Corn Products China News 1110

Report Summary

The 5th International Corn Industry Conference, a platform of communication and cooperation for related government departments, producers, traders and investors in corn and related industries, was held on 22 Sept. 2011 by Dalian Commodity Exchange and Dalian Municipal People's Government. As a participator, CCM International draws a conclusion through communicating with the experts and their speeches that corn deep-processing industry will keep being restrained by government and corn price will also remain at a high level in 2012. It serves as a challenge and opportunity for corn deep-processing producers.

In addition, owing to the newly marketed corn in 2011, domestic corn price witnesses a slight decline in Oct. 2011, resulting in the decrease in corn starch price as well. However, their decline scales are not large and it's believed that they may still run at a high level in the long term.

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Headline

• PLA's import volume and export volume respectively increase by 43.2% and 8.4% during Jan. to Aug. 2011 over the corresponding period of 2010.
• HFCS witnesses a fast development in 2011, especially F55.
• Import volume of corn products in August 2011 witnesses an obvious increase, while the export volume suffers a slight decline.
• Domestic price of threonine has witnessed a downtrend since Aug. 2011, majorly due to its sluggish export demand.
• Domestic price of corn starch witnesses a downtrend in Oct. 2011, and the tendency may remain in the near future.
• Corn deep-processing industry in China may still be restrained in 2012.
• A new regulation on domestic VC industry may be published in 2011.
• The 12th Five-Year Plan of feed industry is published on 12 Oct. 2011, indicating a fast growth of the industry in the next five years.
• Star Lake Bioscience decides to improve lysine's production technology in its wholly-owned subsidiary in Zhaodong City.
• Ministry of Commerce of China announced its final determination of the anti-subsidy duty on EU's potato starch in Sept. 2011.
• Corn price in China witnesses a slight downtrend in Oct. 2011 due to the newly marketed corn in 2011.
• Large traders are becoming more and more important in domestic corn's circulation, bringing positive effects on the corn industry.

Companies Mentioned

• Global Bio-chem Technology Group Co., Ltd.
• Star Lake Bioscience Co., Inc.
• Northeast Pharmaceutical Group Co., Ltd.
• Wuhan COFCO Food Technology Co., Ltd.

Table Of Contents

Both PLA's import and export volumes witness increases in 2011
Fast development in China's HFCS industry
Chinese corn products Imp. & Exp. analysis in August 2011
Domestic threonine price has seen a downtrend since Aug. 2011
Domestic corn starch price heads down in Oct. 2011
China's corn deep-processing industry probably remain being restrained in 2012
Domestic VC industry may face a new regulation
The 12th Five-Year Plan of feed industry comes out
Star Lake Bioscience to improve lysine's production technology
7.5%-12.4%, final determination of the anti-subsidy duty on EU's potato starch
Corn price in China drops in Oct. 2011
Analysis into corn's trade pattern in China