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Corn Products China News 1401

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出版日期:2014/01/20
頁  數:29頁
文件格式:PDF
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In 2013 some domestic corn deep-processing products performed poorly, such as xanthan gum, Vitamin B2, MSG, and edible ethanol. Accordingly, manufacturers of these products suffered huge losses in that year. In an attempt to turn loss into gain in the near future, many companies have taken responsive measures. For example, Henan Lotus Flower Gourmet Powder Co., Ltd. has been committed to cost saving, and Hubei Guangji Pharmaceutical Co., Ltd. chose to suspend some Vitamin B2 production lines for a longer time to boost the price of this product.

By contrast, thanks to some favorable factors, the prices of other products such as furfural and corn germ meal rebounded or remained high in late 2013. Besides, Shandong Longlive Bio-technology Co., Ltd., the largest xylo-oligosaccharide producer in China, discovered a new way to sell its end products.

Meanwhile, there are two things worth noting. First, in Dec. 2013, China returned more unapproved GM DDGS to the US, after returned unapproved genetically modified (GM) corn to the US earlier that year. Second, avian influenza broke out again recently. If avian influenza widely breaks out in China, the domestic poultry industry, feed industry and some corn deep-processing industries may suffer great loss again.

RMB Exchange Rate: USD1=RMB6.1329; source: The People's Bank of China. Notably, the exchange rates in the table——Ex-works prices of corn products in China, Jan. 15, 2014 are different between on Jan. 15, 2014 and on Dec. 15, 2013.

China returns 2,000 tonnes of GM DDGS to the US

Chinese corn products Imp. & Exp., Nov. 2013

Export volume of China's furfural rebounds, Oct.-Nov. 2013

Price update of corn products, Jan. 2014

Review of the ex-works price of corn germ meal, H2 2013

Ex-works price of xanthan gum decreases sharply in 2013

Guangji Pharmaceutical suspends partial VB2 production line

Shandong Longlive opens online flagship shop at Tmall

Frequent outbreaks of avian influenza challenges poultry industry again

Edible ethanol industry undergoes downturn in 2013

Market price of wheat in China enjoys marked uptrend, June-Nov. 2013
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