Food Industry’s Boom Index in July

By CnAgri2013-09-06 14:09:11 Print China’s grain and vegoil product retail value and the catering industry’s retail value registered RMB112.1 billion and RMB199.9 billion respectively in July, up 16% and 9.1% respectively on the year-on-year basis. Adjusting for price, their increase rates were 10.37% and 3.9% respectively.
 
Food consumption value accounted for 16.85% of the nation’s total commodity retail value in July, down 0.1% on the year-on-year basis.
 
The nation’s medium and large food companies’ grain and vegoil sales valued RMB18.7 billion and meat and egg sales RMB12 billion in July, up 16.4% and 14.3% respectively on the year-on-year basis.
 
Taking into account of food sales by companies of various scales, the food industry’s sales went up 4% in July on the year-on-year basis.
 
The farm-product-processing industry and the food-making industry attained an added value growth of 8.7% and 9.1% respectively in July on the year-on-year basis. Adjusting for price, their increase rates were 8.27% and 8.67% respectively.
 
The farm-product-processing industry received RMB94 billion investment, the food-making industry RMB35.1 billion, the beverage industry RMB33.13 billion and the hotel and restaurant industry RMB54.15 billion, up 36.57%, 23.73%, 27.7% and 21.3% respectively on the year-on-year basis, adjusted for inflation. The investment in the food industry accounted for 5.4% of the total investment in the nation in July, a larger share than the month before, accredited to rising food price.
 
Grain-processing generated a gross profit rate of 9.23% in July, slightly lower than the month before. Specifically, the production of flour, japonica, indica, starch and ethanol generated a profit of 6.63%, 14.85%, 9.59%, 4.96% and –6.77% respectively.
 
The shipment of flour and rice generated a gross profit rate of 18.59% and 14.59% respectively in July and a gross profit rate of 27.39% and 22.22% respectively for small packages, all above the month before.
 
Considering food consumption, investment in the food industry and the food industry’s profit, the food industry’s boom index was 9.23 in July, slightly lower than the month before.
  

From “China Grains Market Weekly Report”