Published on the 20th
every month, Corn Products China News is a
monthly publication released by CCM International. It offers timely update and close follow up of
China
Following are headline news of
the latest issue of Corn Products China News:
Domestic VC suffers from
anti-monopoly sue from the US
Recently, the US announces that
the case about Chinese VC producers' monopoly over the US VC industry will be
court on Nov. 5, 2012.
Brazil reaches price commitment with Chinese citric acid and citrate
exporters
On July 24, 2012, Brazil
Chinese corn products Imp. & Exp. analysis in June 2012
In June 2012, China's import
value of corn products soars by 295% while their export value decreases by 8%
compared with those in May 2012.
Domestic market price of corn oil keeps stable in Aug. 2012
Domestic market price of corn oil
keeps stable in Aug. 2012 owing to the terminated increase of the market price
of corn embryo.
China's market prices of four key amino acids increase or keep stable in
Aug. 2012
China's market prices of four key
amino acids increase or keep stable in Aug. 2012 mainly because of the not
decreasing market price of live pigs.
Baolingbao enjoys uptrend in its performance in H1 2012
The net profit of Baolingbao
witnesses a 18.6% growth, showing good performance in H1 2012.
Two new subsidiary companies to make Meihua Group more competitive
On July 13, 2012, Meihua Group
announces that it plans to set up two new subsidiary companies, Emin Amino
Acids and Langfang Biotechnology, which will make Meihua Group more competitive
in China.
Shengquan Group launches 20,000t/a cellulose ethanol production line in
Mid-August
Shengquan Group puts its
20,000t/a cellulose ethanol production line into production in Mid-August,
2012.
Domestic corn starch sees depressed performance in H1 2012
Domestic corn starch suffers high
cost and weak demand, performing poorly in H1 2012.
Inferior capacity of citric acid, MSG and alcohol to be eliminated by
late 2012
On July 9, 2012, MIIT announces
that enterprises with inferior capacity and high pollution & energy
consumption in citric acid, MSG and alcohol industries are to be eliminated by
late 2012.
China's import volume of corn surges by about 67 times in H1 2012
China's import volume of corn in
H1 2012 surges by about 67 times compared with that in H1 2011.
Domestic market price of DDGS sees uptrend in Aug. 2012
Domestic market price of DDGS
maintains a little uptrend due to its increasing cost and strong demand from
feed industry.
14th ICC Cereal and Bread Congress and Forum on Fat & Oil held on
August 6, 2012
14th ICC Cereal and Bread
Congress and Forum on Fat & Oil held on August 6, 2012
The US’ anti-dumping probe into China-made xanthan gum continues
The US' anti-dumping probe into
China-made xanthan gum continues
Xiwang Sugar performs poorly in Q2 2012
Xiwang Sugar performs poorly in
Q2 2012
Ukraine to strengthen cooperation and trade of agricultural produces
with China
Ukraine to strengthen cooperation
and trade of agricultural produces with China
3rd DDGS Congress to be held in
Sept. 2012
3rd DDGS Congress to
be held in Sept. 2012
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