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Rabobank: Chinese imports to drive pork markets

25 Apr 2016

• 25 Apr 10:01

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The main challenge in global markets remains: balancing the supply glut in the US and the EU with Chinese import demand, according to the Rabobank Global Pork Quarterly Q2. Albert Vernooij, the bank's animal protein analyst, said in the press release aboutthe quarterly update, "Stalling supply and strong import demand in China will support the recovery of the global pork market above the expected seasonal improvement in Q2 2016. It will result in a higher-than-expected recovery of theRabobankfive-nation hog price index, which will support pressured prices across the globe and will be particularly welcome in the EU." China: bullish market. Read more...