Corn Products China News 1710 (12 issues per year)

Date: October 30, 2017
Pages: 24
US$ 3,300.00 (The price excludes 8% VAT)
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Publisher: Guangzhou CCM Information Science & Technology Co., Ltd. (CCM)
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)

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Corn Products China News 1710 (12 issues per year)
Corn Products China News provides you with real-time intelligence on China’s corn products market.

It is a monthly published newsletter, which can be downloaded in PDF format. The subscription period is yearly, grants the subscriber 12 issues in total.

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 manufacturers, M&A, new technologies, and more
  • Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese companies, associations and government organizations

Recently Heilongjiang issued the Guidance on the Development of Corn Deep Processing Industry (Trial), which clarifies the key direction for the development of corn products.

On 30 Sept., Guangdong issued the Tax Amounts Applicable to Air Pollutants and Water Pollutants in Guangdong Province (Exposure Draft). From 1 Jan., 2018 onwards, the province will levy USD0.27 (RMB1.80) on a stipulated quantity of air pollutants,and USD0.42 (RMB2.80) on a stipulated quantity of water pollutants.

On 30 Sept., the National Grain Trade Centre announced that as the new grains are going to flow into the market, it encourages market entities to actively purchase new grains so as to well boost the procurement of corn and soybean. What's more, it will suspend the auctions of temporary corn and soybean reserves in the end of Oct.

China's market prices of live pig dropped slightly after the National Day holiday.

The price of corn did not hit a seasonal low in Oct., like it has done in previous years. Given that the corn supply-demand situation is to improve, the room for the price of corn to decrease is very limited.

The domestic fuel ethanol industry, pushed by governmental policy, has been at the centre of a whirlwind of attention. However, its future development is still shadowed by some disadvantages.

COFCO Biochemical forecasted that its net profit in Q1–Q3 would be up by 101.03%–107.64% YoY.

On 19 Oct., WEIYANG announced that its second pig farm was established in Gaoan, Jiangxi, with an area of 496.29 ha (3,300 mu) and a capacity of 150,000 head/a.

In July–Aug., China's import volumes of corn hit a record high, which is mainly attributed to the tight supply and rising prices of corn. CCM predicts that the figures will fall in later period.

The ex-works prices of corn starch were raised by companies collectively in North China, mainly affected by the opening of the 19th Communist Party of China National Congress and strong downstream demand.
Editor's Note
Column 1 Governmental Direction
Heilongjiang issues Guidance on Development of Corn Deep Processing Industry (Trial)
Guangdong issues exposure draft on environmental protection taxes
Column 2 Market Dynamics
Transaction volumes of temporary corn reserves exceed 50 million tonnes
Pig prices slightly drop in Oct. 2017
Limited room for corn price to fall in 2017
China's development of fuel ethanol
Column 3 Company Developments
COFCO Biochemical: net profit up by 101.03%–107.64% YoY in Q1–Q3 2017
WEIYANG locates second pig farm in Jiangxi's Gaoan
Column 4 Import & Export Analysis
Chinese corn products Imp. & Exp., Aug. 2017
China’s corn import volumes hit record high in July–Aug. 2017
Column 5 Price Update
Price update of corn products, Oct. 2017
Ex-works prices of corn starch go up in North China
Column 6 News in Brief
Heilongjiang issues subsidies to corn and soybean producers
Corn yield in Xinjiang's demonstration field reaches up to 22,756.65 kg/ha
Hebei develops first highly resistant millet in China
Wens establishes food company
Tacheng’s first flaked corn company successfully enters trial production
China shuts down 6,929 illegal private slaughter houses in recent 3 years
Luoniushan predicts rising net profit in Q3 2017
Henan delimits 5.05 million ha of functional region of grain production
Muyuan Food: net profit hits USD272.51 million in Q1–Q3 2017
Heilongjiang Supply and Marketing Cooperative partners Wellhope to establish leading feed enterprise


COFCO Biochemical (Anhui) Co., Ltd.,, Guangdong Wens Foodstuff Group Co., Ltd., Luoniushan Co., Ltd., Muyuan Food Stuff Co., Ltd.
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