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Corn Products China News
Publication:
Monthly
on the
28
th
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
The latest market data
, including price information for raw materials, intermediates and end products, import/export data, production,
consumption
, operating rates, etc.
In-depth analysis
of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new
technologies
, and more
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 201809
Price of this issue :
USD
117
Furfural price increases and forecasted to remain stable
Published on 30
th
September, 2018
Furfural price was USD2,149.18/t (RMB14,689/t) in Sept., up USD190.50/t (RMB1,302/t) MoM (a growth of 9.73%). The price has been on the uptrend since June, stimulated by transportation pressure, environmental protection campaigns and weather changes.
Price update of corn products, Sept. 2018
Published on 30
th
September, 2018
Northeast deep processors set higher purchase price of newly harvested corn
Published on 29
th
September, 2018
In mid-Sept., 2018, the deep processors in Northeast China started the purchasing of the newly harvested corn. Here are the features in this new purchase: the purchase started 1–2 weeks later over previous years, the purchase price was set at a high level, about USD14.63/t–USD29.26/t (RMB100/t–RMB200/t) higher than 2017, and Heilongjiang and Liaoning provinces instead of Jilin Province which was the beginner in 2017, took the lead to start the purchase.
Suihua Heilongjiang creating emerging corn fine processing centre
Published on 29
th
September, 2018
Suihua City, Heilongjiang Province is striving to turn itself into an emerging corn fine processing centre–the Heilongjiang Biological Fermentation Industry Park Item of Zhejiang NHU, the 1.50 million t/a corn intensive processing project of Suihua Xiangyu, the 1 million t/a corn comprehensive further processing plus auxiliary self-use power station program of Jingliang Longjiang have been operated or are still being constructed there.
DBN may acquire 26.74% of the shares of Beijing Jinse Nonghu for USD78.28 million
Published on 29
th
September, 2018
On 14 Sept., DBN announced that it and its wholly-owned subsidiary Beijing Kegao intend to acquire 26.74% of the shares of Beijing Jinse Nonghua. Upon completion of the acquisition, the shares of Beijing Jinse Nonghua held by DBN will increase from 73.26% to 99.99%.
China’s feed imports may continue decreasing in H2 2018
Published on 29
th
September, 2018
In July 2018, China's imports of corn, sorghum and barley decreased as a whole. In H2, the figures may continue decreasing, impacted by the restriction on import quota of corn, the vanishing profit from corn and sorghum imports, and the weakened substitution effect of barley for corn and sorghum. The domestic supply of feed may rely on the domestic produced corn.
China sees disparity in pig prices between south and north
Published on 26
th
September, 2018
As of 20 Sept., China witnessed 17 African swine fevers in total. The MOA immediately issued relevant policies to prevent the spread, requiring several provinces to suspend trades of live pigs. This led to a disparity of pig prices between the south and the north China.
Long Ping High-Tech accelerating corn seed business in China
Published on 26
th
September, 2018
Long Ping High-Tech's corn seed business contributed operating revenue of USD29.41 million (RMB201 million) in H1, up 111.18% YoY; and gross profit margin of 42.79%, up 6.95% YoY. On 22 Aug., Long Ping High-Tech was approved for the acquisition of 90% equity belonging to Lantron Seed. This will accelerate the industrial layout of the former's corn business across the country.
Dalian deeply analyses corn industrial chain
Published on 19
th
September, 2018
Jilin Hunchun to build 500,000 t/a citric acid program
Published on 19
th
September, 2018
Corn temporarily stored by China sees 100% close rate at auction
Published on 18
th
September, 2018
Statistics on 6 Sept. from the GTCC showed that a total of 3,971,842 tonnes of corn temporarily stored by the nation were sold at auction in Jilin and Liaoning provinces, and the Inner Mongolia Autonomous Region. Of this, Liaoning and Jilin provinces respectively achieved a 100% close rate on corn temporarily stored in 2015 and 2014, with turnover of 485,192 tonnes and 107,935 tonnes separately.
Hebei Kangran approved to build golden corn flour deep-processing program
Published on 18
th
September, 2018
Xiwang Foodstuffs and Changshouhua see gross profit margin rise in corn oil business
Published on 14
th
September, 2018
In late August, Xiwang Foodstuffs and Changshouhua unveiled their H1 financial statements respectively: operating revenue both mildly decreased while gross profit margins increased.
China to launch insurance pilot program for corn
Published on 14
th
September, 2018
In late Aug., the Notice of the MOF, the MOA and the CBIRC on Launching the Pilot Program of Absorption Costing Insurance and Income Insurance for Three Major Food Crops was published. This indicates that China will launch the said pilot program for rice, wheat and corn.
Shanxi Shuohe may introduce USD5.85 million for 200,000 t/a corn utilisation program
Published on 13
th
September, 2018
Adisseo publicises environmental assessment on 180,000 t/a liquid methionine program
Published on 13
th
September, 2018
Heilongjiang to verify legal planting areas of corn, soybean and rice
Published on 11
th
September, 2018
Many large-sized feed private enterprises ranked as China top 500
Published on 10
th
September, 2018
China may see 9.60% YoY increase in 2018 corn consumption
Published on 10
th
September, 2018
Update of Fufeng Group’s 3 million t/a corn deep-processing program
Published on 7
th
September, 2018
COFCO Bio-chemical to establish wholly-owned subsidiary in Chengdu
Published on 6
th
September, 2018
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