2011年11月7日星期一

Yasheng industrial ltd ketchup industry expansion or increased competition in the industry (1)

Business News Yasheng industrial ltd ketchup industry expansion or increased competition in the industry
Gansu Yasheng Industry (Group) Co., Ltd. (hereinafter referred to Yasheng Industrial Ltd,Newcastle United jerseys, 600108, SH) being the already highly competitive industry, start with tomato sauce.

Yasheng Industrial Ltd has released details,Red bulls jerseys, intends to Gansu Investment Group Co., Ltd. state-owned assets for medium-term notes to raise 300 million yuan of special funds, use one of the annual production capacity of 85,000 tons for the open tomato processing project, together with the original Some 15,000 tons capacity, and ultimately 100,000 tons of annual capacity.

"Yasheng Industrial Ltd tomato processing project will be expanded further to China's processing tomato market competition", China Can Industry Association, an official said.

Insider: not good investment move Industrial Co., Ltd. of Xinjiang in the base (hereinafter referred to Xinzhong Ji, 000972, SZ) securities on Yasheng Industrial Ltd, a staff member expressed concern move that would certainly be the company's business impact.

, However, signed the Yasheng Industrial Ltd who did not want people who are not good inside the company's move, he said, "Although the growing conditions in Gansu is good, but compared with Xinjiang, there is still a gap ; In addition, the enterprises to absorb the new capacity is also a test. "In addition, the tomato is a highly seasonal crops Raw material Preservation is almost impossible, tomatoes in Gansu, Xinjiang season for around 8 to 10 months,Manchester United jerseys, "only three months a year in production, the rest are all out of business period, but the property is every month depreciation costs, with so much money, in exchange for 9 months of shutdown, this sale may not be cost-effective. "China Can Industry association executives also said that companies usually start in October Sell , With 9 months 3 months to sell the product.

Yasheng Industrial Ltd announcement shows that the 85,000 tons of tomato paste processing project's main implementing units Yasheng Industrial Ltd-owned subsidiary of Zhangye.

China Canned Food Industry Association data, 2011,Mizuno Soccer Shoes, China's tomato exports will reach 1.1 million tons, accounting for world trade will reach 40%.

"Ketchup in China is mainly used for export," the person added.

Xinzhong Ji Securities Department staff confirmed to reporters that his company currently produce approximately 500,000 tons of tomato sauce, of which 90% of the products are for export, "We COFCO Tunhe considered together, accounted for 70% of Chinese exports. "

Or triggered vicious competition, industry Data show that 8,9 months in 2008 export prices of tomato paste in 1000 U.S. dollars / ton, individual batches of products with high concentrations of the price as high as 1,300 U.S. dollars / ton.

"Always in high export prices, industry profits are high. Therefore, the prospects are favorable to stimulate industrial development, a kind of flocked to the state parties", the aforementioned person in charge of China Canned Food Industry Association, said, "Yasheng Industrial Ltd is An example of this fact, China's tomato paste exports are negative, this will lead to unhealthy competition businesses, lower prices. "

Xinzhong Ji Securities Department staff expressed the hope that construction will give the industry the investment Yasheng Industrial Ltd to bring about healthy competition, "Do not lower prices caused by the export situation."

China Canned Food Industry Association reports that in 2006 the consumption of tomato products is about 100,000 tons in the coming years demand will be the rise is also expected consumption in the domestic market in 2010 to more than 200,000 tons.

Agricultural researcher Li Guolin Pong consulting firm, said the food Tuen River, Xin Zhongji leading enterprises and other domestic tomato products has been in terms of maturity position of absolute dominance, therefore, Yasheng Industrial Ltd would strive for a substantial expansion of both exports share,Soccer Socks, but also attention to the expansion of the domestic market.

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