The China Canned Food Industry Association held a mid-season key enterprise symposium on canned peaches.
On July 30, at a key node in the peach canning processing season, the association organized a mid-season key enterprise meeting for the peach canning industry. The meeting, chaired by Liu Youqian, the chairman of the China Canned Food Industry Association, focused on discussing and exchanging views on the current development trends and challenges of the peach canning industry.
Representatives from Anhui Suzhou Science and Technology Food Co., Ltd., Qingdao Kaichuang Food Co., Ltd., Zhejiang Taizhou Yiguan Food Co., Ltd., Shandong Yuquan Food Co., Ltd., Zhima Guan Food Co., Ltd., as well as Zhejiang Fengdao Food Co., Ltd., Dalian Zhenxin Canned Food Co., Ltd., Wuhan Huanlejia Food Co., Ltd., Dalian Linjiapuzi Food Co., Ltd., Zhejiang Canned Food Industry Association, and Pingyi Canned Food Industry Association attended the meeting. Chao Xi, the secretary-general of the China Canned Food Industry Association, and Luo Yanping, the director of the membership department, also participated.
During the meeting, in-depth discussions were held on several key aspects of the peach canning industry this year. In terms of raw material supply, comprehensive information from various sources indicates that this year, the national peach supply has been affected by weather conditions, adjustments in planting structure, and infrastructure construction in some production areas, leading to a certain degree of reduced production. This situation has directly caused panic buying in the raw material procurement process by production enterprises, as well as high demand for peach raw materials from the frozen food industry, bubble tea, and dairy industry, which in turn has caused raw material prices to rise continuously, putting tremendous pressure on enterprises' production cost control.
The meeting pointed out that the current domestic and international economic situation is severe, with weak consumer demand. The industry still has a certain amount of inventory. On the international front, there is significant pressure from U.S. tariffs, with additional tariffs set to be implemented in August. According to a representative from the U.S. at the World Fruit Processing Conference, the U.S. Congress has limited subsidies for U.S. households, which will inevitably reduce consumer capacity. In South Africa, due to U.S. tariff issues, two companies have filed for bankruptcy.
Regarding the production and processing status of enterprises, the meeting pointed out that the current production progress is facing many obstacles due to the uncertainty of raw material supply and cost fluctuations. Some enterprises have had to adjust their production plans and slow down their production pace in order to control costs. The meeting urged enterprises to pay attention to controlling the production pace, to truly produce based on sales, to reasonably arrange production according to actual market demand, to avoid "gambler's mentality," and to prevent inventory backlog caused by overproduction, which would further exacerbate operational risks for enterprises.
In his concluding remarks, Chairman Liu Youqian pointed out that the peach canning industry is currently in a critical adjustment period, and enterprises need to remain rational and calm. In the face of reduced raw material production and rising costs, enterprises should avoid blindly following the trend to buy raw materials. Instead, they should take a long-term perspective, strengthen information sharing and cooperation within the industry, and jointly address difficulties. The industry should follow market laws, strengthen self-regulation, establish long-term stable cooperative relationships, negotiate reasonable prices with raw material suppliers, and ensure stable and quality raw material supply. At the same time, enterprises should actively explore innovation, optimize production processes, expand sales channels, and enhance product added value to alleviate the pressure brought by rising costs.
Source: Association Secretariat