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
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  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 202011

Price of this issue :
USD 316

Published on 30th November, 2020

On 13 Oct., Xiwang Foodstuffs received an inquiry letter from the SZSE concerning its H1 report. Plus, it reported revenue growth but a profit decline in Q1-Q3.

Published on 30th November, 2020

In Q1-Q3, COFCO Tech achieved revenue of USD2.09 billion (RMB13.98 billion, up 0.70% YoY) and net profit attributable to shareholders of USD79.64 million (RMB534 million, up 37.15% YoY). In an explanation for investor, COFCO Tech announced that it has completely grasped the production and processing technology for degradable biological materials by now.

Published on 30th November, 2020

Published on 30th November, 2020

Published on 30th November, 2020

This month, the citric acid price in China remained strong due to high corn prices; the price is expected to stay high next month.

Published on 30th November, 2020

Published on 30th November, 2020

Published on 27th November, 2020

The RCEP signed on 15 Nov. is expected to bring about new opportunities for China's import & export trade of the corn deep-processing industry.

Published on 27th November, 2020

Published on 26th November, 2020

Published on 26th November, 2020

Published on 26th November, 2020

On 4 Nov., Meng Qingshan, MeiHua Group's No.1 shareholder, was penalised by the CSRC for the manipulation of the corporate share price. At present, MeiHua Group has heavy liabilities but at the same time it continues to implement a high dividend policy.

Published on 24th November, 2020

LHG was approved by the CSRC for private stock issuance. In Q1-Q3, the company reversed its net profits after the deduction of non-recurring profit and loss to positive figures over the previous 10 years.

Published on 20th November, 2020

In late Oct., some regions in China announced that they would bring back the use of regular gasoline in a switch from motor ethanol gasoline. That will likely have a dramatic negative impact on the country's promotion of motor ethanol gasoline.

Published on 20th November, 2020

Published on 19th November, 2020

Published on 18th November, 2020

Published on 18th November, 2020

Published on 18th November, 2020

Published on 18th November, 2020

In Sept., China imported 1.08 million tonnes of corn, the highest since May 2016, with the US surpassing Ukraine as its largest supplier. During Jan.-Sept., China imported 6.67 million tonnes of corn in total – approaching the state's annual import quota of 7.20 million tonnes – up 73% YoY. 

Published on 13th November, 2020

BLB achieved dual growth in revenue and net profit for Q1-Q3; likewise, its rival Bailong Chuangyuan did so in H1. Recently BLB was considering price markups in its products due to soaring corn prices.

Published on 13th November, 2020

Since there is still a large gap between corn production and demand in China, breeding research and the opening of processing licenses regarding GM corn are expected to be further accelerated.

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