China on alert after first African swine fever case in three months

A new outbreak of African swine fever (ASF) has been detected in southern China, marking the first case of the disease reported...

A new outbreak of African swine fever (ASF) has been detected in southern China, marking the first case of the disease reported in China since late October 2020, the Chinese Ministry of Agriculture and Rural Affairs reported Thursday.

The new outbreak was found in a farm in Guangdong province in southern China with more than 1,000 pigs, of which 214 had shown symptoms and died.

The Chinese authorities said, “the ASF epidemic is suspected to be imported due to illegal [domestic] transportation”.

This was the first ASF outbreak reported in the world’s largest pig producing and consuming country since October 26 last year when some of the 35 pigs carried in a truck were found to be positive for the disease in Sichuan province.

Sichuan is more than 1,000 kilometres away from Guangdong province.

China’s pig industry suffered severely from the previous ASF outbreak that raged through the country’s herds between 2018 and 2019, slashing the pig population by about a third.

By 2019, the country’s pig herd collapsed to 310 million heads, down from the 428 million heads in 2018, undercutting the country’s demand for soymeal and soybeans as demand contracted with the reduction in the herd.

China has the world’s largest pig herd numbering about 400-500 million heads and produces roughly 50-55 million mt of pork each year, most of which is consumed domestically.

It is expected that China’s pig herd will fully recover by the end of the first half of 2021, although any significant recurrence of ASF is likely to slow that recovery and dent expectations.

The rapid recovery of China’s pig industry has been the main driver of global animal feed demand, triggered a surge in soybean and corn demand from the sector in feed usage despite the impact of the Covid-19 pandemic.

What to read next
The Mexico Metals Outlook 2025 conference explored challenges and opportunities in the steel, aluminum and scrap markets, focusing on tariffs, nearshoring, capacity growth and global trends.
The recent US-China agreement to temporarily reduce tariffs is a major step for global trade, with tariffs on US goods entering China dropping from 125% to 10% and on Chinese goods entering the US decreasing from 145% to 30% starting May 14. While this has boosted markets and created optimism, key industries like autos and steel remain affected, leaving businesses waiting for clearer long-term trade policies.
BEK pulp prices in Europe dropped $40/tonne in April, driven by US import tariff uncertainties and weaker demand in China.
The US-China trade truce announced on May 12 has brought cautious optimism to China’s non-ferrous metals markets, signaling a possible shift in global trade. Starting May 14, the removal of additional tariffs has impacted sectors like battery raw materials, minor metals and base metals such as zinc and nickel, with mixed reactions. While the improved sentiment has lifted futures prices and trade activity, the long-term effects remain unclear due to challenges like supply-demand pressures and export controls.
US futures moved into positive territory on Wednesday April 30, on bargain buying following double-digit declines observed on Tuesday April 29.
The rationale has been updated to include the following information: Owing to a UK public holiday on May 5, the Spodumene cif China price will next be published on May 6. This is in accordance with Fastmarkets’ pricing schedule. This price is part of the Fastmarkets’ Industrial Minerals package. The published price is unaffected by this […]