Corn Products China News 1802 (12 issues per year)

Date: February 28, 2018
Pages: 25
Price:
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)
ID: CF8E80CC788EN
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Corn Products China News 1802 (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


HEADLINE

On 4 Feb., 2018, the MOC announced that it will launch double-anti investigations into imported sorghum from the US, which is beneficial for the domestic corn market.

Recently Guizhou issued the Notice about Implementing Strategic Adjustment of Crop Framing Structure, which places heavy emphasis on reducing corn planting areas and promoting cash crop planting.

The MOA strengthened supervision on GMOs, which will affect the import of corn in the country.

Newly harvested corn is going to be sold out in China's major production areas, and CGRC's corn auctions are worthy of attention. During the Chinese Spring Festival (15–20 Feb.), China's corn starch operating rate maintained at 53.93%, much lower than early Feb. And after that till the end of the month, the figure will rebound to more than 70%. CCM predicted that corn starch prices may drop after the festival.

Feed companies only take up 5 positions in the 2017 China's Top 500 Companies. The feed industry has an output value of USD317.23 billion (RMB2 trillion), but there is only a handful of players. In this article CCM analyses the trends in China's feed industry.

In the end of Jan. 2018, New Hope Liuhe approved the proposal of the construction of the 2 million head/a pig project in Tongliao, Inner Mongolia. This will enable it to expand the industrial chain. On 6 Feb., East Hope Group, the People's Government of Erdos, and the People's Government of Dalad Banner jointly signed on a 6 million head/a live pig project.

On 2 Feb., Beijing Dabeinong announced that its subsidiary Guangxi Dabeinong decided to invest USD69.87million (RMB440.50 million) in constructing 5 adult sow farms, 2 fattening demonstration farms and supporting facilities by two phases. Reportedly, Guangxi Dabeilong aims to develop an environmentally farming mode to produce more than 500,000 head of pigs for sale every year.

In 2017, China's import volumes of substitutes for corn varied. Specifically, import volumes of barley were up by 77.09% YoY, almost hitting the record high in 2015, while DDGS import volumes dramatically declined by 87.26% YoY.

In Feb. 2018, the price of threonine slightly decreased in China. However, other feed grade amino acids remained stable.
HEADLINE

Editor's Note

COLUMN 2 GOVERNMENTAL DIRECTION

MOC launches double-anti investigations into imported sorghum
Guizhou cuts corn planting areas and vigorously develops cash crops
Strengthened supervision on GMOs affects corn import in China
Newly harvested corn about to sell out in major production areas

COLUMN 2 MARKET DYNAMICS

China's corn starch operating rate drops during Chinese Spring Festival
Trends in China's feed industry

COLUMN 3 COMPANY DEVELOPMENTS

New Hope Liuhe to construct 2 million head/a pig project in Inner Mongolia's Tongliao
East Hope Group decides to construct 6 million head/a live pig project
Guangxi Dabeinong invests in 500,000 head/a live pig project

COLUMN 4 IMPORT & EXPORT ANALYSIS

Chinese corn products Imp. & Exp., Dec. 2017
Barley import volumes rise towards record high in 2017

COLUMN 5 PRICE UPDATE

Price update of corn products, Feb. 2018
Threonine price slightly decreases in Feb. 2018

COLUMN 6 NEWS IN BRIEF

CGRC consumes 80.73 million tonnes of grain and oil in 2017
COFCO Biochemical: net profit rises by 65.25%–96.73% YoY in 2017
Xiwang Foodstuffs: net profit predicted to rise by 107.69%–122.53% YoY in 2017
Sichuan issues 2017 feed industry report
Sichuan Giantstar partners with local government in live pig complete industrial chain project
Fujian Sunner puts No.5 feed factory into operation
Corn supply gap reaches 25.61 million tonnes in 2017/18
Longping High-tech plans to acquire 90% of Beijing Lantron
Corn produced in 2017 sees poorer quality
National standard of ethanol gasoline E85 issued

COMPANIES MENTIONED

Beijing Dabeinong Biotechnology Co. Ltd., New Hope Liuhe Co., Ltd., East Hope Group Co., Ltd., COFCO Biochemical (Anhui) Co., Ltd., Xiwang Foodstuffs Co., Ltd.,
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