Corn Products China Monthly Report

Welcome to the June issue of Corn Products China News

Goverment direction

CBFIA issued a notice soliciting public comments on the industry standard "γ-Polyglutamic Acid and Its Salts".

Market dynamtics

Bailong Chuangyuan filed its prospectus for a convertible bond offering to the public, earmarking the net proceeds for a health-focused new food ingredient smart factory in Thailand and a functional-sugar drying expansion and upgrading project in China.

Company & Project update

• Biok Biology planned 2,000 t/a specialty amino acids reconstruction project.
• SDIC Hailun proposed high-value amino acids and enzyme preparation engineering strain creation and application technology development project.
• Ordos Wangyuan planned 10,000 t/a furfural production and processing construction project.
• Inner Mongolia Tuoxin proposed API and dietary supplement biomanufacturing base construction project.
• Jinhe Biotechnology planned 20,000 t/a coenzyme Q10 intermediates flexible production line construction project.
• Liaocheng Huanuo proposed 25,000 t/a bio-based new material monomer 1,5-pentanediol project.
•  Gaofeng Starch's starch and starch-based products manufacturing project passed acceptance check.

Price Update

In Q2, MSG price rose early before retreating, though the quarterly average still exceeded the first-quarter level.

Import and Export

From January to May 2026, China's corn starch export volume rose 12.00% YoY. 

The USD/CNY exchange rate in this newsletter is USD1.00=CNY6.8167 on 1 June, 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.