2012/2013 Domestic Corn Market Hotspot Analysis

The 2012/2013 (Oct. 2012-Sept. 2013) Domestic Corn Market Hotspot Analysis Seminar (the Seminar) was held by Jilin Corn Center Exchange Ltd. in Changchun on Nov. 15, 2012. The content of the Seminar included supply and demand of corn both at home and abroad, temporary reserve of corn in 2012/2013, price trend of domestic corn market in 2012/2013, status quo and raw material purchase trend of domestic feed industry, analysis on the trend of corn deep-processing industry and so on. 

Jilin, as a major corn planting region of China, owns around 2.91 million ha. of corn planting fields in recent years, which provides an annual corn output exceeding 18.98 million tonnes. Located in the Songliao Plain, one of the three major corn planting belts, Jilin has unique advantages in climate and land resources. Besides, the promotion of improved corn varieties has greatly boosted the corn planting in Jilin.

Corn Products China News is a monthly publication released by CCM. It offers timely update and close follow-up of China’s various kind of corn market dynamics, as well as in-depth analysis of the market data and trends. Its major columns include the latest information on new price fluctuation, new market trends and intelligence, new legislations and policies, new technologies, new area dynamics and new corn supply that are shaping the market.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

Please visit http://www.cnchemicals.com for more information
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Tel: 86-20-37616606   Email: econtact@cnchemicals.com

Vietnam intended to raise the export tariff of multiple minerals

On Oct. 25, Vietnam's medium Th i Báo Kinh T Sài Gòn （TBKTSG） disclosed that Vietnam intended to raise the export tariff on multiple minerals, including phosphorus ore. Besides, the new export tariff on phosphorus ore will rise from 10%-15% to 15-25% and is expected to be implemented this year.

Vietnam's restriction on export of phosphorus ore takes a toll on the international market of phosphorus ore. As for China, the pressure may be exerted on domestic ammonium phosphate producers if Vietnam's ammonium phosphate industry gets a booming development in the future. For the moment at least, there's no intersection between China and Vietnam in terms of phosphorus ore business.

According to data from United Nations Commodity Trade Statistics Database (UN comtrade), India was the main export destination of Vietnam's phosphorus ore in 2008-2011. In 2011, Vietnam exported 586,846 tonnes of phosphorus ore, of which 71.11% was exported to India.

While for India, it seemed it did not rely too much on Vietnam's phosphorus ore. Among India's import of phosphorus ore in 2011, only 8.16% was from Vietnam. Generally speaking, Vietnam's push in this direction is definitely in the best interests of protecting local resources and restricting exports. In the meantime, it would be conducive to developing local downstream phosphorus products like yellow phosphorus and ammonium phosphate.

By the end of Oct. 2012, the capacity of phosphate in Vietnam had increased to 1,370,000t/a, whilst Vietnam's capacity expansion of ammonium phosphate was under way. In Jan. 2012, Vietnam National Chemical Corp. (VNCC) constructed its second ammonium phosphate facility. By 2015, VNCC's capacity of ammonium phosphate is expected to increase to 660,000t/a, which can surely boost the demand for phosphorus ore. In addition, this also can entail sufficient feedstock to supply its booming yellow phosphorus industry.

As the second largest holder of phosphorus ore resource in the world, China has been a net phosphorus ore exporter over these years. Phosphorus Industry China Monthly Report provides you the latest information on company dynamic, industry dynamic, factors impacting the price fluctuation, technology improvement, and supply & demand of China's phosphorus industry.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. 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.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China.

Tel: 86-20-37616606       Email: econtact@cnchemicals.com