Corn Products China News 1209 (12 issues per year)
|Published: September, 2012
Price: US $3,564
Domestic corn especially in Northeast China underwent armyworm and typhoon disasters in Aug. 2012, decreasing the output of corn this year. Although government hasn’t published the decrease in the output of corn caused by the two disasters, it is predicted that domestic output of corn in 2012 may be equal or even a little less than that in 2011. The decreasing output of corn may make domestic supply of corn tight in 2013.
With the approaching of Mid-Autumn Festival and National Day, domestic demand for some corn products such as corn starch, glucose syrup, maltose syrup and MSG increases in food manufacturing industry. Besides, the market prices of some corn products as feed see increase including distillers dried grain with solubles, corn gluten meal, corn fibre and corn germ meal due to the increasing demand from feed industry.
In Sept., Japan’s ’purchasing Diaoyu Islands’ intensified the diplomatic relation between China and Japan. Considering the large trade volume in corn products between the two countries, if the issue can’t be well solved, the import and export of China’s corn products may be affected.
In July 2012, China’s import volume of DDGS reaches 296,157 tonnes, up 163.5% year on year according to China Customs.
In July 2012, the import value of corn products in China sees a 34% growth while their export value declines by 5%.
In Aug.-Sept, 2012, domestic market price of corn starch sees a little uptrend thanks to its increasing demand.
In Aug.-Sept. 2012, domestic market prices of corn products used as feed including DDGS, corn gluten meal, corn fibre and corn germ meal enjoy uptrend owing to the rising demand for them.
The revenue and gross profit of Changshouhua Food ascend by 25.7% and 50.5% year on year respectively, presenting good performance in H1 2012.
The IMO of Baolingbao is approved to be a new feed additive, bringing a new profit source to the company.
Longlive Bio-technology performs slightly poorly in H1 2012 but it may see better performance in H2 2012.
Chinese VC performs badly in H1 2012 owing to its terrible over-capacity and weak demand at home and abroad.
Market price of MSG in China declines under increasing cost and demand in H1 2012.
On Aug. 6, 2012, National Energy Administration issues 12th Five-Year Plan for Renewable Energy, which supports the development of cellulose fuel ethanol.
Domestic corn especially that in Northeast China, undergoes armyworm and typhoon disasters in Aug. 2012, decreasing the output of corn in 2012.
China’s import volume of cassava starch goes up by 13.0% in the first seven months of 2012 due to its increasing demand.
China’s import volume of DDGS surges by 163.5% in July 2012
Chinese corn products Imp. & Exp. analysis in July 2012
Domestic market price of corn starch enjoys uptrend in Aug.-Sept. 2012
Market prices of corn products as feed enjoy uptrend in China in Aug.-Sept. 2012
Changshouhua Food presents good performance in H1 2012
Baolingbao approved to produce and sell IMO as new feed additive
Longlive Bio-technology may perform better in H2 2012 against slightly poor performance in H1 2012
Chinese VC posts bad performance in H1 2012
China’s MSG price declines under increasing cost and demand in H1 2012
12th Five-Year Plan for Renewable Energy supports the development of cellulose fuel ethanol
Domestic corn suffers armyworm and typhoon disasters in Aug. 2012
China’s import volume of cassava starch up 13.0% in the first seven months of 2012
Meihua Holdings Group Co., Ltd.
Baolingbao Biology Co., Ltd.
Shandong Longlive Bio-technology Co., Ltd.
Fufeng Group Co., Ltd.
Changshouhua Food Company Limited