US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
Russian food firm Cherkizovo Group said that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq. The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry ...
Tags: poultry products, Poultry
China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.5GW for ground-mounted PV projects and 32GW, or 8GW a year, for PV projects under the "Top Runner Program," ...
Tags: PV capacity, PV
Against the backdrop of a sluggish global economy, lackluster trade growth and uncertainty in major economies, countries in the Asia-Pacific region are still likely to have a growth rate of 4.9 percent this year. The region continues to ...
Tags: global economy
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
Taiwan’s government has focused on expanding the island’s PV power generation as part of its plan to abandon nuclear power. In terms of targets, Taiwan aims to add 1.52GW of PV capacity between mid-2016 and mid-2018 and ...
Tags: PV Markets, PV power
Chinese domestic magnesium prices have surged to fresh three-year highs due to tighter supply, stronger domestic demand and rising costs this year, magnesium trade platform Northeast Asia Magnesia Material Trading Center said in a report on ...
Tags: Magnesium Prices, Magnesium
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
Prices across the PV supply chain have collapsed to new lows in the second half of 2016 due to plunging demand. Furthermore, quotes of PV cells and wafers are not expected to bottom out this September. The current market analysis indicates ...
China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...
Tags: high-end markets, truck
Domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth and China will continue to promote the new economy to foster growth, Chinese Premier Li Keqiang said on Monday. The Chinese economy is going on ...
Tags: Chinese economy, Domestic demand
Nestle Vietnam has begun construction of a new nutrition manufacturing facility with an investment of $70m at the Thang Long Industrial Park II in Hung Yen province. The new plant, which is being constructed on a 10 hectare area, will ...
Tags: Nestle Vietnam, New nutrition manufacturing facility, Investment
EnergyTrend, a division of TrendForce, reports that the global PV market is seeing slowing demand after the Chinese New Year holidays. Peak installation seasons in the U.S. and Japan have passed, and the demand related to China’s ...
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal