million (RMB15 million) from the Support to Agricultural

Industrial Leading Enterprises Project;

As of 19 Dec., Jinjian Cereals got 2 funds, one namely the Award Fund for Resource Conservation Projects of USD0.81 million

(RMB5 million) from Changde Economic Development Zone, the other namely the Award Fund for Environmental Protection

Projects of USD0.25 million (RMB1.56 million).



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Crop Farming Dynamics

China’s agricultural product brands: strong regional characteristics and big developmentdifferences

According to statistics released by the Ministry of Agriculture, the General Administration of Quality Supervision, Inspection and

Quarantine and the State Administration for Industry & Commerce of the People's Republic of China in July 2014, the number of

geographical indications (GIs) by agricultural products totals 2,838, of which 67% are primary agricultural products.

Accordingly, the development of agricultural product brands can be divided into three categories:

1. Regions with advantages in both resources and economy, such as Shandong (358 GIs), Sichuan (244 GIs), Fujian (184 GIs) and

Zhejiang (172 GIs) provinces and the Municipality of Chongqing (100 GIs). Under predominant natural conditions, these regions

present abundant and special agricultural product varieties with large quantities and excellent quality.

2. Regions with moderate resources and economic conditions, or moderately developed regions with complementary resources

and economic conditions, such as Hubei (154 GIs), Henan (121 GIs), Liaoning (118 GIs), Guangdong (110 GIs), Heilongjiang (102

GIs), Hunan (97 GIs), Shaanxi (88 GIs), Jiangsu (82 GIs), Shanxi (82 GIs), Yunnan (82 GIs), Jiangxi (80 GIs), Gansu (76 GIs), Anhui

(66 GIs), Guizhou (66 GIs) and Hebei (61 GIs) provinces, and Guangxi Zhuang (87 GIs) and Inner Mongolia (59 GIs) autonomous

regions. Although some of the regions are underdeveloped, they form specific advantages for the development of agricultural

product brands, thanks to their excellent geographical conditions or historically long humane characteristics.

3. Regions with specifically poor resources or weak economic conditions, such as Xinjiang Uygur (57 GIs), Ningxia Hui (41 GIs),

Tibet (12 GIs) autonomous regions, Jilin (48 GIs), Qinghai (28 GIs), Hainan (14 GIs) provinces, and Beijing (19 GIs), Tianjin (16 GIs)

and Shanghai (14 GIs). Of these, some regions boast developed economy but are poor in agricultural resources, while some are

weak in neither natural resources nor economic conditions.

It can be seen that the development of agricultural product brands should first give full play to the natural resources to develop

regionally specific agricultural products, then introduce funds for the technological innovation, scale expansion, brand promotion and

added-value increase, and finally establish famous, qualified and specific agricultural product brands.

It is noteworthy that of all GIs by agricultural products, 67% are primary agricultural products, followed by primarily processed

agricultural products (24%) and intensively processed agricultural products (9%). Therefore, the development of primary agricultural

product brands can resort to the development of regional brands with GIs by agricultural products at the core.



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Three reasons for increases in grain output in China in 2014

On 5 Dec., 2014, the State Council of the People's Republic of China held a press conference, giving expositions to the grain

production situation in China this year.

Three reasons were stressed for the grain harvesting in 2014:

1. The planting area of autumn grain was expanded by 0.78 million ha (11.65 million mu) from 79.33 million ha (1.19 billion mu). In

particular, the planting area of high-yield corn was increased by 0.76 million ha (11.37 million mu). Thanks to the rising planting area

and structural adjustment, the grain output was driven up by around 5 million tonnes. This partially offset the losses caused by

disasters.

2. The regions not hit by disasters, such as Heilongjiang Province, witnessed distinct increases in output. This largely covered the

losses in stricken areas.

3. The disaster stricken provinces in 2013, including Anhui, Hunan, Guangdong, Guizhou and Zhejiang provinces, saw recovered

rises in output, since the conditions this year bettered.

At the conference, the spokesman from the Ministry of Agriculture of the People's Republic of China (MOA) stated that the MOA

was forwarding the formulation of a sustainable and strategically comprehensive implementation plan to assure the national grain

safety, as China encounters problems in grain production, such as tightening production resources, aggravating ecological

environmental pressure and lessening arable land and water resources.

Guangxi to establish largest industrial base for Se-enriched agricultural produce in China

Since 2012, Guangxi Zhuang Autonomous Region carried out a series of activities concerning the selenium (Se)-enriched

agricultural produce. For instance, its Department of Agriculture of has issued the Development Opinions on Se-enriched

Agricultural Produce in Guangxi Guangxi Zhuang Autonomous Region and the Local Standards on Se-enriched Agricultural

Produce in Guangxi Zhuang Autonomous Region and has established Guangxi Se-enriched Agricultural Produce Association. As

of the end of 2014, the region has set up 46 production demonstration bases for Se-enriched agricultural produce, covering an area

of 2,800 ha (42,000 mu) and including over 30 products like rice, peanut, tea, edible mushrooms, grape, kiwi, vegetable and pitaya.

Specifically in 2013, the total output value of the Se-enriched industry in Guangxi exceeded USD11.90 million (RMB73 million),

increasing by over USD7.82 million (RMB48 million) over that in previous years. It is predicted that the output value will reach

USD32.59 million (RMB200 million) in 2014.

In China, about 72% of population in 22 provinces (regions) lives in Se-deficiency areas. However, Guangxi is rich in selenium

resources. Statistics has it that the Se-enriched land area in only 4 cities (Nanning, Qinzhou, Beihai and Guigang) is up to 2.12

million ha (31.81 million mu). Moreover, the 18 Chinese Longevity Townships in Guangxi have been detected to be Se-existence

areas. Therefore, Guangxi aims to establish the largest industrial base for Se-enriched agricultural produce in China and construct

the China Se-enriched Agricultural Capital within 5 years or so.



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Mid- and low-yield arable land accounts for over 70% in China

On 17 Dec., 2014, the Ministry of Agriculture of the People's Republic of China (MOA) released the Report on the Quality Grade of

the Arable Land in China. The arable land covering an area of 121.73 million ha (1.83 billion mu) are classified into 10 grades:

Grade 1–3 (high yield): 33.20 million ha (498 million mu) and 27.27% of the total. The arable land presents relatively high

productivity, having no obstacle factors as a whole.

Grade 4–6 (mid yield): 54.53 million ha (818 million mu) and 44.80% of the total. With suitable environment and climate conditions,

some solid foundation for infrastructure and not obvious obstacle factors, the arable land plays a role in increasing grain output. By

2020, the newly established comprehensive production capacity will exceed 80 billion kg annual, on the basis that the basic

productivity could be raised by 1 grade on average.

Grade 7–10 (low yield): 34 million ha (510 million mu) and 27.93% of the total. The arable land shows relatively weak productivity

and distinct obstacle factors. In a short term, it cannot be improved basically. It is required to continuously carry out construction

regarding infrastructure and productivity.

Table 1: Basic information on quality grade of arable land in China

GradeArea Proportion,

% Major areasmillionmu

millionha

1 92 6.13 5.04Northeast China, Huang-Huai-Hai region, middle and low reaches of Changjiang River and Southwest China

2 143 9.53 7.83Northeast China, Huang-Huai-Hai region, middle and low reaches of Changjiang River, Southwest China and Gansu-Xinjiangregion




6 225 15 12.32Northeast China, Huang-Huai-Hai region, middle and low reaches of Changjiang River, Southwest China, Inner MongoliaAutonomous Region and areas along the Great Wall

7 189 12.6 10.35Huang-Huai-Hai region, middle and low reaches of Changjiang River, Southwest China, Gansu-Xinjiang region and areas alongthe Great Wall

8 139 9.27 7.61Loess Plateau, middle and low reaches of Changjiang River, Southwest China, Inner Mongolia Autonomous Region and areasalong the Great Wall

9 106 7.07 5.81Loess Plateau, middle and low reaches of Changjiang River, Southwest China, Inner Mongolia Autonomous Region, areas alongthe Great Wall and South China

10 76 5.07 4.16Loess Plateau, middle and low reaches of Changjiang River, Inner Mongolia Autonomous Region, areas along the Great Wall,South China and Huang-Huai-Hai region

Total 1,826 121.73 100/

Source: MOA



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High pass rate of agricultural produce in 2014

On 17 Dec., 2014, the Ministry of Agriculture of the People's Republic of China announced that no big events concerning the quality

safety of agricultural produce has happened throughout the country in 2014. The pass rates of vegetable, livestock & poultry and

aquatic product reach 96.30%, 99.20% and 93.60% respectively. As a whole, it stays at high levels and sustains an upturn.

Soil pollution threatens safety of agricultural produce in China

At the end of Oct. 2014, the 4th Strategic Forum on China Environmental Remediation Development was held. Accordingly, the soil

pollution in China is very serious as a whole, along with strong potential risks in some regions. This has threatened the safety of

agricultural produce.

In addition, according to the Report on the Investigation on Soil Pollution in China jointly released by the Ministry of Environmental

Protection and the Ministry of Land and Resources of the People's Republic of China, the excess standard rate of soil pollution

nationwide has reached 16.10%.

Therefore, the soil condition in China is not optimistic, calling for urgent restoration.

National Qualified Agricultural Essence Center opens in Beijing

On 7 Dec., 2014, the National Qualified Agricultural Essence Center located in the National Agriculture Exhibition Center opened.

Accordingly, as an entity, it will explore the combination of online and offline sale patterns and lay out offline entities throughout the

country, so as to establish a wide sale network covering varied agricultural produce.

At present, nearly ten thousand kinds of qualified agricultural produce from ten provinces (regions) have been gathered in the

center. All the produce reaches the world-level food safety standards, regarded as the concentrated demonstration of pollution-free,

green and organic agricultural produce in Beijing.

Food Crop Primary Commodity Market Dynamics

Increases seen in both sown area and output of grains in China in 2014

On 4 Dec., 2014, the National Bureau of Statistics of the People's Republic of China issued a circular that in 2014:

The national sown area of grains was 112.74 million ha, up by 0.70% (0.78 million ha) over 2013. Of this, the sown area of cereals

(mainly including corn, rice, wheat, barley, Chinese sorghum, buckwheat and oat) reached 94.62 million ha, up by 0.90% (0.85

million ha) year on year.

The national unit output of grains was 5.39 t/ha, up by 0.20% (8.40 kg/ha) year on year. Particularly, the unit output of cereals was

about 5.89 t/ha, down by 0.10% (4.80 kg/ha) year on year.

In addition, the total output of grains amounted to 607.10 million tonnes nationwide, up by 0.90% (5.16 million tonnes) over 2013.

Specifically, the output of cereals summed up to 557.27 million tonnes, up by 0.80% (4.58 million tonnes) year on year.



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Table 2: Sown area, unit output and total output of grains in China, 2014

Item Sown area, million ha Unit output, t/ha Total output, million tonne

SeasonSummer grains 27.6 4.95 136.6Early rice 5.8 5.87 34.01Autumn grains 79.34 5.5 436.49

Product

Corn 37.08 5.82 215.67Rice 30.31 6.81 206.43Wheat 24.06 5.24 126.17Other cereals 3.17 2.84 9.00Beans 9.18 1.77 16.26Root and tuber crops 8.94 3.76 33.57

Total 112.74 5.39 607.1

Source: MOA

Regional comparison of food indexes in China in 2014

Table 3: Sown area, unit output and total output of grains in China, 2014

Item Sown area, '000 ha Share of sown area Unit output, kg/ha Total output, million tonne Output share

Annual grain 112,738 100.00% 5,385 607.10 100.00%

Seasonal

Summer grains 27,604 24.48% 4,949 136.60 22.50%

Early rice 5,795 5.14% 5,869 34.01 5.60%

Autumn grains 79,340 70.38% 5,502 436.49 71.90%

Variety

Grain 94,623 83.93% 5,889 557.27 91.79%

Corn 37,076 / 5,817 215.67 /

Rice 30,309 / 6,811 206.43 /

Wheat 24,064 / 5,243 126.17 /

Beans 9,179 8.14% 1,771 16.26 2.68%

Potatoes 8,937 7.93% 3,757 33.57 5.53%

Note: Due to the small digital computer automatic carry, the number of provincial in total is slightly different from the national number.

Source: National Bureau of Statistics of China, CCM



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Table 4: Sown area and proportion of corn, rice and wheat in China, 2014

Item Sown area, '000 ha Proportion of grain sown area Proportion of food sown area

Corn 37,076 39.18% 32.89%

Rice 30,309 32.03% 26.88%

Wheat 24,064 25.43% 21.34%

Total 91,449 96.65% 81.12%




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Table 5: Sown area, unit output and total output of grains in China by region, 2014

Ranking (byoutput) Region Sown area, '000

haProportion of grain sown

areaUnit output,

kg/haTotal output, million

tonneOutputshare

/ Total 112,738 100.00% 5,385 607.1 100.00%

1 Heilongjiang Province 11,696 10.37% 5,337 62.42 10.28%

2 Henan Province 10,210 9.06% 5,654 57.72 9.51%

3 Shandong Province 7,440 6.60% 6,178 45.97 7.57%

4 Jilin Province 5,001 4.44% 7,065 35.33 5.82%

5 Jiangsu Province 5,376 4.77% 6,493 34.91 5.75%

6 Anhui Province 6,629 5.88% 5,153 34.16 5.63%

7 Sichuan Province 6,467 5.74% 5,218 33.75 5.56%

8 Hebei Province 6,332 5.62% 5,307 33.60 5.53%

9 Hunan Province 4,975 4.41% 6,033 30.01 4.94%

10 Inner Mongolia Autonomous Region 5,651 5.01% 4,872 27.53 4.53%

11 Hubei Province 4,370 3.88% 5,913 25.84 4.26%

12 Jiangxi Province 3,697 3.28% 5,797 21.44 3.53%

13 Yunnan Province 4,508 4.00% 4,127 18.61 3.06%

14 Liaoning Province 3,235 2.87% 5,422 17.54 2.89%

15 Guangxi Zhuang AutonomousRegion 3,068 2.72% 5,002 15.34 2.53%

16 Xinjiang Uygur Autonomous Region 2,256 2.00% 6,270 14.15 2.33%

17 Guangdong Province 2,507 2.22% 5,414 13.57 2.24%

18 Shanxi Province 3,286 2.92% 4,049 13.31 2.19%

19 Shaanxi Province 3,077 2.73% 3,893 11.98 1.97%

20 Gansu Province 2,843 2.52% 4,076 11.59 1.91%

21 Chongqing City 2,243 1.99% 5,104 11.45 1.89%

22 Guizhou Province 3,138 2.78% 3,628 11.39 1.88%

23 Zhejiang Province 1,267 1.12% 5,979 7.57 1.25%

24 Fujian Province 1,198 1.06% 5,569 6.67 1.10%



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25 Ningxia Hui Autonomous Region 771 0.68% 4,899 3.78 0.62%

26 Hainan Province 417 0.37% 4,747 1.98 0.33%

27 Tianjin City 346 0.31% 5,088 1.76 0.29%

28 Shanghai City 165 0.15% 6,848 1.13 0.19%

29 Qinghai Province 280 0.25% 3,742 1.05 0.17%

30 Tibei Autonomous Region 169 0.15% 5,532 0.94 0.15%

31 Beijing City 120 0.11% 5,320 0.64 0.11%





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Table 6: Regional ranking of sown area and unit output of grains in China, 2014

Ranking (by sown area) Ranking (by unit output)

No. Region Sown area, '000 ha No. Region Unit output, kg/ha

/ Total 112,738 / Total 5,385

1 Heilongjiang Province 11,696 1 Jilin Province 7,065

2 Henan Province 10,210 2 Shanghai City 6,848

3 Shandong Province 7,440 3 Jiangsu Province 6,493

4 Anhui Province 6,629 4 Xinjiang Uygur Autonomous Region 6,270

5 Sichuan Province 6,467 5 Shandong Province 6,178

6 Hebei Province 6,332 6 Hunan Province 6,033

7 Inner Mongolia Autonomous Region 5,651 7 Zhejiang Province 5,979

8 Jiangsu Province 5,376 8 Hubei Province 5,913

9 Jilin Province 5,001 9 Jiangxi Province 5,797

10 Hunan Province 4,975 10 Henan Province 5,654

11 Yunnan Province 4,508 11 Fujian Province 5,569

12 Hubei Province 4,370 12 Tibei Autonomous Region 5,532

13 Jiangxi Province 3,697 13 Liaoning Province 5,422

14 Shanxi Province 3,286 14 Guangdong Province 5,414

15 Liaoning Province 3,235 15 Heilongjiang Province 5,337

16 Guizhou Province 3,138 16 Beijing City 5,320

17 Shaanxi Province 3,077 17 Hebei Province 5,307

18 Guangxi Zhuang Autonomous Region 3,068 18 Sichuan Province 5,218

19 Gansu Province 2,843 19 Anhui Province 5,153

20 Guangdong Province 2,507 20 Chongqing City 5,104

21 Xinjiang Uygur Autonomous Region 2,256 21 Tianjin City 5,088

22 Chongqing City 2,243 22 Guangxi Zhuang Autonomous Region 5,002

23 Zhejiang Province 1,267 23 Ningxia Hui Autonomous Region 4,899

24 Fujian Province 1,198 24 Inner Mongolia Autonomous Region 4,872

25 Ningxia Hui Autonomous Region 771 25 Hainan Province 4,747

26 Hainan Province 417 26 Yunnan Province 4,127

27 Tianjin City 346 27 Gansu Province 4,076



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28 Qinghai Province 280 28 Shanxi Province 4,049

29 Tibei Autonomous Region 169 29 Shaanxi Province 3,893

30 Shanghai City 165 30 Qinghai Province 3,742

31 Beijing City 120 31 Guizhou Province 3,628



Sown area of winter wheat declines in Hebei Province in 2014

On 26 Nov., 2014, the Department of Agriculture of Hebei Province announced that this year the sown area of winter wheat

throughout the province reached 2.30 million ha (34.51 million mu), 0.04 million ha (0.55 million mu) less than that in 2013. This can

be mainly attributed to the pilot programs concerning the comprehensive treatment of overdrawn groundwater in the province which

required a cut-off of 0.05 million ha (0.76 million mu) of wheat. Currently, all wheat in Hebei Province has entered into the tillering

stage. Accordingly, the wheat is investigated to grow well.

Meanwhile, a special fund of USD24.44 million (RMB150 million) was allocated by the provincial government for the promotion of

water-saving wheat varieties in four cities in this autumn, including Hengshui, Cangzhou, Xingtai and Handan and covering 0.20

million ha (3 million mu) in total. Altogether 29 varieties have been promoted by experts organized by the agricultural departments

before sowing.

China initiates 2014/2015 temporary corn purchase and storage project

On 25 Nov., 2014, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance of

the People's Republic of China and the Agricultural Development Bank of China jointly released a notice that the government would

as from the day begin to purchase corn with flat prices over 2013.

Specifically, the purchase price was USD368.26/t (RMB2,260/t) in both Inner Mongolia Autonomous Region and Liaoning

Province, USD365.01/t (RMB2,240/t) in Jilin Province and USD361.74/t (RMB2,220/t) in Heilongjiang Province. The purchase will

end at the end of April 2015.

The purchase price of corn in China is 20% higher than the international corn price, aiming to support the domestic price and

increase farmers' income.



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Heilongjiang Province started to implement the China Corn Acquisition and Temporary StoragePolicy

Heilongjiang Province claimed that it started to carry out National Corn Acquisition and Temporary Storage Policy since 18 Dec.,

2014, and the implemented period is as of 30 April, 2015. Corn in storage after acquisition must be the domestic corn produced in

2014, which meets the national quality products standard. As for the non-standard corn which the actual moisture and impurity are

higher than standard index, it could storage only when the corn reaches the standard after the drying finishing and the non-standard

corn is not allowed to be stored. The acquisition of non-standard corn is implemented by the Regulations on Relevant Issues

Concerning the Implementation of the National Standard of Grain and Oil Quality and Supplementary Notice about 2014 Corn

Acquisition Problems of Mildew Grain with Exceeding the Standard in the three Northeastern Provinces and the Inner Mongolia

Autonomous Region.

National temporary corn purchasing price is USD0.18/500g (RMB1.11/500g). Standardized by national the third standard corn

produced in 2014, the specific quality standard is as follows. That is, the bulk density is 650g/L-685g/L, and the content of unsound

kernels is within 8.0%, which mildew grain, moisture and impurity are within 2.0%, 14.0% and 1.0% respectively. The grade

difference between adjacent grades is RMB0.02/500g. Besides, the listing purchasing price refers to the warehouse purchasing

price that directly purchases from the farmers' specific warehouses.

Altogether 8 billion kg/a for grain production added in Hebei Province in 1988–2013

On 27 Nov., 2014, the National Information Construction & Publicity Work Conference on Agriculture Comprehensive Development

was held in Shijiazhuang City, Hebei Province.

Accordingly, Hebei government has continuously increased the input into agriculture comprehensive development. From 1988 to

2013, the fiscal fund put into this field reached USD2.85 billion (RMB17.52 billion) accumulatively. Furthermore, the government

drove up a social investment of nearly USD3.10 billion (RMB19 billion), constructed an arable land of 2.46 million ha (37 million mu)

and newly established a capacity of 8 billion kg/a for grain production.

Shandong Province: output of wheat and corn to increase by over 2 billion kg by 2020

On 30 Nov., 2014, the Proposal Demonstration and Initiating Meeting of the Innovative Demonstration Project for Super High Yield

Wheat and Corn was held in Jinan City, Shandong Province. Responsible person from the Department of Science and Technology

of Shandong Province stated that the province would spend 5–10 years increasing the planting area of wheat and would drive up

the output of wheat and corn by over 2 billion kg by 2020 in the province.

In order to effectively deal with the new situation for grain production – increasing rigid demand for grains, declining arable land and

enlarging resource pressure, Shandong Province carries out the innovative demonstration project for super high yield wheat and

corn. This will play a leading role in the production of wheat and corn in China.



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China doesn't approve imports of MIR162 corn from Syngenta

On 12 Dec., 2014, it is reported that Syngenta expected to win the Chinese government approval in the near future for the imports

of a kind of genetically modified corn, MIR162 corn. The enterprise would make an announcement when it receives the official

documentation of China's approval on MIR162 corn. However, China has not yet publicly approved the imports of MIR162 corn from

Syngenta.

This indicates a big progress for corn trading between the US and China. Since Nov. 2013, China has returned over 1.25 million

tonnes of MIR162 corn and products to the US in total. Actually, it marks a shutdown to the US corn.

China's first corn starch futures listed on 19 Dec., 2014

On 19 Dec., 2014, corn starch futures officially listed inDalian Commodity Exchange, with the first batch listing and trading contracts

of CS1503, CS1505, CS1507, CS1509, CS1511. Yingkou Port Group Corp. is the specific delivery warehouse of corn starch.

While the specific delivery factories of corn starch are COFCO (Yushu) Bio-energy and Bio-chemical Co., Ltd., COFCO

(Gongzhuling) Bio-energy and Bio-chemical Co., Ltd., Shandong Shouguang Juneng Golden Corn Co., Ltd., Baolingbao Biology

Co., Ltd., Shandong Zhonggu Starch Sugar Co., Ltd. and Shandong Fuyang Biotechnology Co., Ltd. Until this, the amount of

agricultural produces in Dalian Commodity Exchange will increase to 10. And the variety amount of futures will reach 16, while that

in China will reach 46.

Industrial Crop Primary Commodity Market Dynamics

Planting area of winter rape sees 20%–30% YoY decline in 2014

According to the market survey in Nov. 2014, the planting area of winter rape this year declined by 20%–30% compared with that in

2013 and the decline would continue in the future.

The main reasons for the reduced planting area of winter rape in 2014 are as follows:

1. Policy adjustment. It was put forward in the No. 1 Central Document issued this year that the system of target price for

agricultural produce would be gradually established and the market pricing principle would be insisted continuously. In 2014, the

prices of agricultural produce, such as cotton and soybean, are priced by the market, resulting in the reduced planting areas in

mainland China. In 2015, the government may carry out the target market pricing system on rapeseed, which will discourage

farmers from planting rape.

2. Economic benefit. The income from planting rape is less than the income from planting other crops such as wheat. On the basis

of the purchase price and the planting input, the earning from wheat is USD366.63/ha (RMB150/mu) higher than the earning from

rapeseed on average.

3. Labor. Planting rape, especially the field management during the growth of rape, requires more labor. What's more, many

procedures including planting, harvesting, etc. completely rely on manpower instead of machinery. Farmers are more willing to plant

crops that can be sown, harvested and even completely finished by machines, such as wheat.



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Rapeseed: change of planting method causes 10% YoY decline in unit output in 2014

According to the planting status of rapeseed in the last two years, direct sowing has been adopted in many areas of China.

Compared with the transplanting method mostly adopted before 2012, the change of the planting method results in about 10% of

decline in the unit output on average.

Compared with transplanted rape, sown rape is unordered regarding the plant spacing, row spacing, etc. Despite thinning out

seedlings at last, the growth of root system, branches and leaves and silique would still be restricted in the late growth of rape.

Sowing is simpler than transplanting and is labor-saving. However, it cripples the output at last. The high level yield of transplanted

rape is 3,000 kg/ha (200 kg/mu) and the medium and low level yield of transplanted rape is 2,625 kg/ha (175 kg/mu). The yield of

directly sown rape is only around 2,250 kg/ha (150 kg/mu).

At present, mainly elderly people and women are involved in the agricultural production in many regions of China. Transplanting is

labor-consuming. In order to save labor, farmers have to change the planting method from transplanting to direct sowing. Direct

sowing is expected to be the mainstream for the planting method in the following years. And the unit output of rapeseed is

estimated to decline year by year.



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MOA: guidelines on scientific fertilization for winter rape

On 24 Nov., 2014, based on the problems of winter rape in the region of the Yangtze River Basin, such as uncoordinated proportion

of nutrient in fertilization, insufficient organic fertilizer, low popularizing rate of returning straw to farmlands, lack of medium trace

elements like sulfur and boron occasionally and low utilization rate of fertilizer due to low planting density of rape, considering the

unceasing rising proportion of direct sown rape, the Ministry of Agriculture of the People's Republic of China (MOA) gave the

following guiding opinions on fertilization.

Fertilization principles:

(1) Appropriately adjust the amount and proportion of fertilizer based on the result from the testing soil for formulated fertilization;

(2) Attach importance to boron fertilizer and apply it appropriately according to the effective boron content in soil and the target

yield;

(3) Reduce fertilization amount of nitrogen fertilizer and highlight the application of bolt fertilizer and increase the proportion of bolt

fertilizer in the fertilization of transplanted rape;

(4) Follow the principle of prompt fertilization at the beginning and steady fertilization later in the fertilization of directly sown rape;

(5) Apply more organic fertilizer and advocate returning straw to farmlands, coordinating with inorganic fertilizer;

(6) Adopt the formulated fertilizer with similar proportion of nitrogen-phosphate-potassium (NPK) as that in base fertilizer;

(7) Fertilization combines with cultivation techniques for high yield and high quality, especially paying attention to the improvement

of planting density and early sowing of directly sown rape.

Fertilization suggestions:

1. Suggestion for the fertilization of transplanted rape:

Apply 60% of the total amount of nitrogen fertilizer as base fertilizer, 20%–30% as overwintering seedling fertilizer, 10%–20% as

bolt fertilizer; apply 60% of potassium fertilizer as base fertilizer, 40% of bolt fertilizer; use phosphate fertilizer and boron fertilizer as

base fertilizer.

2. Suggestion for the fertilization of directly sown rape:

Apply 50% of the total amount of nitrogen fertilizer as base fertilizer, 20% as improvement seedling fertilizer, 20% as overwintering

seedling fertilizer, 10% as bolt fertilizer; apply 80% of potassium fertilizer as base fertilizer, 20% as overwintering seedling fertilizer;

apply phosphate fertilizer and boron fertilizer as base fertilizer.

Apply 30 kg/ha–45 kg/ha (2 kg/mu–3 kg/mu) of sulfur as base fertilizer or apply fertilizer with sulfur in areas lacking sulfur; if organic

fertilizer is applied as base fertilizer, the fertilization amount can be reduced accordingly; reduce 1/3 of potassium fertilizer if straw

is returned to farmlands previously.

Add nitrogen fertilizer, potassium fertilizer and boron fertilizer and adopt other disaster reduction and anti-disaster techniques timely

in the case of climatic disaster (such as drought and cold injury).



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Table 7: Fertilization amount of transplanted and sown rape varied in output, kg/ha

Fertilizer> 3,000 kg/ha 2,250 kg/ha–3,000 kg/ha 1,500 kg/ha–2,250 kg/ha < 1,500 kg/ha

Transplantedrape

Directly sownrape

Transplantedrape

Directly sownrape

Transplantedrape

Directly sownrape

Transplantedrape Directly sown rape

Nitrogen 195–210 165–180 150–180 135–165 105–135 105–135 75–105 75–105Phosphate 60–90 60–90 45–60 45–60 45–60 45–60 30–45 30–45Potassium 75–105 75–90 45–75 60–75 30–60 45–60 0–45 30–45Borax 15 15 11.25 11.25 11.25 11.25 7.5 7.5

Source: MOA

Total output of cotton reaches 6.16 million tonnes in China in 2014

Statistics released by the National Bureau of Statistics of the People's Republic of China on 17 Dec., 2014, has it that in 2014:

1. The total output of cotton is 6.16 million tonnes, down by 0.14 million tonnes (2.20%) year on year;

2. The sown area of cotton is about 4.22 million ha, down by 126,500 ha (2.90%) year on year;

3. The unit output of cotton is 1,460.30 kg/ha, up by 10.80 kg/ha (0.70%) year on year.

Table 8: Sown areas, unit output and output of cotton in China (by region), 2014

No. (output) Region Sown area, '000 ha Proportion (sown area) Unit output, kg/ha Output, million tonnes Proportion (output)1 Xinjiang Uygur Autonomous Region 1,953 46.30% 1,883 3.6770 59.68%2 Shandong Province 592.9 14.05% 1,122 0.6650 10.79%3 Hebei Province 410.9 9.74% 1,050 0.4310 7.00%4 Hubei Province 344.8 8.17% 1,043 0.3600 5.84%5 Anhui Province 265.2 6.29% 993 0.2630 4.27%6 Jiangsu Province 131.8 3.12% 1,210 0.1600 2.60%7 Henan Province 153.3 3.63% 958 0.1470 2.39%8 Hunan Province 130.1 3.08% 992 0.1290 2.09%9 Jiangxi Province 82.2 1.95% 1,442 0.1190 1.93%

10 Gansu Province 38.1 0.90% 1,668 0.0640 1.04%11 Shaanxi Province 30.5 0.72% 1,387 0.0420 0.68%12 Tianjin 30.2 0.72% 1,264 0.0380 0.62%13 Shanxi Province 18.7 0.44% 1,260 0.0240 0.39%14 Zhejiang Province 17.3 0.41% 1,350 0.0230 0.37%15 Sichuan Province 13.2 0.31% 941 0.0120 0.19%16 Inner Mongolia Autonomous Region 1 0.02% 1,517 0.0020 0.03%17 Guangxi Zhuang Autonomous Region 2.3 0.05% 1,086 0.0020 0.03%18 Jilin Province 0.5 0.01% 1,418 0.0010 0.02%19 Shanghai 0.8 0.02% 1,485 0.0010 0.02%20 Guizhou Province 1.6 0.04% 686 0.0010 0.02%21 Beijing 0.1 0.00% 1,070 0.0001 0.00%22 Liaoning Province 0.1 0.00% 1,470 0.0001 0.00%23 Fujian Province 0.1 0.00% 850 0.0001 0.00%24 Yunnan Province 0.1 0.00% 1,200 0.0001 0.00%25 Heilongjiang Province 0 0 0 0 026 Guangdong Province 0 0 0 0 027 Hainan Province 0 0 0 0 028 Chongqing 0 0 0 0 029 Tibet Autonomous Region 0 0 0 0 030 Qinghai Province 0 0 0 0 031 Ningxia Hui Autonomous Region 0 0 0 0 0

Total 4,219.1 100.00% 1,460 6.16 100.00%

Note: Small differences exist between regional and total statistics, due to the automatic carry of decimal places in computer.

Source: NBS and CCM



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Table 9: Sown area and unit output of cotton in China (by region), 2014

Sown area Unit outputNo. Region Sown area, '000 ha No. Region Unit output, kg/ha1 Xinjiang Uygur Autonomous Region 1,953.3 1 Xinjiang Uygur Autonomous Region 1,8832 Shandong Province 592.9 2 Gansu Province 1,6683 Hebei Province 410.9 3 Inner Mongolia Autonomous Region 1,5174 Hubei Province 344.8 4 Shanghai 1,4855 Anhui Province 265.2 5 Liaoning Province 1,4706 Henan Province 153.3 6 Jiangxi Province 1,4427 Jiangsu Province 131.8 7 Jilin Province 1,4188 Hunan Province 130.1 8 Shaanxi Province 1,3879 Jiangxi Province 82.2 9 Zhejiang Province 1,35010 Gansu Province 38.1 10 Tianjin 1,26411 Shaanxi Province 30.5 11 Shanxi Province 1,26012 Tianjin 30.2 12 Jiangsu Province 1,21013 Shanxi Province 18.7 13 Yunnan Province 1,20014 Zhejiang Province 17.3 14 Shandong Province 1,12215 Sichuan Province 13.2 15 Guangxi Zhuang Autonomous Region 1,08616 Guangxi Zhuang Autonomous Region 2.3 16 Beijing 1,07017 Guizhou Province 1.6 17 Hebei Province 1,05018 Inner Mongolia Autonomous Region 1.0 18 Hubei Province 1,04319 Shanghai 0.8 19 Anhui Province 99320 Jilin Province 0.5 20 Hunan Province 99221 Beijing 0.1 21 Henan Province 95822 Liaoning Province 0.1 22 Sichuan Province 94123 Fujian Province 0.1 23 Fujian Province 85024 Yunnan Province 0.1 24 Guizhou Province 68625 Heilongjiang Province 0 25 Heilongjiang Province 026 Guangdong Province 0 26 Guangdong Province 027 Hainan Province 0 27 Hainan Province 028 Chongqing 0 28 Chongqing 029 Tibet Autonomous Region 0 29 Tibet Autonomous Region 030 Qinghai Province 0 30 Qinghai Province 031 Ningxia Hui Autonomous Region 0 31 Ningxia Hui Autonomous Region 0

Total 4,219.1 Total 1,460

Note: Small differences exist between regional and total statistics, due to the automatic carry of decimal places in computer.

Source: NBS and CCM

Vegetable and Fruit Crop Primary Commodity Market Dynamics

MOA to formulate fruit brand catalogue

On 3 Dec., 2014, the Ministry of Agriculture of the People's Republic of China (MOA) held a press conference, stating that the MOA

would explore to formulate the fruit brand catalogue, so as to guide the cultivation and establishment of agricultural product brands

and further develop national brands boasting strong regional and national power.

The MOA would focus on two aspects to enhance fruit brands in strength and size:

- Give support to regional brands. Specifically, it would center guiding production base in the cultivation and promotion, along with

necessary integration of production entities, so as to establish competitive state-level agricultural product brands.

- Explore the formulation of fruit brand catalogue. This will help guide the cultivation and establishment of product and farmer

brands.



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Fruit and vegetable occupy 49% of geographical indications by primary agricultural products inChina

Of the geographical indications by primary agricultural products in China, fruit and vegetable occupy the most (49%), followed by

livestock products (15%), medicinal materials (8%), aquatic products (7%), grain and oil crops (4%) and flowers & seedlings (3%).

The proportion of tobacco, raw tea and edible fungi does not exceed 2% respectively.

The low proportions of grain and oil crops, raw tea, etc. can be ascribed to the fact that relatively large parts of such primary

agricultural products have been processed into higher added-value agricultural products (primarily processed or intensively

processed).

Ningxia Helan County: build permanent vegetable production bases

On 5 Dec., 2014, according to the Notice of 2014 Implementation Scheme Demonstration Meeting about government

procurement in Helan County Permanent Vegetable Production Base Construction issued by the Bureau of Agriculture, Animal

Husbandry and Fisheries in Helan County, Ningxia Hui Autonomous Region, in 2014, it has totally built 600.47 ha (9,007 mu)

permanent production base in Helan County.

Among these, it has one facility base, where constructs in Xinping Modern Agricultural Demonstration Park, with the total

construction area of 393.33 ha (5,900 mu) and 2,360 sunlight greenhouses of involving two generations. Besides, the facility base

mainly produces tomato, cucumber, celery, bean, watermelon and muskmelon, which is the guarantee of supply in spring and

autumn.

In addition, it also has three open field bases. Relying on village collective, professional farmers cooperatives and scaled farmers,

to construct three open field permanent vegetable production base by the way of land circulation. The total construction area of

these three production bases is 207.13 ha (3,107 mu), which is the guarantee of supply in summer and autumn. Among them, first,

it built a production base with the construction area of 66.67 ha (1,000 mu) in Sishili Dian Village, Changxin Town. Its planting

varieties are tomato, lotus dishes, potato, cauliflower, broccoli and celery. Second, the villages of Guinan and Guiwen in Changxin

Town built a production base with the construction area of 70.47 ha (1,057 mu), and its planting varieties are tomato, cucumber,

eggplant, cabbage, hay, radish, and screw dishes. Last, In Lanxing Village, Ligang Town, it built a production base with the

construction area of 70.00 ha (1,050 mu), with its planting varieties of tomato, pepper, eggplant and celery, etc.



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Other Crop Primary Commodity Market Dynamics

Largest tea trading center in northern China built in Shandong’s Qingdao

On 27 Nov., 2014, Qingdao Ziyunlai International Tea Trading Center, located in Jiaozhou City (under the administrative

management of Qingdao City, Shandong Province), opened for business. With a total investment of USD325.90 million (RMB2

billion), the tea trading center has over 1,600 specialized commercial net sites, covering 133.33 ha (2,000 mu). It is a

comprehensive service center involving trading, culture and tourism, and the largest tea trading center in Bohai Rim Economic

Circle and northern China.

The tea trading center will provide operation sites for tea farmers and enterprises, offering tea processing hardware and machines,

such as large freezers, tea sorters, color sorters and completely automotive packers. Currently, the construction of the first phase

has been finished, with an investment of USD32.59 million (RMB200 million) and a construction area of 5 ha. Altogether over 180

tea enterprises have signed investment contracts with the center, of which 70 have entered into the center.

Jiaozhou is chosen to be the largest tea trading center in northern China according to the following three reasons:

- It is the production base & culture source for tea in northern China, and southern & northern tea trading market.

- It presents regional advantages, as the only access to Shandong Peninsula. It can better connect China mainland with overseas

markets, such as Japan, South Korea and Northeast Asia in international trade.

- Jiaozhou Rim Economic Circle is the state-level base regarding its developed modern agriculture, emerging industries and

storage & logistics.



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Natural Disasters Dynamics

NATESC finishes overwintering investigations on major pests and diseases

On 16–23 Nov., 2014, the National Agri-Tech Extension and Service Center (NATESC) organized experts to go to 27 counties

(districts), 17 cities (prefectures) and 7 provinces, covering Gansu, Jiangsu, Anhui, Henan, Shandong, Hebei and Shanxi provinces.

They finished the overwintering investigations on major pests and diseases, such as wheat stripe rust, proxenus lepigone, cotton

bollworm, corn borer and oriental migratory locust.

Wheat stripe rust: It appeared dispersal and slight in the autumn seedlings in Gansu; situation in Northwest China in this winter and

next spring will be grave, due to the appropriate conditions, fine soil moisture previously and adequate climate currently.

Oriental migratory locust: Locust eggs showed up in Yongji City (Shanxi) and Cangzhou City (Hebei); specifically, it presented high

density in sorghum land along Huanghe River, Yongji City.

Proxenus lepigone: It was observed to be low-density in corn fields in places such as Fengxian County (Jiangsu), Xiaoxian County

(Anhui), Feicheng City (Shandong) and Wenxi County (Shanxi).

Cotton bollworm: It arose in cotton and corn fields in places like Minquan County (Henan), Kenli County (Shandong), Wuyi County

(Hebei) and Wenxi County (Shanxi), especially in soft soil around corn roots.

Corn borer: It was found in Huang-Huai-Hai area.

In addition, the occurrences of pests and diseases in autumn seedlings in Shanxi and Anhui provinces were investigated to be

much severer than previous years. Of this, the average rate of diseased plants caused by leaf rust and powdery mildew in Wenxi

County (Shanxi) reached 23% and 12% respectively; the number of aphids on the basis of 100 plants amounted to 600; the

average rate of plants with red spider mites was 10%.

Disasters caused by continual rain in China in autumn 2014

In autumn 2014, continual rain appeared in many regions including Shaanxi, Henan, Shanxi and Shandong provinces, causing

trouble to the harvesting and sun dry of grains and furthermore the germination and mildew of kernels. The fruits of the economic

forests in some regions even decayed. Meanwhile, the multi-period rain hit Southwest China and the middle and low reaches of

Yangtze River. Part of the farmland even showed waterlogging, and the winter wheat, rape and outdoor vegetable were also

influenced.



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Drought hits China in autumn 2014

In early and mid-Sept. 2014, the rainfall in western and southern areas, Liaoning Province continued the low volume. This forwarded

the drought. As of the end of Sept. 2014, the incomplete statistics shows that, the stricken areas: Panjin City: about 14,400 ha, of

which the area with failed crops reached 14,000 ha; Sujiatun Dist., Shenyang City: about 19,900 ha; Liaoyang County, Liaoyang

City: about 45,500 ha.

Regarding most areas of Jiangxi Province and Southeast Hunan Province, the rainfall also appeared to be relatively small.

Therefore, the soil moisture lost quickly and some areas even suffered from slight and medium degree drought, causing the

negative growth to rape without irrigation, the delayed transplant of rape seedling and the retarded sowing of directly sown rape.

The drought was reported to be worse than that in the same periods of 2012 and 2013.

In addition, the continuously small rainfall in southern and western Fujian Province accounted for the drought showing in some land

with little irrigation. As of the end of Nov., the stricken area in the province amounted to about 8,000 ha.

Flood hits China in autumn 2014

In Sept. 2014, rainstorm and flood hit many provinces and regions, including Liaoning, Shaanxi, Shandong, Shanxi, Henan, Anhui,

Hubei, Zhejiang, Jiangxi, Hunan, Guangxi, Sichuan and Guizhou provinces, Inner Mongolia Autonomous Region and Chongqing, in

which crops like rice and corn were stricken to different degrees.

On 19–21 Oct., 2014, the moderate and heavy rains and regional rainstorm appeared in southern Huang-Huai Area, and western

and Southeast Jianghan Plain, thus crops stricken in some areas.

On 23–26 Oct., 2014, eastern Hainan Province was hit by rainstorm and heavy rainstorm, thus crops and aquatic products in some

area stricken.

On 27–31 Oct., 2014, the eastern Southwest China and middle and low reaches of Changjiang River encountered heavy rains and

rainstorm, while southern Hanjiang Plain and north Hunan Province suffered from heavy rainstorm. Therefore, crops like rice and

corn in some places of provinces covering Anhui, Hubei, Hunan, Sichuan and Guizhou were stricken.



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Disasters caused by typhoon in China in autumn 2014

In autumn 2014, altogether three typhoons had relatively large impact on China's planting industry. They were Typhoon Kalmaegi

landing at Hainan and Guangdong provinces, Severe Tropical Storm Fung-wong landing at Zhejiang Province and Shanghai, and

Typhoon Vongfong.

Affected by these three typhoons, the southern South China, southeastern Southwest China and the coastal areas of East China

were hit by furious storm. This caused low-lying farmland to be flooded, economic forests and fruits to be damaged, and water

conservancy facilities and aquaculture to be seriously stricken.

According to the primary statistics, influenced by Typhoon Kalmaegi, the stricken area of agricultural crops in 5 provinces (regions)

covering 34 cities (prefectures) and 166 counties (districts) reached 877,100 ha, of which 82,500 ha of crops failed. Specifically,

the 5 provinces (regions) were Guangdong, Hainan, Guizhou and Yunnan provinces and Guangxi Zhuang Autonomous Region. At

the meantime, Severe Tropical Storm Fung-wong caused Zhejiang Province, covering 6 cities and 35 counties (districts) to have an

area of 39,500 ha of agricultural crops stricken, of which 2,800 ha of crops failed.

Frost hits China in autumn 2014

From 9 to 13, 15 to 16, 18 to 22 and 25 to 26 in Oct. 2014, altogether four cold airs hit northern China. Then the agricultural crops

and economic forests and fruits in six provinces (regions) such as Gansu, Qinghai, Shaanxi and Shanxi suffered from cold damage

to different degrees.

On 9 Oct., 2014, Huocheng County, Ili Kazak Autonomous Prefecture, Xinjiang Uygur Autonomous Region was hit by frost. This

caused quality reduction of grapes.

Heilongjiang's Raohe: over 200 ha of crops stricken by snowfall and fail

According to the Bureau of Civil Affairs of Heilongjiang Province, on 12–14 Nov., 2014, Raohe County, Shuangyashan City,

Heilongjiang Province was hit by heavy wind and snow. With a wind speed of 15.40 m/s, the snowfall reached 14 mm, and the snow

depth was 16 cm. This caused losses to crops like corn and soybean and damage to vegetable greenhouses.

As of 9 am on 17 Nov., 2014, over 600 people suffered. Regarding crops, the stricken area amounted to over 400 ha. Of this, over

200 ha of crops failed. The direct economic loss reached more than USD0.81 million (RMB5 million).

Price Dynamics

Changes of average prices of major food in 50 cities in China in early Dec. 2014



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Table 10: Changes of average prices of major food in 50 cities in China, early Dec. 2014

Product Specification/grade Price Change over last period Change rate, %

Rice Japonica rice USD0.98/kg 0 0Flour Strong flour USD0.92/kg 0 0Flour Standard flour USD0.75/kg 0 0

Bean product Tofu USD0.73/kg 0 0

Peanut oil Pressing (grade 1) USD4.42/L USD0.01/L 0.30

Soybean oil Barrel (5 L) USD1.66/L 0 -0.20

Rapeseed oil Bulk (grade 1) USD2.21/L -USD0.01/L -0.30

Chinese cabbage / USD0.38/kg USD0.01/kg 1.80

Rape / USD0.86/kg USD0.06/kg 6.90Celery / USD0.86/kg USD0.02/kg 2.30Cucumber / USD1.3/kg USD0.22/kg 20.70Tomato / USD0.93/kg USD0.03/kg 3.80Cowpea / USD1.59/kg USD0.06/kg 3.80Potato / USD0.63/kg USD0.01/kg 1.90Apple Fuji apple USD2.15/kg USD0.01/kg 0.60Banana Made in China USD1.19/kg -USD0.03/kg -2.40

Note: Last period was from 21 to 30 Nov. 2014. Early Dec. was from 1 to 10 Dec. 2014.

Source: NBS and CCM

Changes of prices of major production means in circulation in China in early Dec. 2014

Table 11: Changes of prices of major production means in circulation in China, early Dec. 2014

Product Price Change over last period Change rate, %

Agriculture produce

1. Rice (Japonica rice) USD688.56/t 0 0

2. Wheat (national standard grade 3) USD416.5/t 0 0

3. Corn (yellow corn grade 2) USD367.74/t -USD0.21/t -0.1

4. Cotton (ginned cotton; white cotton grade 3) USD2,243.97/t -USD24.41/t -1.1

5. Pig (hybrid of three kinds of foreign pigs) USD2.25/kg 0 0

6. Soybean USD718.16/t -USD7.71/t -1.1

7. Bean pulp (crude protein ≥ 43%) USD541.14/t -USD10.75/t -1.9

8. Peanut (oil peanut) USD1,333.8/t USD3.05/t 0.2

Agricultural production means

1. Urea (granular) USD261.6/t USD0.42/t 0.2

2. Compound fertilizer (potassium sulfate) USD466.69/t 0 0

3. Pesticide (glyphosate, 95% technical) USD3,887.86/t -USD97.59/t -2.4

Note: 1. Prices of major production means in circulation refer to wholesale prices and sales prices of major production means. 2. Areas under detection

include nearly 1,700 wholesalers, agencies and distributors in over 200 transaction markets of 24 province (regions or municipalities). 3. Last period was

from 21 to 30 Nov. 2014, early Dec. was from 1 to 10 Dec. 2014.

Source: NBS and CCM



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Table 12: Specification instruction on major production means in circulation in China

Product Specification Remark

Agriculture produce

Rice Japonica rice grade 1 Impurity ≤ 0.25%, water ≤ 15.5%

Wheat National standard grade 3 Impurity ≤ 1.0%, water ≤ 12.5%

Corn Yellow corn grade 2 Impurity ≤ 1.0%, water ≤ 14.0%

Cotton (ginned cotton) White cotton grade 3 Fiber length ≥ 28 mm, white or milk white

Pig Hybrid of three kinds of foreign pigs Hybrid of three kinds of foreign pigs

Soybean Glycine max Impurity ≤ 1.0%, water ≤ 13.0%

Bean pulp Crude protein ≥ 43% Crude protein ≥ 43%, water ≤ 13.0%

Peanut Oil peanut Impurity ≤ 1.0%, water ≤ 9.0%

Agricultural production means

Urea Granular Total nitrogen ≥ 46%, water ≤ 1.0%

Compound fertilizer Potassium sulfate Content of nitrogen-phsphosate-potassium: 45%

Pesticide (glyphosate) 95% technical Mass fraction of glyphosate ≥ 95%

Note: Early Dec. was from 1 to 10 Dec. 2014.

Source: NBS and CCM

Output of peanut with new production decreased and its price was high

According to the latest market investigation, at present, the purchasing price of peanut in the main producing areas commonly

reaches over USD1.30/kg (RMB8/kg). While the wholesale price of high-quality peanut meat in the market hit about USD2.28/kg

(RMB14/kg) and its retail prices was over USD2.61/kg (RMB16/kg), which got a historical high.

Peanut with new production listed one after another in late August to the beginning of Sept. 2014. For now, the market price is

being higher compared with the same period in the past. Normally, in every year, after the listing of peanut with new production, with

the supply increase, its price should be decreased. However, it didn't fall but rise in 2014, the reason for this is that the planting area

of peanut in China has reduced about 10% in 2014. At the same time, when it comes to flood season, the main production areas

like Shandong and Henan provinces not only has less precipitation, but also has an uneven distribution. In the maturing period of

peanut, it suffered a serious drought in July and flood in August, which resulting a substantial reduction and poor quality, it is

expected that the total output of peanut in China will be decreased by over 20% compared with last year.

It is indicated that domestic peanut market's resistance ability to fall is strong in the short term in the case of tight supply. However,

because the downstream products of soybean oil and meal for feed are still vulnerable and the terminal consumption is slow,

coupled with the reduction of foreign trade orders, the export situation of China's peanut is not optimistic. So, it still needs to pay

continuous attention to the quotation of peanut in future.



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Price information of China's vegetables market on 1 Dec.-7 Dec. 2014

According to Ministry of Agriculture of China, during 1 Dec.,-7 Dec., 2014, the weekly wholesale prices of the 28 kinds of

vegetables with key monitoring were USD0.59/kg (RMB3.64/kg), with a week on week growth of 4.6% and up 0.8% YoY. As for

species, the prices of 23 kinds of vegetables rose, while other 2 kinds' reached even and the last 3 kinds' decline. Among them,

the prices of cucumber, courgettes, leek, rape and lettuce increased largely, with a week on week growth of 24.3%, 19.4 %, 14.3 %,

18.6% and 10.3% respectively, while those of the last species increased with different levels. Onion and celery' remained, but

ginger, pumpkin and mushroom' declined 9.2%, 0.6% and 0.3% respectively. The trading volume of 28 kinds of vegetables in last

week was 48,040,000 tonnes, with a week on week growth of 5.7%.

The 28 kinds of vegetables with key monitoring are spinach, cruciferae, rape, cabbage, lettuce, eggplant, green pepper, tomato,

bean, white radish, carrot, onion, potato, lettuce, celery, lotus root, cucumber, white gourd, pumpkin, courgettes, pteurorusostreatus,

mushroom, leek, scallion, cauliflower, broccoli, ginger, garlic.

Price information of China’s fruit market on 1 Dec.-7 Dec. 2014

According to Ministry of Agriculture of China, during 1 Dec.,-7 Dec., 2014, the week wholesale price of seven kinds of fruit with key

monitoring was RMB5.30/kg, with a week on week growth of 1.0%, down 3.5% YoY.

Among them, the week wholesale prices of orange, kyoho grape, watermelon, pear and apple were RMB2.77/kg, RMB8.62/kg,

RMB3.09/kg, RMB4.56/kg and RMB8.12/kg respectively, with a week on week growth of 4.9%, 4.2%, 3.0%, 1.8% and 1.8%

respectively. However, those of banana and pineapple were RMB5.65/kg and RMB4.26/kg respectively, with a week on week

decrease of 4.9% and 4.5% respectively. All in all, the trading volume of seven kinds of fruit in last week was 6,060,000 tonnes, with

a week on week growth of 1.3%.



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Price information of international bulk agricultural produces market on 1 Dec.-7 Dec. 2014

- Prices of soybean, soybean oil, palm oil and sugar decreased

The closed week average price of recent futures contract of soybean and soybean oil in the US Chicago Mercantile Exchange

(CME)was USD372/t and USD700/t respectively, with a week on week decreases of 2% and 4%, down 23% and 21% YoY

respectively. Malaysia palm oil's week average CIF price in Rotterdam Port of the Netherlands was USD688/t, with a week on

week decrease of 3% but down 25% YoY.

Moreover, week average price of sugar of International Sugar Council was USD0.156/pound, with a week on week decrease of 4%

but down 8% YoY.

- Prices of rice and corn both basically got even

FOB week average price of rice with 100% B grade and 5% broken rate in Bangkok of Thailand was USD428/t and USD419/t,

which got even compared with last week, both down 6% YoY. The closed week average price of recent futures contract of corn in

the US Chicago Mercantile Exchange (CME) was USD147/t, which also got even compared with last week, with a YoY decrease of

11%.

- Prices of wheat and cotton rose

The closed week average price of recent futures contract of wheat in the US Chicago Mercantile Exchange (CME) was USD222/t,

with a week on week increase of 8% but down 6% YoY. The week average price of international cotton price index (SM grade) was

USD0.7454/pound, with a week on week increase of 1% but down 17% YoY.

Market price of indica rice in China on 24 Dec., 2014

Table 13: Market price of indica rice in China, 24 Dec., 2014

Region Province ProductMarket price, USD/t

Lowest price Highest price

Central ChinaHubei Province

Fengliangyou indica rice 433.44 477.44

Southern ordinary late indica rice 423.67 449.74

Southern huanghuazhan indica rice 472.55 495.36

Henan Province Late indica rice 469.29 466.20

East China Jiangxi Province Indica rice 420.41 518.18

Source: CCM

Market price of japonica rice in China on 24 Dec., 2014



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Table 14: Market price of japonica rice in China, 24 Dec., 2014

Region Province Product Market price, USD/tLowest price Highest price

East China Jiangsu Province Jiangsu japonica rice 462.77 492.11

Northeast China /

Northeast rounded grain japonica rice 475.81 511.66Northeast long grain japonica rice 495.36 524.69Jilin super japonica rice 508.40 521.44Northeast japonica rice 475.81 531.21

Source: CCM

Market price of indica milled rice in China on 24 Dec., 2014

Table 15: Market price of indica milled rice in China, 24 Dec., 2014

Region Province/City Product Market price, USD/tLowest price Highest price

East China

Anhui Province Indica milled rice 602.91 707.20Jiangxi Province Indica milled rice 612.69 798.45Nanchang City, Jiangxi Province Indica milled rice 690.90 730.01Fuzhou City, Jiangxi Province Ordinary late indica milled rice 602.91 684.38

Central China

Hubei Province Indica milled rice 658.31 730.01Jingzhou City, Hubei Province Fengliangyou indica milled rice 661.57 700.68Changde City, Hunan Province Ordinary late indica milled rice 586.62 684.38Yiyang City, Hunan Province Huanghuazhan indica milled rice 700.68 798.45Hunan Province Indica milled rice 599.65 798.45

Southwest China / Ordinary late indica milled rice 583.36 684.38

Source: CCM

Market price of japonica milled rice in China on 24 Dec., 2014

Table 16: Market price of japonica milled rice in China, 24 Dec., 2014

Region Province Market SpecificationMarket price, USD/t


East China

Jiangsu Province Jiangsu Lianyungang Above grade three 635.50 671.35Jiangsu Province Jiangsu Above grade three 615.95 684.38Jiangsu Province Xuzhou Above grade three 625.72 681.13Jiangsu Province Huaian Above grade three 619.21 668.09Jiangsu Province Taizhou Above grade three 635.50 677.87Jiangsu Province Changzhou Above grade three 648.54 684.38

Northeast China

/ Northeast Long grain fragrant 743.05 782.15/ Northeast Super rice 700.68 726.75/ Northeast Pearl rice 668.90 726.75Heilongjiang Province Jiansanjiang Pearl rice 671.35 689.27Heilongjiang Province Qiqihar Pearl rice 677.87 694.16Heilongjiang Province Suihua Pearl rice 677.87 700.68Heilongjiang Province Mishan Pearl rice 677.87 694.16Jilin Province Dehui Super rice 707.20 726.75Jilin Province Songyuan Super rice 707.20 726.75Liaoning Province Yingkou Pearl rice 700.68 720.23Liaoning Province Panjin Pearl rice 703.94 726.75Liaoning Province Shenyang Long grain fragrant 700.68 726.75

Source: CCM

Market price of wheat in China on 24 Dec., 2014



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Table 17: Market price of wheat in China, 24 Dec., 2014



North ChinaHebei Province Handan National standard of grade two 417.15 423.67Hebei Province Baoding National standard of grade three 417.15 423.67Hebei Province Shijiazhuang National standard of grade three 420.41 423.67

East China

Shandong Province Weifang National standard of grade three 418.78 430.18Shandong Province Heze National standard of grade three 411.45 420.41Shandong Province Dezhou National standard of grade three 417.15 420.41Shandong Province Jining National standard of grade two 410.63 423.67Shandong Province Zibo WS 439.96 456.26Jiangsu Province Xuzhou National standard of grade three 410.63 413.89Jiangsu Province Taizhou National standard of grade three 395.97 407.37Anhui Province Fuyang National standard of grade three 391.08 397.59Anhui Province Suzhou National standard of grade three 410.63 413.89

Central China

Henan Province Zhengzhou Commodity Exchange WS 415.03 415.03Henan Province Zhengzhou Commodity Exchange WS 415.03 415.03Henan Province Zhengzhou National standard of grade two 400.85 419.59Henan Province Xinxiang National standard of grade two 407.37 413.89Henan Province Shangqiu National standard of grade three 410.63 413.89

Source: CCM

Market price of bran in China on 24 Dec., 2014

Table 18: Market price of bran in China, 24 Dec., 2014

Region Province Market Market price, USD/tLowest price Highest price

North China Hebei Province Shijiazhuang 254.20 260.72

East ChinaAnhui Province Suzhou 277.01 280.27

Shandong Province Dezhou 257.46 260.72Jiangsu Province Xuzhou 277.01 280.27

Central China Henan Province Shangqiu 280.27 283.53

Source: CCM

Market price of flour in China on 24 Dec., 2014



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Table 19: Market price of flour in China, 24 Dec., 2014



North China

Hebei Province Shijiazhuang Special flour of grade one 492.11 498.62

Hebei Province Shijiazhuang Special flour 518.18 524.69

Hebei Province Shijiazhuang Special flour of grade two 469.29 475.81Hebei Province Shijiazhuang Standard flour 404.11 410.63Hebei Province Shijiazhuang Middling flour 293.31 309.60

East China

Anhui Province Suzhou Middling flour 325.90 342.19Anhui Province Suzhou Standard flour 423.67 430.18Anhui Province Suzhou Special flour of grade two 462.77 469.29

Anhui Province Suzhou Special flour 495.36 508.40

Anhui Province Suzhou Special flour of grade one 482.33 488.85Jiangsu Province Xuzhou Special flour of grade two 469.29 482.33Jiangsu Province Xuzhou Special flour of grade one 488.85 495.36

Jiangsu Province Xuzhou Special flour 501.88 508.40

Jiangsu Province Xuzhou Standard flour 426.93 433.44Jiangsu Province Xuzhou Middling flour 325.90 342.19Shandong Province Dezhou Middling flour 293.31 309.60Shandong Province Dezhou Standard flour 410.63 417.15Shandong Province Dezhou Special flour of grade two 475.81 482.33Shandong Province Dezhou Special flour of grade one 495.36 501.88

Shandong Province Dezhou Special flour 521.44 524.69

Central China

Henan Province Shangqiu Special flour 495.36 501.88

Henan Province Shangqiu Special flour of grade one 482.33 488.85Henan Province Shangqiu Special flour of grade two 459.52 466.03Henan Province Shangqiu Standard flour 417.15 423.67Henan Province Shangqiu Middling flour 325.90 342.19

Source: CCM

Market price of sorghum in China on 24 Dec., 2014

Table 20: Market price of sorghum in China, 24 Dec., 2014

Region Province/Autonomous Region Market Specification Market price, USD/tLowest price Highest price

North ChinaInner Mongolia Autonomous Region Chifeng 14% moisture, bulk density of over 720 351.97 351.97Inner Mongolia Autonomous Region Tongliao 14% moisture, bulk density of over 720 351.97 358.49

Northeast ChinaHeilongjiang Province / moisture, bulk density of over 720 351.97 358.49Jilin Province Songyuan 14% moisture, bulk density of over 720 351.97 355.23

Source: CCM

Market price of conventional maize in China on 24 Dec., 2014



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Table 21: Market price of conventional maize in China, 24 Dec., 2014


North China

Hebei Province / National standard of grade two 350.34 363.38

Hebei Province Shijiazhuang National standard of grade two 350.34 361.75

Hebei Province Qinhuangdao National standard of grade two 355.23 363.38

Hebei Province Xingtai National standard of grade two 350.34 361.75

Hebei Province Langfang National standard of grade two 355.23 361.75

Inner Mongolia Autonomous Region / National standard of grade two 361.75 368.26

Shanxi Province Yuncheng National standard of grade two 355.23 365.01

Shanxi Province Jinzhong National standard of grade two 351.97 365.01

East China

Anhui Province Fuyang National standard of grade two 351.97 361.75

Fujian Province Fuzhou National standard of grade two 402.48 410.63

Fujian Province Zhangzhou National standard of grade two 399.22 410.63

Jiangsu Province Lianyungang National standard of grade two 400.85 410.63

Jiangsu Province Nantong National standard of grade two 404.11 413.89

Shandong Province Liaocheng National standard of grade two 350.34 369.89

Shandong Province Linyi National standard of grade two 358.49 366.63

Shandong Province Binzhou National standard of grade two 361.75 374.78

Shandong Province Weifang National standard of grade two 363.38 371.52

Shandong Province Heze National standard of grade two 356.86 366.63



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Shandong Province Zaozhuang National standard of grade two 365.01 368.26

Shandong Province Dezhou National standard of grade two 350.34 358.49

Shandong Province / National standard of grade two 365.01 374.78



Zhejiang Province Jiaxing National standard of grade two 404.11 412.26

South China

Guangdong Province Shekou Port National standard of grade two 392.71 397.59

Guangdong Province Guangzhou National standard of grade two 400.85 410.63

Guangxi Zhuang Autonomous Region Nanning National standard of grade two 409 412.26

Guangxi Zhuang Autonomous Region Guilin National standard of grade two 410.63 418.78

Central China

Henan Province / National standard of grade two 358.49 373.15

Henan Province Zhengzhou National standard of grade two 358.49 371.52

Henan Province Hebi National standard of grade two 358.49 369.89

Henan Province Zhoukou National standard of grade two 361.75 373.15

Henan Province Jiaozuo National standard of grade two 358.49 368.26

Hubei Province Wuhan National standard of grade two 410.63 420.41

Hunan Province Changsha National standard of grade two 410.63 420.41

Hunan Province Yueyang National standard of grade two 407.37 418.78



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Southwest China

Guizhou Province Guiyang National standard of grade two 423.67 431.81

Sichuan Province Chengdu National standard of grade two 422.04 430.18

Yunnan Province Kunming National standard of grade two 426.93 439.96

Northwest China

Gansu Province Wuwei National standard of grade two 399.22 407.37

shaanxi Province Xi'an National standard of grade two 363.38 374.78

Xinjiang Uygur Autonomous Region Changji National standard of grade two 355.23 361.75

Northeast China

Heilongjiang Province / National standard of grade two 335.67 351.97

Heilongjiang Province Suihua National standard of grade two 342.19 351.97

Heilongjiang Province Qiqihar National standard of grade two 335.67 342.19

Heilongjiang Province National standard of grade two 338.93 342.19

Heilongjiang Province Jiamusi National standard of grade two 342.19 348.71

Jilin Province Changchun National standard of grade two 353.6 360.12

Jilin Province Songyuan National standard of grade two 351.97 365.01

Jilin Province Jilin National standard of grade two 355.23 361.75

Jilin Province Siping National standard of grade two 361.75 365.01

Jilin Province / National standard of grade two 353.6 365.01

Liaoning Province Dalian Commodity Exchange National standard of grade two 371.69 371.69

Liaoning Province Dalian Commodity Exchange National standard of grade two 384.88 384.88



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Liaoning Province / National standard of grade two 360.12 369.89

Liaoning Province Jinzhou Port National standard of grade two 373.15 374.78

Liaoning Province Jinzhou National standard of grade two 361.75 366.63

Liaoning Province Tieling National standard of grade two 361.75 363.38

Liaoning Province Shenyang National standard of grade two 361.75 363.38

Liaoning Province Anshan National standard of grade two 360.12 363.38

Source: CCM

Market price of corn germ in China on 24 Dec., 2014

Table 22: Market price of corn germ in China, 24 Dec., 2014

Region Province/Autonomous Region Specification Market price, USD/tLowest price Highest price

North ChinaInner Mongolia Autonomous Region Containing 40% fat 570.32 586.62Hebei Province Containing 40% fat 586.62 594.76

East China Shandong Province Containing 40% fat 594.76 606.17Northeast China Heilongjiang Province Containing 37%-38% fat 537.73 545.88

Source: CCM

Market price of soybean in China on 24 Dec., 2014

Table 23: Market price of soybean in China, 24 Dec., 2014

Region Province Market Specification Market price, USD/tLowest price Highest price

East China

Anhui Province Baishan Town Ordinary commercial bean 835.28 863.63Anhui Province Suzhou Ordinary commercial bean 814.74 821.26Anhui Province Haozhou Ordinary commercial bean 814.74 821.26Shandong Province Shandong Port Imported soybean 558.91 562.17

South China Guangdong Province Baiyun District Ordinary commercial bean 808.23 814.74

Central ChinaHenan Province Shangqiu Ordinary commercial bean 814.74 821.26Henan Province Zhoukou Ordinary commercial bean 814.74 831.04

Northeast China

Heilongjiang Province Mudanjiang Ordinary commercial bean 716.97 733.27Heilongjiang Province Harbin Ordinary commercial bean 710.46 716.97Heilongjiang Province Hailun Ordinary commercial bean 733.27 743.05Heilongjiang Province Hailun Ordinary commercial bean 700.68 716.97Liaoning Province Dalian Commodity Exchange National standard of grade three soybean 747.93 747.93Liaoning Province Dalian Commodity Exchange National standard of grade three soybean 715.02 715.02

Source: CCM

Market price of vigna radiata in China on 24 Dec., 2014



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Table 24: Market price of vigna radiata in China, 24 Dec., 2014


North ChinaHebei Province / Pellet ( short-strawsieve: 2.8 mm) 1,515.42 1,564.31Hebei Province Zhangjiakou City Pellet ( short-strawsieve: 2.8 mm) 1,515.42 1,564.31

Northeast ChinaJilin Province / Pellet ( short-strawsieve: 3.0 mm) 1,596.90 1,662.08Jilin Province Songyuan City Pellet ( short-strawsieve: 3.0 mm) 1,596.90 1,662.08

Source: CCM

Market price of vigna angularis in China on 24 Dec., 2014

Table 25: Market price of vigna angularis in China, 24 Dec., 2014


Northwest ChinaShaanxi Province / Pellet ( short-strawsieve: 4.0 mm) 1,238.41 1,254.71Shaanxi Province Yulin City Pellet ( short-strawsieve: 4.0 mm) 1,238.41 1,254.71

Northeast ChinaHeilongjiang Province Lindian County Pellet ( short-strawsieve: 3.5 mm) 1,352.47 1,368.77Heilongjiang Province / Pellet ( short-strawsieve: 3.5 mm) 1,352.47 1,368.77

Source: CCM

Market price of potato in China on 24 Dec., 2014

Table 26: Market price of potato in China, 24 Dec., 2014


North China

Hebei Province Weichang County Kexin No.1, >100g 130.36 136.88Hebei Province Weichang County Holland No.15, >100g 195.54 211.83Inner Mongolia Autonomous Region Ulanqab City Kexin No.1, >150g 140.14 156.43Inner Mongolia Autonomous Region Wuchuan County Kexin No.1, >150g 136.88 156.43

East ChinaShandong Province Tengzhou City >100g 293.31 309.60Shandong Province Tengzhou City Holland No.15, >150g 391.08 407.37

Southwest China Yunnan Province Huize County >150g 228.13 260.72

Northwest China

Gansu Province Dingxi City Qingshu No.9, >200g 162.95 169.47Gansu Province Dingxi City Emilia sonchifolia, >200g 162.95 169.47Ningxia Hui Autonomous Region Xiji County Qingshu No.9, >200g 169.47 169.47Ningxia Hui Autonomous Region Xiji County Emilia sonchifolia, >200g 159.69 159.69Shaanxi Province Dingbian County Kexin No.1, >150g 198.80 198.80

Northeast China Heilongjiang Province Nehe City Kexin No.13, >100g 136.88 136.88

Source: CCM

Market price of rapeseed in China on 24 Dec., 2014

Table 27: Market price of rapeseed in China, 24 Dec., 2014


East ChinaAnhui Province Chaohu City National standard grade three 831.04 847.33Jiangsu Province Changshu City National standard grade three 814.74 847.33Jiangsu Province Yancheng City National standard grade three 814.74 847.33

Central China

Henan Province Zhengzhou Commodity Exchange National standard grade three 718.60 718.60Henan Province Zhengzhou Commodity Exchange National standard grade three 715.34 715.34Hubei Province Xiangyang City National standard grade three 831.04 839.19Hubei Province Jingmen City National standard grade three 801.71 831.04Hubei Province Jingzhou City National standard grade three 801.71 831.04Hunan Province Xiangtan City National standard grade three 814.74 831.04

Southwest China Sichuan Province Chengdu City National standard grade three 855.48 871.78



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Source: CCM

Market price of peanut in China on 24 Dec., 2014

Table 28: Market price of peanut in China, 24 Dec., 2014

Region Province Market Specification Market price, USD/tLowest priceHighest price

North China Hebei Province Tangshan City Variety: white sand; short-strawsieve: 6.5 mm; selected peanut kernel 1,841.32 1,857.62

East China

ShandongProvince Ju County, Rizhao City Oil peanut kernel 1,401.36 1,401.36

ShandongProvince Xintai County, Tai'an City Oil peanut kernel 1,401.36 1,401.36

ShandongProvince Linyi City Oil peanut 1,173.23 1,417.65

Central China

Henan Province Zhumadian City Variety: white sand; short-strawsieve: 7 mm; unselected peanutkernel 1,466.54 1,548.01

Henan Province Zhengzhou City Variety: sea flower; unselected peanut kernel 1,450.24 1,450.24Henan Province / Oil peanut 1,173.23 1,433.95

Henan Province Huaiyang County, ZhoukouCity Oil peanut kernel 1,368.77 1,368.77

Henan Province Shangqiu City Oil peanut kernel 1,401.36 1,417.65Hubei Province Yicheng City Oil peanut kernel 1,678.37 1,678.37

NortheastChina

Jilin Province Songyuan City Variety: silihong; short-strawsieve: 5.5 mm; selected peanut kernel 1,759.85 1,825.03Liaoning Province Jinzhou City Variety: white sand; short-strawsieve: 9 mm; selected peanut kernel 1,857.62 1,873.91Liaoning Province / Oil peanut 1,205.82 1,613.19Liaoning Province Xingcheng City Oil peanut kernel 1,548.01 1,564.31Liaoning Province Heishan County Oil peanut kernel 1,629.49 1,678.37

Source: CCM

Market price of cotton in China on 24 Dec., 2014



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Table 29: Market price of cotton in China, 24 Dec., 2014

Region Province/City/ Autonomous Region Market Specification Market price, USD/tLowest price Highest price

North China

Hebei Province Hengshui City White cotton of grade 3128 2,134.63 2,150.92Hebei Province Dongguang County White cotton of grade 3128 2,134.63 2,150.92Hebei Province Xinji City White cotton of grade 3128 2,134.63 2,142.78Hebei Province Handan City White cotton of grade 3128 2,118.33 2,134.63Tianjin City / White cotton of grade 3128 2,118.33 2,134.63Shanxi Province Yuncheng City White cotton of grade 3128 2,102.04 2,102.04

East China

Anhui Province Chaohu City White cotton of grade 3128 2,167.22 2,199.81Anhui Province Anqing City White cotton of grade 3128 2,150.92 2,199.81Jiangsu Province Yancheng City White cotton of grade 3128 2,232.40 2,281.28Jiangsu Province Zhangjiagang City Indian cotton S-6, 1-5/32 2,346.46 2,362.76Jiangsu Province Zhangjiagang City American cotton SM, 1-1/8 2,574.59 2,672.36Jiangxi Province Jiujiang City White cotton grade 3128 2,183.51 2,216.10Shandong Province Qingdao Port Indian cotton S-6, 1-5/32 2,313.87 2,362.76Shandong Province Qingdao Port American cotton SM, 1-1/8 2,639.77 2,688.65Shandong Province Linqing City White cotton of grade 3128 2,102.04 2,118.33Shandong Province Juye County White cotton of grade 3128 2,102.04 2,118.33Shandong Province Binzhou City White cotton of grade 3128 2,102.04 2,118.33Shandong Province Dongying City White cotton of grade 3128 2,102.04 2,118.33Shandong Province Xiajin County White cotton of grade 3128 2,118.33 2,134.63

Central China

Henan Province Nanyang City White cotton of grade 3128 2,134.63 2,150.92Henan Province Kaifeng City Lighter spotted of grade 2228 2,004.27 2,036.86Henan Province Zhengzhou Commodity Exchange White cotton of grade 3128 2,085.74 2,085.74Henan Province Zhengzhou Commodity Exchange White cotton of grade 3128 2,107.74 2,107.74Hubei Province Huanggang City White cotton of grade 3128 2,102.04 2,167.22Hubei Province Zhijiang City White cotton of grade 3128 2,134.63 2,183.51Hubei Province Xiantao City Lighter spotted of grade 2228 2,102.04 2,118.33Hunan Province Changde City Lighter spotted of grade 2228 2,085.74 2,118.33Hunan Province Yueyang City White cotton of grade 3128 2,313.87 2,395.35

Northwest China

Xinjiang Uygur Autonomous Region Aksu City White cotton of grade 3128 2,264.99 2,297.58Xinjiang Uygur Autonomous Region Changji City White cotton of grade 3128 2,264.99 2,297.58Xinjiang Uygur Autonomous Region Kuerle City White cotton of grade 3128 2,281.28 2,313.87Xinjiang Uygur Autonomous Region Bachu County White cotton of grade 3128 2,281.28 2,297.58Xinjiang Uygur Autonomous Region Kuitun City White cotton of grade 3128 2,264.99 2,281.28Xinjiang Uygur Autonomous Region Kuitun City Micro-fleece white cotton of grade 229 2,330.17 2,346.46Xinjiang Uygur Autonomous Region / long-staple cotton of grade 137 4,367.03 4,432.21

Source: CCM

Market price of cotton linter in China on 24 Dec., 2014

Table 30: Market price of cotton linter in China, 24 Dec., 2014


North ChinaHebei Province Dongguang County Refined cotton 505.14 505.14Hebei Province Xingtai City Refined cotton 505.14 505.14Shanxi Province Yuncheng City Filament paddle 488.85 488.85

East China

Anhui Province Anqing City Staple fiber normal fibre 439.96 448.11Jiangxi Province Jiujiang City Staple fiber normal fibre 358.49 391.08Shandong Province Xiajin County Filament paddle 456.26 472.55Shandong Province Xiajin County Refined cotton 488.85 496.99Shandong Province Xiajin County Staple fiber normal fibre 439.96 32.59Shandong Province Wucheng County Filament paddle 472.55 472.55Shandong Province Liaocheng City Filament paddle 472.55 472.55Shandong Province Zhouping County, Binzhou City Filament paddle 521.44 529.58Shandong Province Boxing County, Binzhou City Refined cotton 521.44 521.44Shandong Province Jiaxiang County, Jining City Filament paddle 464.40 472.55

Central ChinaHenan Province Xinxiang City Staple fiber normal fibre 439.96 439.96Hubei Province Tianmen City Staple fiber normal fibre 439.96 456.26Hunan Province Changde City Staple fiber normal fibre 391.08 439.96

Source: CCM



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Market price of cotton seed in China on 24 Dec., 2014

Table 31: Market price of cotton seed in China, 24 Dec., 2014

Region Province/Autonomous Region Market Market price, USD/tLowest price Highest price

North China Hebei Province Handan City 374.78 381.30

East ChinaJiangxi Province Jiujiang City 351.97 358.49Shandong Province Xiajin County 387.82 387.82

Central ChinaHenan Province Yushi County 355.23 358.49Hubei Province Huanggang City 358.49 358.49

Northwest China Xinjiang Uygur Autonomous Region Aksu City 267.24 270.49

Source: CCM

Market price of cotton seed expeller in China on 24 Dec., 2014

Table 32: Market price of cotton seed expeller in China, 24 Dec., 2014

Region Province/ Autonomous Region Market Specification Market price, USD/tLowest price Highest price

North China Hebei Province Handan City 50% protein content 521.44 521.44

East ChinaJiangxi Province Jiujiang City 42% protein content 382.93 391.08Shandong Province Xiajin County 40% protein content 391.08 391.08

Central ChinaHenan Province Yushi County 42% protein content 382.93 391.08Hubei Province Huanggang City 42% protein content 382.93 391.08

Northwest China Xinjiang Uygur Autonomous Region Aksu City 42% protein content 293.31 301.46

Source: CCM

Market price of sesame in China on 24 Dec., 2014

Table 33: Market price of sesame in China, 24 Dec., 2014

Region Province Market Specification Market price, USD/tLowest Price Highest price

East ChinaShandong Province Huangdao District Imported sesame 2,297.58 2,313.87Jiangxi Province / Domestic sesame 2,933.08 2,933.08

Central ChinaHunan Province / Domestic sesame 2,281.28 2,313.87Hubei Province / Domestic sesame 2,411.64 2,411.64

Source: CCM

Market price of sugar in China on 24 Dec., 2014

Table 34: Market price of sugar in China, 24 Dec., 2014

Region Province/Autonomous Region Producer Specification Market price, USD/t

South ChinaGuangxi Zhuang Autonomous Region Guangxi Yangpu Nanhua Sugar Industry Group Co., Ltd. White sugar of grade one 699.05Guangxi Zhuang Autonomous Region Guangxi Dongtang Investment Co., Ltd. White sugar of grade one 699.05

Southwest ChinaYunnan Province Yunnan Yinmore Sugar Group Co., Ltd. White sugar of grade one 681.13Yunnan Province Yunnan Yangpu Nanhua Sugar Paper Co., Ltd. White sugar of grade one 677.87

Source: CCM

Import & Export Dynamics

YoY indexes of exported crop farming commodity in China, Aug. 2014



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Table 35: YoY indexes of exported crop farming commodity in China, Aug. 2014

Industry Price index, % Quantity index, %

Crop farming, forestry, husbandry and fishery 109.1 96.5

Crop farming 114 98.2Forestry 108.4 97.8Husbandry 99.2 103.8Fishery 95.4 103.7

Note: 1. The industries are classified according to the classifications of national economic industries; 2. The crop farming industry refers to the agricultural

industry in the national economic industries.

Source: China Customs and CCM

YoY indexes of imported crop farming commodity in China, Aug. 2014

Table 36: YoY indexes of imported crop farming commodity in China, Aug. 2014

Industry Price index, % Quantity index, %

Crop farming, forestry, husbandry and fishery 93.6 101.9

Crop farming 94.4 94.3Forestry 87.5 124.3Husbandry 101.7 105.2Fishery 97.1 120.1

Note: 1. The industries are classified according to the classifications of national economic industries; 2. The crop farming industry refers to the agricultural

industry in the national economic industries.


Imports of major agricultural produce in China, Nov. 2014



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Table 37: Imports of major agricultural produce in China, Nov. 2014

Product

Nov. 2014 Jan.–Nov. 2014 YoY change, % (Nov.) YoY change, % (Jan.–Nov. )

Quantity Value, '000 (USD) Quantity Value, '000 (USD) Quantity Value Quantity Value

1. Fresh and dry fruits and nuts, '000 tonnes 250 3,205,410 3,390 44,504,510 25.5 31.3 18.9 22.3

1.1. Banana (musa basjoo included), tonne 114,865 88,446 956,033 700,745 162.8 180 110.3 134.9

1.2. Longan, tonne 23,125 15,657 281,212 295,789 -32.9 -50 -4.3 -18.2

2. Grain, '000 tonnes 8,020 36,123,240 88,610 438,712,590 -11.5 -18.7 15.8 8

2.1. Grain and grain starch, '000 tonnes 1,490 4,688,020 17,140 54,894,080 -31.1 -32.5 33.3 21.1

2.1.1. Corn, '000 tonnes 260 708,760 1,990 5,659,610 -67.5 -68.5 -18.5 -20.6

2.1.2. Wheat, '000 tonnes 50 134,960 2,950 9,602,060 -95.3 -95.7 -42.6 -45.2

2.1.2.1. Wheat starch, tonne 2,295 1,120 27,419 13,467 -43.6 -43.6 23.6 14.7

2.1.3. Barley, '000 tonnes 140 403,290 4,630 13,543,000 41.0 32.3 116.5 85.4

2.1.4. Paddy and rice, '000 tonnes 230 1,119,990 2250 10,918,230 25 26.1 9.4 13.2

2.2. Soybean, '000 tonnes 6,030 30,083,750 62,870 360,952,440 -0.1 -13.9 12.3 6.8

3. Edible plant oil, '000 tonnes 400 3,358,440 5,920 54,701,600 -48.5 -52.4 -18.8 -25.5

3.1. Soybean oil, '000 tonnes 10 95,150 1,090 10,575,870 -94.3 -94.5 2.5 -10.7

3.2. Peanut oil, tonne 13,398 16,605 82,835 102,771 373 294.4 44.8 0.1

3.3. Olive oil, tonne 3,651 15,736 32,306 138,193 20.5 8 -10.4 -19.7

3.4. Palm oil, '000 tonnes 280 2,097,370 3,500 29,504,820 -39.4 -43.6 -19.2 -18.6

3.5. Seed oil and mustard oil, '000 tonnes 80 796,690 780 7,885,190 -13.2 -28.8 -45.9 -56.4

4. Edible sugar, '000 tonnes 300 1,194,570 3,120 13,493,230 -36.1 -41.4 -24 -28.3

5. Wine, '000 L 64,903 258,184 740,472 2,599,764 42.6 8.4 28 -7.8

5.1. Beer, '000 L 21,662 26,236 312,524 371,985 52.2 37.9 86.4 75.9



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5.2. Grape wine, '000 L 38,704 207,227 359,674 1,991,103 40 4 -2.5 -14.6

6. Cotton, '000 tonnes 90 1,738,340 2,170 45,114,120 -46.8 -55.1 -38.5 -37

Agricultural produce / 8,728,970 / 110,165,113 / -18.6 / 4

Total value of imported commodity / 157,186,291 / 1,782,887,471 / -6.7 / 0.8


Exports of major agricultural produce in China, Nov. 2014



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Table 38: Exports of major agricultural produce in China, Nov. 2014

Product

Nov. 2014 Jan.–Nov. 2014 YoY change (Nov.),%

YoY change (Jan.–Nov.),%

Quantity Value, '000 (USD) Quantity Value, '000

(USD) Quantity Value Quantity Value

1. Grain, '000 tonnes 260 252,346 1,870 1,759,439 31.1 30.4 -16.8 -11

1.1. Grain and grain starch, '000 tonnes 130 117,269 610 468,285 46.7 68.1 -31.8 -24.3

1.1.1. Paddy and rice, tonne 108,917 102,244 345,502 309,864 114.8 111.3 -24.2 -20.7

1.1.2. Corn, tonne 1,308 723 18,192 6,651 -49.8 -42.1 -75.6 -79.2

1.1.3. Root and tuber crops and other tubers including starch, '000tonnes 60 51,528 600 416,517 34.7 45.6 57.2 59.7

1.1.4. Soybean, '000 tonnes 70 83,549 670 874,637 7.5 -5.4 -31.9 -20.3

2. Vegetable, '000 tonnes 710 913,951 7,270 8,835,794 8.4 11.3 3.7 9.8

2.1. Fresh or frozen vegetable, '000 tonnes 470 350,652 5,040 3,441,734 12.2 29 8.2 12.6

2.2. Dry edible mushrooms, tonne 9,864 176,813 94,638 1,662,521 -3.5 6.3 5.1 15

3. Fresh and dry fruits and nuts, '000 tonnes 420 563,848 2,320 3,458,023 -5.9 4.6 -8.2 5.4

3.1. Oranges, tonne 186,990 216,221 615,643 755,758 -4.3 -5.8 -1.7 6.43.2. Apple, tonne 104,849 131,824 781,588 929,981 -17.9 0.3 -10.9 2.43.3. Pear, tonne吨 33,124 40,042 268,043 315,623 14.6 44.2 -23.7 -5

3.4. Pine nuts, tonne 1,538 28,486 9,547 198,686 35.1 17.9 -2.8 2

4. Fruit and vegetable juice, '000 tonnes 40 58,550 490 711,280 -41.3 -45 -17.8 -22.7

4.1. Orange juice, '000 tonnes 310 632 4,129 8,215 -21.2 -18.8 -15.4 -14.4

4.2. Apple juice, '000 tonnes 30 45,629 420 587,409 -45.3 -51.2 -21 -26.6

5. Edible oil seed, '000 tonnes 60 89,355 500 703,296 -18.3 -16.3 -1.1 -5.1

5.1. Soybean, '000 tonnes 10 15,122 200 187,356 -13.4 -1.9 -1.7 -2.3

5.2. Peanut and peanut kernel, '000 tonnes 10 13,625 130 181,715 -36.5 -33.2 10.2 -5.1

6. Edible plant oil (palm oil included), tonne 12,171 16,575 118,274 179,362 -14.5 -24.5 11.9 2.1

6.1. Soybean oil, tonne 8,829 10,523 87,813 117,764 -22.4 -31.5 5.5 -1

6.2. Seed oil and mustard oil, tonne 429 598 5,606 8,111 -28 -40.7 1.7 -12.3

6.3. Peanut oil, tonne 718 1,671 8,930 20,399 -8.5 -27.7 45.3 1.2

7. Baked peanut, tonne 20,519 39,419 184,272 346,243 10.6 -8.7 7.8 -16.1

8. Edible sugar, tonne 3,223 2,901 41,556 34,229 -5.6 -2.8 -4.3 -10.3

9. Natural honey, tonne 13,698 29,110 117,616 235,115 6.1 10.3 4.3 5.5

10. Tea, tonne 24,902 117,062 272,433 1,154,240 -19.3 -1.3 -7.4 3.6



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11. Dry chilli, tonne 2,959 6,853 36,139 92,536 -43.5 -46.7 -17.4 -8.6

12. Botanical medicine, tonne 17,796 113,261 170,324 1,105,522 3.9 -0.3 -4.8 4.3

13. Flue-cured tobacco, tonne 9,023 40,336 81,058 391,789 11.5 4.8 -13.4 -7.1

14. Cotton, tonne 1,646 3,275 13,121 29,449 129.4 101.7 104.4 106.3

Agricultural produce / 6,827,731 / 64,182,233 / 6.4 / 6.9

Total value of exported commodity / 211,662,669 / 2,115,366,752 / 4.7 / 5.7

Note: Agricultural produce includes the products listed in the table.


Imports and exports of major agricultural produce in China according to category and type,Nov. 2014

Table 39: Imports and exports of major agricultural produce in China, Nov. 2014

CategoryExport, '000 (USD) Import, '000 (USD) YoY change,

% (Jan.–Nov.)

Nov. Jan.–Nov. Nov. Jan.–Nov. ExportImport

Type 2 Plant product 2,214,897 18,652,076 4,573,409 55,284,154 5.9 10.7

Chapter 6 Live trees and other live plants, bulb, root and likeness, leaves for flowerarrangements and for decoration 25,028 381,806 17,956 177,051 56.4 7.2

Chapter 7 Edible vegetable, root and bulb 773,456 7,383,355 138,194 2,322,146 5 0.1

Chapter 8 Edible fruit and nut, peel of melon and orange 598,449 3,730,883 330,617 4,555,718 3.8 21.6

Chapter 9 Coffee, tea, yerba mate and aromatic flavor 205,389 2,250,889 30,564 311,949 11.1 36.3

Chapter 10 Cereals 109,229 368,520 465,733 5,452,907 -23.4 21.4

Chapter 11 Flour milling industrial products, malt, starch, inulin & gluten 46,979 560,003 93,716 871,828 1.5 26.4

Chapter 12 Oil kernel and fruit, sundry kernel and fruit, medicinal or industrial plant and strawand feed 344,177 2,699,089 3,461,032 41,200,440 5.1 8.6

Chapter 13 Shellac, gum, resin and other plant fluids 103,258 1,182,453 18,459 209,527 13.9 0.5

Chapter 14 Plant materials for knitting and other plant products 8,931 95,079 17,138 182,587 19.1 8.4

Total value 211,662,6692,115,366,752157,186,2911,782,887,471 5.7 0.8

Source: CCM and China Customs

Imports and exports of major agricultural produce in China according to SITC, Nov. 2014



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Table 40: Imports and exports of major agricultural produce in China, Nov. 2014

Category Export, '000 (USD) Import, '000 (USD) YoY change, % (Jan.–Nov.)

Nov. Jan.–Nov. Nov. Jan.–Nov. Export ImportPrimary product 10,083,235 101,784,609 46,324,165 594,049,671 5.7 0.1Type 0 Food and live animal 5,715,887 52,966,309 3,198,620 42,657,234 6.1 13.8

Chapter 4 Cereals and cereal product 194,991 1,321,462 528,263 6,048,694 -8.3 20.9

Chapter 5 Vegetable and fruit 2,097,896 18,332,780 527,423 7,712,807 2.5 14

Chapter 6 Sugar, sugar product and honey 187,384 1,839,734 149,002 1,678,314 4.4 -23.9

Chapter 7 Coffee, tea, cocoa, flavor and related product 289,133 2,872,634 156,639 1,229,589 14.9 27.4

Chapter 8 Feed (excluding not milled grains) 188,874 3,022,742 186,268 4,161,339 18.8 13.5

Type 1 Drink and tobacco 297,301 2,594,335 525,585 4,761,977 16.1 6.2

Chapter 12 Tobacco and tobacco product 152,855 1,136,103 243,738 1,933,868 0.7 29.4

Type 2 Inedible raw material (excluding fuel) 1,328,554 14,285,099 19,008,422 247,491,881 8.8 -4.5

Chapter 22 Oilseed and oleaginous fruit 128,694 889,303 3,373,561 39,953,649 0.4 8.4

Chapter 26 Textile fiber and wastes 279,092 3,124,458 616,552 9,709,057 9.1 -24.3

Type 4 Animal and plant oil, fat and wax 51,636 562,464 597,658 7,805,857 5.9 -16.9

Chapter 42 Plant oil and fat 23,343 243,012 552,652 7,416,357 5.7 -17.7

Total value 211,662,669 2,115,366,752 157,186,291 1,782,887,471 5.7 0.8

Note: Agricultural produce is sorted out according to the Standard International Trade Classification (SITC).

Source: CCM and China Customs

Corn and rice from Myanmar allowed to enter into China in common trading ways

On 25 Sept., 2014, the 4th ASEAN-China Ministerial Meeting on Quality Supervision, Inspection and Quarantine on Strengthening

Sanitary and Phytosanitary Cooperation (SPS cooperation) was held in Naypyidaw, Myanmar.

Zhi Shuping, director of the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of

China attended the conference and signed a Memorandum of Understanding (MOU) on SPS, and a protocol regarding the

supervision, inspection and quarantine on rice and corn imported from Myanmar to China. This would solve the problem concerning

the access of Myanmar's rice and corn to China, indicating that the rice and corn from Myanmar will depend on common trading

means to enter into China.



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Total value of import and export of agricultural produce witness YoY increase in GuangdongProvince in Jan.-Oct. 2014

According to China Customs, in the first ten months of 2014, the total value of import and export of agricultural produces in

Guangdong Province reached USD20.31 billion (RMB124.62 billion), up by 8.6% over the same period of 2013 (similar

hereinafter).

Specifically,

Total export value: USD6.70 billion (RMB41.13 billion), up by 2.7%;

Total import value: USD13.60 billion (RMB83.49 billion), up by 11.7%;

Trade deficit: USD6.90 billion (RMB42.36 billion), up by 22%.

Of this:

Export value in Oct.: USD0.77 billion (RMB4.75 billion), up by 1.2%;

Import value in Oct.: USD1.12 billion (RMB6.87 billion), up by 7.1%.

In Oct., grains imported by Guangdong were valued at USD0.33 billion (RMB2.03 billion), up by 5.5%;

From Jan.–Oct., paddy and rice imported by Guangdong were valued at USD0.53 billion (RMB3.28 billion), up by 8.6%.

From Jan.–Oct., fresh and dry fruits and nuts exported by Guangdong were valued at USD156.43 million (RMB960 million), down by

38.3%;

From Jan.–Oct., fresh and dry fruits and nuts imported by Guangdong were valued at USD2.06 billion (RMB12.62 billion), up by

8.7%.

Price up and volume down seen in exports of vegetable in Guangdong Province in Jan.-Oct.2014

According to China Customs, in the first ten months of 2014, Guangdong Province exported 507,000 tonnes of vegetable, down by

6% over the same period of 2013 (similar hereinafter), which were valued at USD239.53 million (RMB1.47 billion), up by 11%. The

average export price was USD474.02/t (RMB2,909/t), up by 18.2%.

In Oct., Guangdong exported 51,000 tonnes of vegetable, down by 4.6%. These were valued at USD24.44 million (RMB150

million), up by 6.8%. The average export price was USD494.22/t (RMB3,033/t), up by 12%.

Guangdong's imports of edible sugar see YoY decreases in volume and price in Oct. 2014

According to China Customs, in the first ten months of 2014, Guangdong imported 396,000 tonnes of edible sugar, down by 30.2%

over the same period of 2013 (similar hereinafter). These were valued at USD 175.98 million (RMB1.08 billion), down by 33%. The

average import price was USD443.77/t (RMB2,723.4/t), down by 4.1%.

Of this, the import in Oct. reached 86,000 tonnes, down by 42.6%, which were valued at USD34.22 million (RMB210 million), down

by 46.9%. The average import price was USD391.63/t (RMB2,403.4/t), down by 7.5%.



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Guangdong's exports of traditional Chinese medicine see sharp YoY increase of 2.1 times inOct. 2014

According to China Customs, in the first ten months of 2014, Guangdong Province exported 120,000 tonnes of traditional Chinese

medicine (including patent prescription), up by 4.4% over the same period of 2013 (similar hereinafter). These were valued at

USD127.1 million (RMB780 million), up by 10%, with an average price of USD11.05/kg (RMB67.8/kg), up by 5.4%. Of this, the

export in Oct. reached 2,377.3 tonnes, sharply increasing by 2.1 times, with the value of USD17.92 million (RMB110 million),

soaring by 93.3%.

Guangdong's imports of soybean see YoY increase of 19.2% in Jan.-Oct. 2014

According to China Customs, Guangdong Province imported 3.63 million tonnes of soybean in the first ten months of 2014, up by

19.2% over the same period of 2013 (similar hereinafter). These were valued at USD2.13 billion (RMB13.06 billion), up by 13.5%,

with an average price of USD585.64/t (RMB3,594/t), down by 4%.

In Oct., Guangdong imported 385,000 tonnes of soybean, up by 6.8% year on year and 82% month on month. The average price

was USD523.88/t (RMB3,215/t), down by 16.1% year on year and 2.6% month on month.

Guangdong's imports of cotton see YoY decreases in volume and price in Oct. 2014

According to China Customs, in the first ten months of 2014, Guangdong Province imported 610,000 tonnes of cotton, down by

55.4% over the same period of 2013 (similar hereinafter), which were valued at USD125.47 million (RMB770 million), down by

56%. The average import price was USD2,120/t (RMB13,000/t), down by 1.5%. Of this, the import in Oct. was 6,878 tonnes, down

by 24.6%, with an average price of USD1,790/t (RMB11,000/t), down by 13.3%.

Fujian's imports of grains see large YoY decreases in Jan.-Oct. 2014

In the first ten months of 2014, the imports of grains (including cereals, cereal starch, beans and root and tuber crops) in Fujian

Province were 5.71 million tonnes, up by 41.9% over the same period of 2013 (similar hereinafter). These were valued at USD2.66

billion (RMB16.33 billion), up by 17.4%, with an average price of USD466.36/t (RMB2,862/t), down by 17.2%. Of this, the average

import price saw a large YoY decrease of 23.4% and a MoM decrease of 11.7%, to USD384.88/t (RMB2,362/t).

In the first ten months, the exports of grains from Fujian Province reached 10000 tonnes, down by 24.9%. These were valued at

USD9.78 million (RMB60 million), down by 38.4%.

Soybean was the major variety imported by Fujian Province. In the first ten months, the imports of soybean were 3.29 million tonnes

(up by 4.5%), accounting for 57.6% of the total. Meantime, the imports of wheat were 367,000 tonnes (down by 29.4%), accounting

for 6.4% of the total. Moreover, the imports of corn amounted to 422,000 tonnes (no imports in 2013), accounting for 7.4% of the

total.



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Fujian's imports of wheat see YoY decrease of 29.4% in Jan.-Oct. 2014

According to China Customs, in the first ten months of 2014, the imports of wheat in Fujian Province reached 367,000 tonnes, down

by 29.4% over the same period of 2013 (similar hereinafter). These were valued at USD120.58 million (RMB740 million), down by

35%, with an average import price of USD328.98/t (RMB2,018.9/t), down by 8%.

In Oct., the imports of wheat saw a sharp decrease to 1327 tonnes, down by 98.9% year on year and 95.1% month on month. The

average price was USD265.31/t (RMB1,628.2/t), down by 23.3% year on year and 24.8% month on month.

Fujian's exports of vegetable see YoY decrease of 9.2% in Jan.-Oct. 2014

According to China Customs, in the first ten months of 2014, the exports of vegetable in Fujian Province reached 336000 tonnes,

down by 9.2% over the same period of 2013 (similar hereinafter). These were valued at USD0.73 billion (RMB4.5 billion), down by

1.5%, with an average price of USD2,820/t (RMB17,300/t), up by 5.2% year on year and 5.6% month on month.

Among all the vegetable varieties exported from Fujian, carrot, cabbage and sweet corn were the major varieties. In Jan.–Oct., the

exports of carrot were 63,000 tonnes, down by 23%; the exports of cabbage were 35,000 tonnes, up by 20.1%; the exports of

sweet corn were 22,000 tonnes, up by 3.5%. The exports of these three vegetable accounted for 35.7% of the total.

Fujian's exports of fruits see increase in volume and price in Jan.-Oct. 2014

In the first ten months of 2014, the exports of fresh and dry fruits and nuts (mentioned as fruits hereinafter) reached 240,000 tonnes,

up by 4% over the same period of 2013 (similar hereinafter). These were valued at USD0.34 billion (RMB2.1 billion), up by 7.6%,

with an average price of USD1,428.5/t (RMB8,750/t), up by 3.5%. Specifically in Oct., Fujian exported 42,000 tonnes of fruits, down

by 21.5% year on year and up by 64.5% month on month. The average price was USD1,161.82/t (RMB7,130/t), down by 0.3% year

on year and 3.2% month on month.

Among the exported fruits, oranges and pomelo were the major varieties. From Jan. to Oct., the exports of oranges reached

122,000 tonnes (up by 1.3%), accounting for 50.8% of the total. Meanwhile, the exports of pomelo were 65,000 tonnes (down by

6.9%), accounting for 27.1% of the total.



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Shandong's imports of grains see YoY increase of 14.3% in Jan.-Oct. 2014

In the first ten months of 2014, Shandong Province exported 297,000 tonnes of grains (including cereals, cereal starch, beans and

root and tuber crops), up by 86.6% over the same period of 2013 (similar hereinafter). These were valued at

USD0.17 billion (RMB1.02 billion), up by 43.1%. Meanwhile, the imports of grains reached 17,350,000 tonnes, up by 22.7%. The

import value amounted to USD9.11 billion (RMB55.93 billion), up by 14.3%.

In Oct., the exports of grains were 27,000 tonnes, up by 47.6% year on year and down by 17.4% month on month. These were

valued at USD16.29 million (RMB100 million), up by 23.6%. Meantime, the imports reached 954,000 tonnes, down by 23.2%.

These were valued at USD0.48 billion (RMB2.94 billion), down by 30.8%.

In Oct., Shandong exported 27,000 tonnes of root and tuber crops (up by 48.3%), accounting for 99.1% of the total. In addition, the

exports of cereals and cereal starch were 159 tonnes, down by 18.6%. The exports of beans reached 75 tonnes, up by 34.5%.

Meanwhile, the imported soybean was 795,000 tonnes (down by 17.8%), accounting for 83.4% of the total. Moreover, the imported

wheat reached 29,000 tonnes, up by 4.5 times; the exported wheat was 4,000 tonnes, down by 94.9%; the imported paddy and rice

were 2,000 tonnes, up by 11.3%.

Shandong's imports of soybean see YoY increase of 21.7% in Jan.-Oct. 2014

In the first ten months of 2014, Shandong imported 14.08 million tonnes of soybean, up by 21.7% over the same period of 2013

(similar hereinafter). These were valued at USD8.18 billion (RMB50.22 billion), up by 15%, with an average price of USD581.08/t

(RMB3,566/t), down by 5.5%.

Specifically, the imports in Oct. were 795000 tonnes, down by 17.8%. These were valued at USD0.43 billion (RMB2.64 billion),

down by 27.6%, with an average price of USD539.85/t (RMB3,313/t), down by 12%.

Shandong's exports of vegetable see YoY increase of 6.4% in Jan.-Oct. 2014

In the first ten months of 2014, the exports of vegetable in Shandong Province reached 3,991,000 tonnes, up by 6.4% over the

same period of 2013 (similar hereinafter). These were priced at USD3.17 billion (RMB19.44 billion), up by 3.5%, with an average

price of USD934.35/t (RMB5,734/t), down by 2.7%. Of this, the exports in Oct. reached 355,000 tonnes, up by 12.3%. These were

valued at USD0.33 billion (RMB2.04 billion), up by 15.5%, with an average price of USD936.63/t (RMB5,748/t), up by 2.8% year on

year and 1.9% month on month.

Accordingly, garlic was the largest exported vegetable, accounting for one third of the total. In Oct., the exports of garlic witnessed a

YoY increase of 46.6% and accounted for 74.7% of the total. Moreover, its average export price increased by 7.8%.

In the first ten months of 2014, Shandong exported 1,111,000 tonnes of fresh or frozen garlic bulbs, up by 7.3%. The exported fresh

or frozen onions totaled 396,000 tonnes, up by 0.3%. They accounted for 44.4% of the total imported vegetable.

In the first ten months of 2014, the average export price of fresh or frozen garlic bulbs was USD0.72/kg (RMB4.4/kg), while the

average price of onions was USD0.37/kg (RMB2.3/kg), down by 17.5% and 19.4% respectively.



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Shandong's imports of edible sugar witness YoY decrease of 30.8% in Jan.-Oct. 2014

In the first ten months of 2014, the imports of edible sugar in Shandong Province reached 1,038,000 tonnes, down by 30.8% over

the same period of 2013 (similar hereinafter). These were valued at USD0.43 billion (RMB2.63 billion), down by 36.6%. The

average price was USD412.91/t (RMB2,534/t), down by 8.4%.

In Oct., the imports amounted to 160,000 tonnes, down by 56.4%. These were valued at USD61.92 million (RMB380 million), down

by 61.3%, with an average price of USD387.66/t (RMB2,379/t), down by 11.1%.

Xinjiang’s exports of agricultural produce see increase in volume and price in Jan.-Oct. 2014

According to China Customs, during Jan.-Oct. 2014, the export volume of agricultural produces in Xinjiang Port was 314,000

tonnes, with a YoY increase of 21.8% compared with the same period in last year. At the same time, its export value reached

USD0.4 billion (RMB2.45 billion), up 35.1% YoY, and its average export price was USD1,273.18/t (RMB7,813.4/t), up 10.9% YoY.

The main varieties of agricultural produces export are ketchup and fresh apple. In the first ten months of 2014, ketchup was the

highest one by value in the export of agricultural produces (canned weight>5kg), with its export value of USD70.07 million (RMB430

million), up 57.3% YoY. In the meantime, the export value of fresh apple was USD61.92 million (RMB380 million), down 1.4% YoY.

Xinjiang's exports of ketchup see increase in volume and price in Jan.-Oct. 2014

During Jan.-Oct. 2014, Xinjiang Port has exported 71,000 tonnes ketchup, up 16.3% YoY compared with that of the same period in

2013. Its export value was USD79.84 million (USD490 million), up 44.6% YoY. Besides, the average price of ketchup was

USD1,110.07/t (RMB6,812.4/t), up 24.3% YoY. In particular, in Oct., 2014, the export volume of ketchup was 10,000 tonnes, up

50.7% YoY, with its export value of USD9.87 million (RMB60.57 million) and increased by 58.4% YoY. Its average price in Oct.,

2014 was USD1,006.24/t (RMB6,175.2/t), up 5.1% YoY, with a month on month decline of 4.7%.

Xinjiang's import volume of licorice sees YoY decrease of 1% in Jan.-Oct. 2014

According to China Customs, during Jan.-Oct. 2014, Xinjiang Port has imported 37,000 tonnes licorice, down 1% YoY compared

with that of the same period in 2013. Its export value was USD50.51 million (RMB310 million), up 3.2% YoY. Meantime, the average

import price of licorice was USD1,372.81/t (RMB8,424.8/t), up 4.3% YoY. Of this, in Oct., 2014, the import volume of licorice in

Xinjiang Port was 6,000 tonnes, up 26% YoY, with its import value of USD7.32 million (RMB44.92 million) and increased by 12.6%

YoY. The average price of licorice in Oct., 2014 was USD1,266.88/t (RMB7,774.7 million), down 10.7% YoY, with a month on month

decline of 4.9%.



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Hebei's import value of agricultural produce sees YoY decrease of 1.5% in Jan.-Oct. 2014

According to China Customs, during Jan.-Oct. 2014, both import and export value of agricultural produces in Hebei

Provincereached USD3.99 billion (RMB24.46 billion), up 1.4% YoY compared with that of the same period in 2013. Among them,

the export value of agricultural produces reached USD1.43 billion (RMB8.78 billion), up 7.1% YoY. And its import value was

USD2.56 billion (RMB15.68 billion), down 1.5% YoY. In Oct., 2014, both export and import value of agricultural produces together

reached USD0.31 billion (RMB1.90 billion), down 24.9% YoY. Of this, its export value reached USD0.16 billion (RMB1 billion), up

13.6% YoY, while that of import hit USD0.15 billion (RMB0.9 billion), down 45.5% YoY.

As for the export value of agricultural produces in cities of Hebei Province, Cities of Qinhuangdao, Shijiazhuang, Baoding took the

first three places. During Jan.-Oct. 2014, the export value of agricultural produces in Qinhuangdao City and Shijiazhuang City was

USD0.54 billion (RMB3.33 billion) and USD0.3 billion (RMB1.83 billion), up 17.5% YoY and 7.6% YoY respectively. Also, the export

value of agricultural produces in Baoding City was USD0.2 billion (RMB1.21 billion), down 6.1% YoY.

While on the other hand, according to the import value of agricultural produces in cities of Hebei Province, Cities of Langfang,

Shijiazhuang, Qinhuangdao took the first three places. During Jan.-Oct. 2014, the import value of agricultural produces in Langfang

City and Shijiazhuang City was USD1.13 billion (RMB6.95 billion) and USD0.42 billion (RMB2.57 billion), up 11.3% YoY and 16.3%

YoY respectively. Also, that in Qinhuangdao City was USD0.37 billion (RMB2.3 billion), down 27.1% YoY.

During Jan.-Oct. 2014, the export value of vegetables in Hebei Province reached USD115.69 million (RMB710 million), up 27.7%

YoY. Plus, that of fresh, dried fruits and nuts was USD92.88 million (RMB570 million), up 1.1% YoY.

At the same time, the import value of soybean in Hebei Province hit USD1.35 billion (RMB8.27 billion), down 2.6% YoY. Also, that

of grain and grain powder together reached USD52.14 million (RMB320 million), up 94.3% YoY.

Hebei's import volume of soybean sees YoY decrease of 2.2% in Jan.-Oct. 2014

According tothe Shijiazhuang Customs, during Jan.-Oct. 2014, the import volume of soybean in Hebei Province was 2,186,000

tonnes, down 2.2% YoY compared with that of the same period in 2013. And its import value reached USD1.35 billion (RMB8.27

billion), with slight decrease of 2.6% YoY. In particular, in Oct., 2014, the import volume of soybean was 71,000 tonnes, down 71.2%

YoY, with a month on month decrease of 43.3%, while its import value reached USD35.85 billion (RMB220 billion), down 77.7%

YoY, with a month on month decrease of 4.3%.

During Jan.-Oct. 2014, only Langfang City and Qinhuangdao City imported the soybean around Hebei Province. As for Langfang

City, it has imported 1,760,000 tonnes soybean, up 10.3% YoY. While the soybean import volume of Qinhuangdao City was only

426,000 tonnes, down 33.5% YoY.



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Heilongjiang's import volume of grain sees YoY increase of 12.5% in Jan.-Oct. 2014

According to China Customs, during Jan.-Oct. 2014, Heilongjiang Province imported 2,827,000 tonnes grains (including grain and

grain powder, potato, starchy tubers and beans ), up 12.5% YoY compared with that of the same period in 2013. And its import

value was USD1.6 billion (RMB9.83 billion), up 6.4% YoY. Besides, its average import price was USD566.34/t (RMB3,475.6/t),

down 5.4% YoY.

Soybean is a main commodity variety of grain imports. In the first ten months of 2014, Heilongjiang Province's import volume of

soybean was 2,753,000 tonnes, up 12.9% YoY, accounting for 97.3% of the total grain import in the same period. Plus, it also

imported wheat and corn with the volume of 39,000 tonnes and 9,000 tonnes respectively and other varieties of grain commodity

with a small amount.

Zhejiang's imports of edible vegetable oil see decrease in volume and price in Jan.-Oct. 2014.

According to Hangzhou Customs, during Jan.-Oct. 2014, Zhejiang Province accumulatively imported edible vegetable oil for 97,000

tonnes, down 48.8% YoY compared with that of the same period in 2013. Its import value was USD94.51 million (RMB580 million),

down 58.9% YoY. The average import price of edible vegetable oil was USD982.25/t (RMB6,028/t), down 19.6% YoY.

The main imported varieties are rapeseed oil and mustard oil. In the first ten months of 2014, Zhejiang Province imported 69,000

tonnes of rapeseed oil and mustard oil, with a YoY decrease of 54.9%, accounting for 71.1% of the total imports of edible vegetable

oil over the same period. Besides, it also imported 22,000 tonnes palm oil, down 36.5% YoY, which accounted for 22.3% of the

total imports.

Yunnan's export value of agricultural produce sees YoY increase of 20.5% in Jan.-Oct. 2014

According to China Customs, during Jan.-Oct. 2014, Yunnan Province exported 1,177,000 tonnes agricultural produces and its

export value was USD2.29 billion (RMB14.04 billion), up 20.5% YoY compared with that of the same period in 2013. In particular,

its export value in Oct., 2014 was USD0.34 billion (RMB2.11 billion), with a YoY increase of 35.9%.

In the first ten months of 2014, Yunnan Province exported fruits for USD0.64 billion (RMB3.91 billion), up 35.9% YoY, accounting for

27.8% of the total export value of agricultural produces in Yunnan Province. For this, fruit has become the largest varieties in

agricultural produces exports in Yunnan Province. The export value of vegetables was USD0.61 billion (RMB3.74 billion), up 21.4%

YoY, which accounted for 26.6% in total. At the same time, that of tobacco and tobacco products together reached USD0.39 billion

(RMB2.37 billion), which got even with the same period in 2013. Besides, the export value of coffee, spice oil, fresh cut flower and

tea leaf was USD140.14 million (RMB860 million), USD60.29 million (RMB370 million), USD240 million (RMB39.11million),

USD22.81 million (RMB140 million) respectively, with a YoY increase of 4.7%, 13%, 29.3%, 4.4% respectively. In addition, the

export value of Chinese herbal medicine increased largely, which was USD52.14 million (RMB320 million) and up 59.3% YoY.



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Hainan's exports of agricultural produce see slight increase in Jan.-Oct. 2014

According to Haikou Customs, during Jan.-Oct. 2014, the export value of agricultural produces in Hainan Port reached USD0.48

billion (RMB2.92 billion), up 5.8% YoY compared with the same period in last year. It accounted for 14.1% of the total export value in

Hainan Port, which is the second largest export product. In particular, that of in Oct. 2014 was USD52.14 million (RMB320 million),

with a YoY increase of 6.3% and a month on month growth of 28%.

Shanghai's import volume of corn largely decreases in Jan.-Oct. 2014

In the first ten months of 2014, the import volume of corn in Shanghai Port was largely decreased, which was 45,000 tonnes and

down 87.2% YoY. Also, its import value was USD24.44 million (RMB150 million), down 77.9% YoY, but its average import price

was USD539.39/t (RMB3,310.2/t), up 73.3%. In particular, it imported 4,000 tonnes in Oct. 2014, with a sharp increase of 1.7 times

and with a month on month increase of 34.9%. In the meantime, the average import price of corn was USD633.15/t (RMB3,885.6/t),

which the trend of YoY was from rising 1.8% by last month to falling 11.2% this month, and with a month on month decrease of 20%.



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Journalist: Shuanglin He, Yi XingEditor: Jenny Xing, Peizhen HuangChief Editor: Shuanglin HePublisher: Guangzhou CCM Information Science &Technology Co.,Ltd

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