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 201809

Price of this issue :
USD 117

Published on 30th 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.

Published on 30th September, 2018

Published on 29th 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.

Published on 29th 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.

Published on 29th 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%.

Published on 29th 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.

Published on 26th 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.

Published on 26th 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.

Published on 19th September, 2018

Published on 19th September, 2018

Published on 18th 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.

Published on 18th September, 2018

Published on 14th 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.

Published on 14th 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.

Published on 13th September, 2018

Published on 13th September, 2018

Published on 11th September, 2018

Published on 10th September, 2018

Published on 10th September, 2018

Published on 7th September, 2018

Published on 6th September, 2018


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