Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Wide Open Agriculture Limited (ASX: WOA) has secured approval from China’s General Administration of Customs to export its high-protein lupin protein isolate. This regulatory green light, supported by a local distributor, validates the quality, safety, and sustainability of WOA’s non-GMO lupin protein sourced mainly from sweet lupin in Western Australia. The isolate’s versatility makes it ideal for diverse applications including protein powders, plant-based milks, yoghurts, ice creams, and an alternative tofu product that offers a substitute to GMO soy protein. With China’s plant-based protein market projected to grow significantly by 2030—fueled by the “Healthy China 2030” initiative focusing on dietary health improvements and cardiovascular risk reduction—WOA plans to distribute samples, conduct local product testing, and strengthen relationships with regional distributors. This strategic move positions the company as a key player in China’s evolving dietary landscape and a significant beneficiary of the market’s growth.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.