Title: Corn China Monthly Report – July 2026 Commentary
Welcome to the July issue of Corn Products China Monthly Report
Market dynamics
Dongxiao Bio submitted a draft prospectus for its IPO to the Beijing Stock Exchange.
Project update
- Mianyang Shengshi's functional food raw material production line using a biocatalytic (enzymatic) preparation method and its biotechnology incubation platform (Phase II)
- Qingquan Chemical's 1,100 t/a MACM, 2,600 t/a 2-MTHF, and 113 t/a hydrogen project
- Jiangping Biotechnology's 12,000 t/a bio-based dicarboxylic acids project
- Kunlun Zhenlong's project for 30,000 t/a furfural, along with the production of 1,000,000 t/a steam and 100,000 t/a organic fertiliser from furfural residue
- Jinhui Technology's 3,000 t/a methyl glucoside, 7,000 t/a butyl glucoside (50%), and 2,000 t/a acetyl glucoside project
- Jilin Union's green intelligent annual production of 50,000 t/a low-carbon premium citric acid capacity expansion and renovation project
- Roquette's starch and polyol R&D center - pilot workshop project
Price update
- In H1 2026, the domestic citric acid market rallied sharply, with prices easing slightly by end-Q2 but averaging significantly higher.
Import and export
- China's corn imports rose 28.16% YoY in H1 2026, with the average import price down 1.98% YoY.
The USD/CNY exchange rate in this newsletter is USD1.00=CNY6.8067 on 1 July, 2026, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
Except for the import & export analysis, other % changes in this newsletter are calculated in RMB.
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