Following are headline news of the latest issue of Corn Products China News:
2013 annual review of China's corn
product industry
In 2013, the domestic corn products industry has faced great
challenges, and most corn deep-processing industries even suffered losses under
the background of high raw material costs, lower prices of products from
downstream industries at both home and abroad, as well as governmental
supervision. However, some corn deep-processing products still have
opportunities to develop.
2013/2014 minimum sugarcane
purchase price in Guangxi decreased
The government of Guangxi further decreased the 2013/2014
minimum sugarcane purchase price in Guangxi. It is predicted that the decrease
in the minimum sugarcane purchase prices in other sugarcane growing regions
will be a foregone conclusion in 2013/2014.
Applications of functional
oligosaccharide in soybean products and collagen beverage
With several years' development of functional
oligosaccharide, its good properties have been gradually accepted. In this
paper, the authors mainly analyse applications of the product in soybean
products and collagen beverage.
Meihua Group's annual net profit to
increase in 2013
Meihua Group's annual net profit to increase in 2013
Meihua Group commits to product
development recently
Recently, Meihua Group has been committed to develop its
products like organic fertilizer, MSG and xanthan gum as well as expanding new
business fields.
China's ex-works price of lysine
shows overall decline, Jan.-Nov. 2013
According to data from CCM, the ex-works price of lysine in
China underwent an overall downtrend during Jan.-Nov. 2013, mainly due to
decreasing demand and increasing supply.
Changchun Dacheng cooperates with
Itochu Corporation in feed business
Changchun Dacheng cooperates with Itochu Corporation in feed
business
Guangji Pharmaceutical's net profit
to increase significantly in 2013
Guangji Pharmaceutical's net profit to increase significantly
in 2013
Price update of corn products, Dec.
2013
Price update of corn products, Dec. 2013
China returns 120,000 tonnes of GM
corn to the US again
On Dec. 4, 2013, the AQSIQ reported that China has again
returned 120,000 tonnes of corn to US exporters, as the domestic Entry-Exit
Inspection & Quarantine Bureau found that the corn was unapproved GM corn
containing the MIR162 ingredient.
North China Pharmaceutical to
compensate USD153 million for VC price fixing
On Dec. 3, 2013, North China Pharmaceutical announced that
its subsidiary Welcome Pharmaceutical was ruled by a US district court to pay
compensation of USD153 million in a VC antitrust lawsuit, and that Welcome
Pharmaceutical has decided to appeal again.
EU launches anti-dumping sunset
review investigation on China's MSG
EU launches anti-dumping sunset review investigation on
China's MSG
China's ex-works price of citric
acid undergoes downtrend, Sept.-Nov. 2013
According to data from CCM, the domestic ex-works price of
citric acid underwent a downtrend during Sept.-Nov. 2013, due to weak demand
and decreasing cost support.
China's inositol export value up
but volume down, Jan.-Oct. 2013
According to data from China Customs, during Jan.-Oct. 2013,
China's export value of inositol reached USD48.2 million, with a large
year-on-year growth rate of 56.7%, while its export volume fell to 3,080 tonnes
in this period, down 11.2% year on year.
Overview of new carbohydrate
source—solid fructose-glucose
Solid fructose-glucose is a new carbohydrate source and its
main ingredients are glucose and fructose. Solid fructose-glucose is generated
after vacuum drying and crushing of the raw material——high fructose corn syrup
(HFCS). It has more advantages and can be more widely used than HFCS.
Northeast Pharmaceutical acquires
the high-tech enterprise certificate
Northeast Pharmaceutical acquires the high-tech enterprise
certificate
Nationwide government corn purchase
for temporary reserve starts
On Nov. 25, 2013, Sinograin, the designated enterprise,
started the government corn purchase for temporary reserve. The other
enterprises commissioned to purchase will also start the corn purchase once
they obtain approval and get funds from the government. The deadline of this
purchase of corn for temporary reserve is on April 30, 2014.
Chinese corn products Imp. &
Exp., Oct. 2013
In Oct. 2013, the total import value of corn products in
China witnessed a significant MoM increase of 251% while the total export value
declined slightly by 6% MoM.
2nd China's Corn Industry Executive
Summit to held in Liaoning
2th China's
Corn Industry Executive Summit to held in Liaoning
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