Corn Products China News

Publication: Monthly on the
Published by CCM

Corn Products China News provides you with real-time intelligence on China's corn products market.
 
China is the world's largest producer and exporter of many corn products, including citric acid, monosodium glutamate, vitamin C and vitamin B2.
 
However, many of China's leading corn processors industry are struggling as overcapacity, low prices and proliferating anti-dumping investigations in overseas markets take their toll on bottom lines. Meanwhile, there are hopes that the Chinese government may soon take action to reduce inflated domestic corn prices and reform the country’s import quota system.
 
Corn Products China News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire corn products industry chain, from grain markets to the downstream food and feed markets. This includes:
      
  • Breaking news from China and abroad
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  • The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
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  • In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
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  • Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations
Corn Products China News is also available as a monthly newsletter, which can be downloaded in PDF format. For more information, you can download a free sample below, or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.


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Main Content of Corn Products China News 201907

Price of this issue :
USD 117

Published on 30th July, 2019

China's average corn price in July was USD267.77/t (RMB1,840/t), down 0.27% MoM. It is predicted to remain stable and low in the short term, due to recent sufficient market supplies and continuously sluggish downstream demands.

Published on 26th July, 2019

Heilongjiang Bei'an published the acceptance opinion on its corn drying project on 27 June, while Heilongjiang Hongzhan released the monitoring report on its 2 million t/a corn deep-processing phase I project in July.

Published on 26th July, 2019

Published on 22nd July, 2019

Statistics of China Customs show that export prices of China's corn starch in May rose by 1.82% MoM to USD356.34/t, whereas its export volumes fell by 16.85% MoM to 43,911.14 tonnes.

Published on 19th July, 2019

On 11 July, New Hope Liuhe published its financial forecast for H1 with net profits rising by 60%–71% YoY to USD0.20 billion–USD0.21 billion (RMB1.35 billion–RMB1.45 billion) due to its outstanding pig business. Optimistic about the pig market for H2, it has invested in 2 large-scale pig breeding projects. 

Published on 18th July, 2019

In early/mid-July, Wens and DBN published their business performance forecasts for H1. Wens' net profits during the reporting period were predicted to be USD196.46 million–USD211.01 million (RMB1.35 billion–RMB1.45 billion), up 47.17%–58.07% YoY, whereas DBN's were USD6.54 million–USD6.81 million (RMB31.20 million–RMB46.80 million), down 55%–70% YoY.

Published on 17th July, 2019

According to its announcement on 8 July, Zhengbang Sci & Tech preregistered the equities for a private placement to Jiangxi Yonglian on 2 July and would list them on 12 July.

Published on 16th July, 2019

Published on 15th July, 2019

Shandong Longda announced its intention to raise ≤USD127.34 million (RMB875 million) from its issuance of convertible bonds, in a bid to build a 500,000 head/a commercial pig project in Shandong Province and supplement its working capital.

Published on 15th July, 2019

Published on 15th July, 2019

Published on 15th July, 2019

Published on 12th July, 2019

Published on 12th July, 2019

Published on 12th July, 2019

Published on 10th July, 2019

Published on 10th July, 2019

On 3 July, the EIA of Shandong Zhonggu's corn starch and starch product old and new kinetic energy conversion project was publicised, with corn starch, starch sugars and related derivatives, corn deep-processing byproducts to be involved.

Published on 9th July, 2019

On 30 June, a new Catalogue of Industries for Encouraging Foreign Investment was released by the NDRC, and it involves "development and production of bioethanol (excluding ethanol transformed from food)" for the 1st time. 

Published on 8th July, 2019

Published on 8th July, 2019

Published on 8th July, 2019

Published on 3rd July, 2019

On 1 July, the People's Government of Luojiang District, Deyang City, Sichuan Province published approval opinions, on its homepage, about the environmental impact assessment document of Deyang Zhengbang's 300,000 t/a feed processing project. Pig feed will be produced from purchased corn, wheat, and bean pulp through the project. 

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