In 2012, China's import volumes of fresh
cassava and dry cassava increased by about 17.7% and 42.8% respectively.
Meanwhile, their prices decreased by about 11.5% and 9.8% respectively.
It
is predicted that the supply of domestic corn will keep sufficient in H1 2013
because of the increasing supply of corn and the expected continuously weak
demand for corn from downstream industries.
Besides, the sufficient supply
of corn set the stage for the decreased price of domestic corn starch sugars.
For example, the prices of high fructose corn syrup F55 (HFCS F55) and glucose
monohydrate, two major corn starch sugars in China, were USD620/t and USD565/t
in Nov. 2012, and they decreased to USD602/t and USD546/t in Jan. 2013
respectively.
Sweeteners China News is a monthly publication
released by CCM. It offers timely update
and close follow up of China
As a leading market research consulting company
in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports,
Newsletters, Buyer-Trader Information, Import/Export Analysis all through its
new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.
Contact
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