Following are headline news of the latest issue of Corn Products China News:
China's corn
output to reach 215 million tonnes in 2013/2014
According to
forecasts from the National Grain & Oils Information Center and the China
Food Industry Association, China's corn output may reach 215 million tonnes in
2013/2014, 7 million tonnes more than in 2012/2013. The increase in corn output
may result in a decrease in the price of corn.
Global Sweeteners'net loss increases to USD14.2
million, H1 2013
The net loss
attributable to the shareholders of Global Sweeteners increased to USD14.2
million in H1 2013, due to increasing production costs, according to the
company's 2013 semi-annual report released on August 29, 2013.
China's market price of VD3 rebounds sharply, Sept.
2013
The domestic
market price of VD3 rebounded to USD21,070/t in Sept. 2013 from USD10,211/t in
August 2013, mainly due to tight supply.
China's lowest purchasing price of wheat to rise by
RMB120/t in 2014
China's lowest
purchasing price of wheat to rise by RMB120/t in 2014
Low operating rate of soybean crushers relates to
tight supply of soybean
Low operating rate
of soybean crushers relates to tight supply of soybean
Price update of corn products, Oct. 2013
Price update of
corn products, Oct. 2013
China Agri-Industries' performance of biochemical
and bio-fuels segment maintains stable, H1 2013
As the 2013
semi-annual report of China Agri-Industries shown, the company's business of
biochemical and bio-fuels segment, which accounted for 18.02% of the total
revenue in H1 2013, maintained stable in H1 2013. The sales revenue from this
segment was USD935 million, nearly the same as that in H1 2012.
China's xylitol export value up but price down,
Jan.-Aug. 2013
In the first eight
months of 2013, China's export value of xylitol increased to USD33.62 million,
up 17.51% year on year, while the average export price of xylitol declined to
around USD3,180/t, down 12.07% year on year.
Xiwang Foodstuffs performs well in H1 2013
Xiwang Foodstuffs
performs well in H1 2013
International and domestic factors together impact
China's sucrose price in Q4 2013
It is predicted
that the latest minimum purchase price of sugarcane in the extraction season of
2013/2014 and import volume of sucrose in China in the remaining months of 2013
will be the key factors for the trend of China's sucrose price in Q4 2013.
Chinese corn products Imp. & Exp., Aug. 2013
In August 2013,
the total import value of corn products in China witnessed a MoM decrease of
70% and the export value decreased by 64% MoM.
Sixth International Corn Industry Conference holds
in Nanchang on Sept.
Sixth
International Corn Industry Conference holds in Nanchang on Sept.
COFCO Corporation to build Guangdong Grain & Oil
Industrial Park in Dongguan
COFCO Corporation
to build Guangdong Grain & Oil Industrial Park in Dongguan
Zhaoqing Coruscate's 600,000t/a starch syrup
project launches in Chuzhou
Zhaoqing
Coruscate's 600,000t/a starch syrup project launches in Chuzhou
Sales revenue from Star Lake Bioscience's feed
additives declines by 32.62% YoY, H1 2013
Sales revenue from
Star Lake Bioscience's feed additives declines by 32.62% YoY in H1 2013
Global Bio-chem
suffers gross loss of USD27.63 million, H1 2013
In H1
2013, Global Bio-chem suffered a gross loss of USD27.63 million while it earned
USD111.27 million in the same period in 2012, according to its 2013 semi-annual
report released on August 30, 2013.
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