Following are headline news of the latest issue of Corn Products China News:
IMO to replace
antibiotic to be a new feed additive
IMO to replace
antibiotic to be a new feed additive
MOC adjusts the dumping margins of the imported nucleotide
food additives
On 6 Aug., 2013,
MOF released an announcement on midterm review ruling on dumping of nucleotide
food additives imported from Cheil Jedang Indonesia, Kirin Miwon and Ajinomoto
Thailand.
Ex-works price of starch sugar experiences downtrend
in H1 2013
The ex-works price
of starch sugar experienced a downtrend in H1 2013, owing to the low price of
sucrose and the weak demand from the downstream industries.
Price update of corn products in Aug. 2013
Price update of
corn products in Aug. 2013
North China Pharmaceutical to issue 250 million
shares non-publicly
Recently, North
China Pharmaceutical has decided to issue 250 million stocks non-publicly,
which is related to the gloomy VC industry to some extent.
China's corn import volume declines sharply in H1
2013
China imported
1.52 million tonnes of corn in H1 2013, down 36.73% year on year.
Ajinomoto charges Global Bio-chem with patent
infringement again
Ajinomoto charges
Global Bio-chem with patent infringement again
Resurgence of H7N9 may cause decrease in demand for
feed
The demand for
feed may decrease because one more person infected with H7N9 in July, which
further dampens the poultry industry.
Ex-works price of MSG enjoys an uptrend recently
Recently, the
ex-works price of MSG enjoys an uptrend mainly because of the funding pressure,
the increasing cost and the decreasing supply of MSG.
Jinze Biological to export 200 tonnes of feed-grade
lysine
Jinze Biological
to export 200 tonnes of feed-grade lysine
DaChan Food's net profit declines sharply by 213.7%
in H1 2013
DaChan Food's net
profit declines sharply by 213.7% in H1 2013
Changshouhua Food's net profit to increase by
35%-40% in H1 2013
Changshouhua Food
predicts that its net profit will increase by 35%-40% in H1 2013, mainly owing
to the increasing sales volume of its self-owned brand edible oils.
Fufeng Group satisfied with the result of xanthan
gum anti-dumping investigations
Fufeng Group
recently released an announcement on its website saying it gained a huge
competitive edge over competitors in the US anti-dumping investigations for
xanthan gum imported from China.
Henan Lotus to move to industry clusters in
Xiangcheng city
Henan Lotus to
move to industry clusters in Xiangcheng city
MIIT publishes elimination list of inefficient
capacity in MSG, citric acid and alcohol industries
MIIT publishes
elimination list of inefficient capacity in MSG, citric acid and alcohol
industries
Luzhou Bio-Chem establishes new subsidiary in July
2013
Luzhou Bio-Chem
establishes new subsidiary in July 2013
Opinion solicitation for Approved Feed Additives
(2013) conducted
Opinion
solicitation for Approved Feed Additives (2013) was made by the Ministry of
Agriculture in July 2013, according to which application ranges of some
functional oligosaccharides would be expanded and some would be included as
feed additives.
Both import and export volumes of sucrose in China
decline in H1 2013
Both import and
export volumes of sucrose in China decline in H1 2013
Export business can not help solve oversupply of
China's corn starch
It is predicted
that the domestic corn starch producers can not solve the oversupply problem
through export business, and that the concentration ratio of the domestic corn
starch industry thereof may continue to increase in the near future.
Chinese corn products Imp. & Exp. analysis in
June 2013
In June 2013, the
total import value of corn products in China witnessed a month-on-month
decrease of 74% while the export value decreased by 5%.
Longlive Bio-technology obtains two accreditations
for products
Longlive
Bio-technology obtains two accreditations for products
Sinograin imports 960,000 tonnes GM corn from the
US in July
Sinograin imports
960,000 tonnes GM corn from the US in July
Baolingbao obtains two patents on 15 July
Baolingbao obtains
two patents on 15 July
Furfural in short
supply recently
The
operating rate of furfural companies in China decreased sharply from 30 June to
20 July this year, due to the heavy rain in this period.
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