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Corn Products China News

Publication: Monthly on the
Published by CCM

Corn Products China News provides you with real-time intelligence on China's corn products market.
 
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
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  • The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
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  • In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
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  • Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations
Corn Products China News is also available as a monthly newsletter, which can be downloaded in PDF format. For more information, you can download a free sample below, or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.

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Main Content of Corn Products China News 202106

Price of this issue :
USD 146

Published on 1st July, 2021

On 22 June, proposed approval on Jilin Meihua's 300,000 t/a Lysine and Supporting Engineering Project by Baicheng Municipal Ecological Environment Bureau is released. The project, with a total investment of USD341.35 million (RMB2.17 billion), is to be put into trial production on 30 Dec. 2021 and to process 865,800 t/a corn after its official commencement.

Published on 1st July, 2021

By the end of May, Huakang Pharma had finished the main-body construction, equipment installation and debugging, plus other work necessary for starting its 30,000 t/a sorbitol technology adaptation project, and the project had been in the trial production stage in all respects. Once the project commences production, it will contribute another 30,000 t/a of crystalline sorbitol to Huakang Pharma and enlarge the company's product supply. This will not only provide a new source of profit growth for the company, but will also increase both its core competitiveness and profitability.

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

On 18 June, Sino-US Cargill Biotech Industrial Park had six new projects launch production together, which would help facilitate clusterisation processes of corn deep-processing industry in Songyuan. The day before that, Cargill Inc. and United Nations World Food Programme co-started a three-year pilot project of integrated agricultural risks management, helping corn farmers in the pilot area raise their resilience against impacts.

Published on 1st July, 2021

Henan Jinyumi, a subsidiary of Mengzhou Jinyumi, plans to establish a 200,000 t/a starch sugar (functional starch sugar included) project, with a total investment of USD166.74 million (RMB1.06 billion).

Published on 1st July, 2021

Published on 1st July, 2021

On 26 May, Heilongjiang Agriculture and Agricultural Products Processing Project Investment Promotion Conference was successfully held, which aimed to invite enterprises of all kinds in this industry to pay a visit to Heilongjiang, negotiate businesses, and start investment and entrepreneurship in the province. The conference stressed that Heilongjiang Province at large would focus on processing business of such competitive crops as corn, rice, and soybean in future. By 2025, the whole industry chain of corn in the entire province will expand by 20%, with a net increase of USD15.73 billion (RMB100 billion) in output value.

Published on 1st July, 2021

Published on 1st July, 2021

In response to the continue increasing in corn price, since mid-June, Sinograin have launched three special auctions of imported corn to lead corn market to step into a new round of downward trend.

Published on 1st July, 2021

Central government fund channeled great efforts into financing indigenous GM breeding giants. On 11 June, Longping High-Tech released an announcement that Central SOEs Fund obtained 34.17% shares of its subsidiary Longping Biotech at a total value of USD64.49 million (RMB410 million). On 27 April earlier this year, Modern Seeds Funds and Central SOEs Fund had already invested in another GM breeding giant—DBN Biotech, a subsidiary of DBN Group.

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

In Q2 of 2021, China's MSG price dropped month by month with the average ex-works price standing at USD1283.55/t, down 2.58% compared to the figure in Q1. The main factors accounting for the price drop included a small cut in the price of raw material corn, the pileup of MSG inventory resulted from weak demand in downstream market and decreasing exports.

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

Published on 1st July, 2021

China's citric acid exports continued the downward trend between Jan. and April 2021, mainly because the export prices of citric acid in China have rapidly increased since the start of this year, eroding its exporting advantage, plus the impact of the COVID-19 pandemic which has led to a weak export demand for citric acid. It's worth noting that the European Commission issued an announcement on 15 April that it decided to continue to impose anti-dumping duties on the imports from China's citric acid enterprises, which is predicted to cause extra restrictions to China's citric acid exports.

Published on 1st July, 2021

Published on 1st July, 2021

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