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Global tomato ketchup will cut production enterprise meet turnaround

Number of visits: Date:2011年11月16日 15:40

  The price is too low for tomatoes and performance of the decline in new base (000972) and grain toutunhe (600737) may be due to global tomato cut after a storm comes a calm.

  Recently the world tomato processing industry association announced in June 2010 forecast data, the agency forecast 2010 global processing with tomato yield is 38.722 million tons, up to a decrease of 3.745 million tons, reduce 9%, China is expected to yield 7.65 million tons, up to a decrease of 1.005 million tons, down 12%. Industrial securities analysts ZhaoQin think, the cut will lead to ketchup export prices picks up, good domestic ketchup production enterprise.

  According to information, the past two years as the global financial crisis and tomato high impact, the international price plummeted in tomato sauce. The customs data show that from since October 2008, our country ketchup customs makes us $1187 / mt average price highs, ketchup export prices have tumbled. On a tomato sauce production season, that is, from August 2009 to may this year, China's total export ketchup 830000 tons, the average us $867 / mt, which in May this year the export price for us $757 / mt, and industry $700 / tons of the break-even point are not. From the manufacturer offer to see, currently, some manufacturers have quoted us $650 / mt low, lower than the cost of production, at a loss of business in the state.

  Affected by this, the first quarter of this year has loss 26.32 million yuan of new base in advance, global economic crisis affect the market sale price of tomato sauce, a significant slowdown in exports declined, the company sales situation is very severe ketchup, in the first half of this year the company will loss 40 million yuan to 50 million yuan, up fell more than 200%.

  ZhaoQin think, if this year's global tomato yield appear cut production, our country export prices will have rebounded tomato sauce, tomato sauce production enterprises in our country the good. It is reported, this year to the end of July, early August next year is our country ketchup complete production season.

  In fact, besides passive waiting for the price picks up the ketchup, in order to deal with the international market in risk of excess capacity ketchup, grain toutunhe have been trying to open up the domestic market. Grain toutunhe already plan this year in the domestic market gradually introduced "toutunhe" brand of tomato products, change entirely dependent on the international market ketchup products of pattern. In the new, introduce the international grain and oil giant is choose yihai kerry, with the aid of the latter in the international market marketing network and the huge market influence out of trouble.

TypeInfo: Trade news

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