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 201901

Price of this issue :
USD 117

Published on 31st January, 2019

On 2 Jan., Dacheng Bio-Tech, Changchun Dahe, Fortunix Investments and Xingtong Foodstuff entered into the Capital Increase Agreement for Changchun Wanxiang. Dacheng Bio-Tech shall make a contribution in kind of USD1.02 million and Xingtong Foodstuff shall make a contribution in cash of USD3.43 million. As Changchun Wanxiang made a loss in both 2016 and 2017, the capital increase will hopefully re-adjust its product mix and capacity.

Published on 31st January, 2019

Published on 31st January, 2019

China's corn deep-processing capacity rose in 2018 and is forecast to continue the upswing in 2019. Among them, capacities of corn fuel ethanol grew by 600,000 t/a in 2018, and those of corn starch will increase by 1.90 million t/a in 2019.

Published on 31st January, 2019

Low prices of upstream and downstream products plus the Sino-US trade war have combined to drive down furfural prices. Average furfural prices in Q4 2018 were USD1,843/t (RMB12,624/t), down by 8.49% QoQ; and Jan. 2019 prices fell by 43.10% YoY to USD1,456/t (RMB9,976/t).

Published on 29th January, 2019

On 22 Jan., Fujian Aonong declared that a breeding company, infected with African swine fever, was a company in which it has a 10% shareholding, namely Jiangsu Jiahua. Fujian Aonong is therefore likely to incur asset impairments and undertake guarantee obligations.

Published on 29th January, 2019

Published on 24th January, 2019

On 25 Dec., Meihua Group successfully produced 70% lysine by the amino acid project undertaken by its wholly-owned subsidiary Jilin Meihua.

Published on 24th January, 2019

Published on 24th January, 2019

On 15 Jan., TRS announced its intention to issue convertible bonds for raising funds of ≤USD127.04 million (RMB870 million). The money will be used to repurchase A shares, replenish working capital, and invest 6 projects including pig breeding, feed, and pig slaughter.

Published on 24th January, 2019

Published on 24th January, 2019

Published on 23rd January, 2019

Published on 23rd January, 2019

Published on 18th January, 2019

As of 11 Jan., three China's large-size A-share pig companies – Wens, Muyuan, and Zhengbang Sci & Tech – unveiled their financial forecasts for 2018. Performance is predicted to decline, due to the African swine fever which occurred in Aug. 2018.

Published on 16th January, 2019

On 9 Jan., the Announcement on the Inspection and Quarantine Requirements for the Import of Corn Plants from Kazakhstan plus the Announcement on the Inspection and Quarantine Requirements for the Import of Barley Plants from Kazakhstan were published by the China Customs. Corn and barley originating from Kazakhstan that meets the aforesaid requirements will be allowed to be imported into China.

Published on 14th January, 2019

Published on 14th January, 2019

Published on 14th January, 2019

On 22 Dec., 2018, the Customs Tariff Commission of the State Council published adjustment schemes for temporary import & export tariffs, which will be effective from 1 Jan., 2019. According to the new plan, China will reduce the import tariffs on corn byproducts for some regions/countries.

Published on 10th January, 2019

Sinograin's subsidiaries and subordinate warehouses started corn purchases under price declines. This is aimed at stabilising the domestic corn market.

Published on 10th January, 2019

Published on 10th January, 2019

Published on 4th January, 2019


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