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January 07, 2013 05:20 AM Eastern Daylight Time 

Research and Markets: Corn Products China News 11/2012

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3rmjkc/corn_products) has announced the addition of the "Corn Products China News 11/2012" report to their offering.

In early and middle Nov. 2012, the domestic market price of corn maintained a downtrend but the downtrend was much gentler than that in Oct. 2012 because the temporary reserve of corn was approaching and many insiders thought the temporary reserve price would be higher than that in 2011 considering the cost of corn planting increased in 2012. In fact, Jilin Corn Center Exchange has verified that the average temporary reserve price in northeastern China (including Heilongjiang, Jilin, Liaoning and Inner Mongolia) would be about USD342/t (RMB2,140/t). But when the temporary reserve will launch is not sure yet.

Corn products performed poorly in general in Nov. 2012. The market price of live pigs and sugar stayed low, inhibiting demand for corn products in sweetener and feed industries, two major consumption areas of corn products. In fact, the gloomy market of these two products in the first eleven months of 2012 has made many corn product producers suffer decreasing profit. Some producers even predicted that they would suffer loss in 2012 according to their Q3 2012 reports.

Key Topics Covered:

Domestic overall demand for corn products may keep weak in H1 2013

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

Market price of HFCS declines in China during Oct. 2012-Nov. 2012

Domestic market prices of corn products used as feed decline during Oct.-Nov. 2012

Exclusive interview with Vice President Chen: Part of Xinjiang Fufeng's production lines will be put into production in Nov. 2012

Competitive analysis into Changshouhua Food and Xiwang Food

Baolingbao shows confidence in itself despite a bit declining performance in Q3 2012

Crystalline fructose-a highlight of Xiwang Sugar in Q3 2012

MSG develops stably in China in recent years

MOC launches mid-term review of anti-dumping of ribonucleotide products

Ukraine allowed to export corn to China

Sugar: review in 2011/2012 and outlook in 2012/2013

Companies Mentioned

- Fufeng Group Co., Ltd.

- Star Lake Bioscience Co., Inc. Zhaoqing Guangdong

- Baolingbao Biology Co., Ltd.

- Xiwang Sugar Holdings Company Limited

- Changshouhua Food Company Limited

- Shandong Xiwang Food Co., Ltd.

For more information visit http://www.researchandmarkets.com/research/3rmjkc/corn_products.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Agriculture

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