Corn Products China News 1302

In Feb. 2013, due to the sufficient supply and weak demand for corn in feed and corn deep-processing industries, domestic market price of corn kept steady–about USD390/t during its first uptrend phase which is usually located during the state temporary purchase period of corn. This was the first time that domestic market price of corn stopped keeping increasing during the temporary purchase period of corn over the last three years. Having experienced surplus corn supply at the end of 2011/2012, downstream producers and traders are not going to raise their purchase price of corn urgently because they believe the supply of corn in 2012/2013 will be sufficient, at least in the first half of 2012/2013.

Generally, the overall demand for corn products is weak in Feb. 2013. Since domestic market price of live pigs decreased unexpectedly since late Jan. 2013, the market price of corn products as feed or feed additives did not enjoy the small climax in market before the Spring Festival, the major festival in China. The market prices of most corn products as feed or feed additives kept steady in Feb. 2013. In addition, the market prices of starch sugars kept overall steady as the government launched state reserve for sugar to relieve the market price uptrend of sugar.

USDC preliminarily finds dumping of imports of xanthan gum from China

Chinese corn products Imp. & Exp. analysis in Dec. 2012

2012 review of Chinese corn products Imp. & Exp.

Domestic market price of HFCS remains downtrend in Feb. 2013

Market prices of corn products as feed keep steady in China in Feb. 2013

Baolingbao enjoys large development potential in 2013

Market price of corn oil fluctuates in China in 2012

BCAAs develop slowly in China in recent years

2012 review of corn market in China

Domestic market price of potato starch witnesses overall uptrend in 2012