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"Soybean" The new national standard will be implemented or the impact of oil price - soybean, cooking oil - Food Industry by big tree





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"Soybean" The new national standard will be implemented or the impact of oil price - soybean, cooking oil - Food Industry by
Article Posted: 07/03/2010
Article Views: 41
Articles Written: 1033
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"Soybean" The new national standard will be implemented or the impact of oil price - soybean, cooking oil - Food Industry


 
Business,Business News,Business Opportunities
Our newly revised "soybean" National standards will be implemented. Among the new "soy" standard will be implemented on September 1. According to reports, the newly revised "soybean" national standard for the mandatory national standards, the revised standards and criteria for developed countries at a standard level, and promoting the flow of the soybean market to meet social needs, the total grain supply to maintain a balance to ensure food security.

New national standard to improve the quality of domestic soybean
It is understood that in recent years, domestic consumption as living standards improve, domestic oil, protein consumption, the rapid growth of soybean imports increased dramatically, China has evolved from a major exporter of soybeans into a net importer of soybean in China last year import volume has reached more than 3700 tons, about 2.5 times the domestic soybean production. With the increase in imports of soybeans, soybean in 1986 to develop national standards can not meet current industry needs. In accordance with the revised national standards for the principle of periodic review, the State Grain Administration Bureau of Food and Agriculture Organization of the relevant provincial departments, research institutes, universities and large-scale food enterprises have been revised to the standards.

In the new "soy" national standard, the first addition of high oil and high protein soybean definition, no longer distinguish the northeast soybean and common soybean, Unity Named as soybean, and canceled Feed Beans category. In addition, the new standard rate to determine the level of full grain quality standards, provide a full grain less than 75% of the substandard level, the standard rate of increase in grain damage, while both North and South provinces of soybean production, circulation and water standard is set at 13 %. In the high oil and high protein soybean quality requirements, were required for more than 20% oil content, protein content of 40% and reached a new national standard second class of soybeans.

Other side, the new national standard defines the general rules of testing, inspection lot and determine the rules. With Food Safety Implementation of the law increased the label logo required Package Property or the accompanying documents indicate the product name, category, grade, origin, harvest year and month, etc., to implement quality back.

For many years engaged in crude oil processing and Sell The Huang Wenyi told reporters: "If soybean growers to plant in accordance with this standard, then the quality of domestic soybeans will be enhanced, so as to enhance the product cost in the long run can reduce the country's dependence on imported soybeans, and even to influence Cooking oil Terminal price movements. "

Face upward pressure on oil China's soybean consumption in the 70% dependence on imports, the international soybean prices will inevitably push up the domestic edible oil manufacturers Raw materials Cost, if the external drive substantial increase in soybean prices continued to force the domestic edible oil prices will eventually follow up.

Addition, according to General Administration of Customs released the import data, in the first 5 months of China's soybean imports have been as high as 17.38 million tons, up 27.3% over last year. Driven by Chinese demand, soybean prices continued to rise, especially in the beginning by the end of April, the U.S. dollar index fell sharply, soybean prices outside the disk in less than a half months has risen by more than 25%. According to the current conversion price of external disk soybeans, U.S. soybean imports to Hong Kong and the price will reach 4,350 yuan / ton, while the South American soybean imports to Hong Kong prices will reach 4250 yuan / ton, higher than the current spot price of nearly 10%. Will the future oil prices, with oil enterprises, said: "oil price adjustment, based mainly on Raw material Prices. "(Manuscript available: Chinese condiment Association)

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