COFCO expanding raw materials trade cooperating with WENS, TWINS GROAP
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COFCO expanding raw materials trade cooperating with WENS, TWINS GROAP

Posted by | October 13, 2014 |

Recently, COFCO signed agreements with WENS and TWINS GRAOP about supplying the raw material.

Currently, COFCO, the largest supplier of diversified products and services in the agricultural products and food industry in China, the annual sales of feed raw materials reached 22 million tons. Import feed ingredients are: corn, rice products, wheat products, oilseed products, lysine, DDGS, protein powder, protein feed (fish meal), germ meal, feed meal and so on.

Currently feed ingredient costs more than 70% of operating costs, feed raw material procurement become a top priority. The quality of feed ingredients is also very important. WENS as the leader of livestock farming, feed production reached 8,000,000 tons. TWINS GROAP as first corporate of pig feed industry; Feed production reached 8.5 million tons. Cooperating with WENS and TWINS GROAP, COFCO furthered expand their e raw materials market trade. The WENS and TWINS GROAP also can acquire more high-quality, low-cost feed ingredients after this cooperation.

Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has office both in Vietnam Ho Chi Minh City and China Beijing. So AARTD has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email: michael@boddingtonconsulting.com

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