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Food Industry’s Boom Index in April

China Agriculture Report By CnAgri2013-05-31 10:53:11China Agriculture Report Print
Keywords:Food Boom retail
The food industry’s boom index was 8.7 in April, below the 9.84 recorded in the month before.
 
The catering industry’s retail value was RMB182.2 billion in April, up 7.9% on the year-on-year basis. The nation’s grain and vegoil retail value was RMB103 billion in April, up 11.9% on the year-on-year basis. Adjusting for price, their increase rates were 3.75% and 6.37% respectively.
 
Food consumption value accounted for 16.2% of the nation’s total commodity retail value in April, down 0.2% on the year-on-year basis. Food consumption was subdued by food price increase.
 
Taking into account of food and beverage sales by various enterprises, the nation’s food consumption value actually grew 1.7% in April on the year-on-year basis.
 
The farm-product-processing industry and the food-making industry realized an added value increase by 8.8% and 11.9% in April on the year-on-year basis. Adjusting for price, their increase rates were 8.15% and 11.23% respectively, suggesting a steady growth of food production.
 
The farm-product-processing industry received RMB61.677 billion investment in April, the food-making industry RMB28.365 billion, the beverage industry RMB25.285 billion and the hotel and restaurant industry RMB49.388 billion, up 25.66%, 17.13%, 37.79% and 14.02% respectively on the year-on-year basis. Adjusting for price, their increase rates were 28.26%, 19.73%, 37.8% and 16.6% respectively. The above investment jointly accounted for 5% of the nation’s total investment. Food price growth spurred investment into the industry.
 
Grain-processing generated a gross profit ratio of 9.47% in April, slightly less than the month before, attributable to grain price growth. Specifically, the profit was 7.53% in flour production, 13.91% in japonica production, 12.18% in indica production, 5.17% in starch production and –3.27% in ethanol production.
 
Flour shipment and sale generated a gross profit of 14.86%, slightly less than the month before. Rice shipment and sale led to a gross profit of 15.07%. The shipment and sale of flour and japonica in small packages generated a profit of 24.04% and 22.73% respectively.

 

From “China Grains Market Weekly Report

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