Welcome to the Feb. Issue of Corn Products China News.
This newsletter 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. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, Chinese government policy, performance of leading Chinese producers, M&A, new technologies, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the Feb. issue specifically:
In Feb., the harvest work of newly-harvested corn in Jilin, Liaoning and Heilongjiang had been finished. Coupled with the coming of
Spring Festival in the middle of the month, corn transactions cooled down. The corn markets in Northeast and North China have
kept prosperous since the launch of new corn in Dec. 2017, with corn prices have maintained uptrend. In the meanwhile, the State
Administration of Grain issued the quality report of corn that was newly harvested from 9 provinces in 2017, which showed that the
average quality is poorer than 2016, with lower first-grade corn proportion, and higher content of unsound kernel and mouldy kernel.
And the China National Grain and Oils Information Centre issued the latest annual report for corn supply and demand, which
showed that the corn supply gap reached 25.61 million tonnes in 2017/18.
As the Spring Festival was ended, most corn product producers resumed production. From 15 to 20 Feb. during the festival, the
domestic operating rate of corn starch reached 53.93%, and the figure rebounded to more than 70% from 21 to 28 Feb. CCM
predicted that the corn starch prices will drop in the short term.
According to China Customs, China imported about 18.63 million tonnes of corn substitutes (including sorghum, barley, wheat, and
DDGS) in 2017, up 4% YoY. Of these, barley import volumes reached the most, up 77.09% YoY. On the contrary, DDGS import
volumes hit the least, down by 87.26% YoY. In Dec. along, there were no DDGS imports.
Recently many enterprises planned to construct live pig projects. Sichuan Giantstar signed with Luzhou's government on a 2 million
head/a live pig poverty alleviation and complete industrial chain project. New Hope Liuhe decided to construct a 2 million head/a
live pig project in Inner Mongolia's Tongliao, and said this project will boost feed demand by 600,000 tonnes.
Corn China News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
Table of Contents
Column 1 Governmental Direction
Jilin to issue subsidy policy for feed processing companies
Delimitation of functional regions of corn production starts in China
Column 2 Market Dynamics
Latest developments of 8 corn deep processing projects in Tongliao, Inner Mongolia
China Special Corn Research Centre opens in Shanghai
Column 3 Company Developments
NHU decides to build biological fermentation project in Heilongjiang
COFCO Biochemical to acquire COFCO's fuel ethanol assets for better development
Kenfeng Seed's net profit down YoY in 2017
Longping High-Tech plans to acquire 90% of Beijing Lantron
Column 4 Import & Export Analysis
Chinese corn products Imp. & Exp., Jan. 2018
MOA clarifies longer process of applying for GMO safety certificates
Column 5 Price Update
Price update of corn products, March 2018
Policy and market rumours produce frequent fluctuations in corn prices
Column 6 News in Brief
CGRC's corn auction ends with high transaction price
19 corn varieties selected in Heilongjiang's technical innovation project
China's corn output cut by 1 .70% YoY in 2017
MOA officials respond to commercial cultivation of GM corn
Shenzhen Jinxinnong to start many pig projects
MOA suggests not blindly expanding corn planting areas
Liaoning to reduce 40,000+ ha of corn planting areas in non-major production regions
Report on the Work of the Government reduces prices of electricity for general industrial and commercial use
NHU wants a share of profits in Heilongjiang's corn deep processing market
China Shengmu signed feed supply agreement with Dabeinong
Heilongjiang issues subsidy policy for corn purchasing and processing