Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Undefined

February 5, 2018
 
China Corn Weekly: Prices stagnant amid cautious mood (week ended Feb 2, 2018)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices stay stable.
 

Weekly transacted prices of second-grade corn in China (Moisture content 14%)

Region

City/ Port

Price type

Price as of Jan 26 (RMB/tonne)

Price as of Feb 2 (RMB/tonne)

Price change (RMB/tonne)

Heilongjiang

Haerbin

Ex-warehouse

1,640

1,710

70

Jilin

Changchun

Ex-warehouse

1,720

1,720

0

Liaoning

Shenyang

Ex-warehouse

1,810

1,810

0

Inner Mongolia

Tongliao

Ex-warehouse

1,760

1,760

0

Shandong

Dezhou

Ex-warehouse

1,800

1,800

0

Shandong

Weifang

Ex-warehouse

1,940

1,970

30

Hebei

Shijiazhuang

Ex-warehouse

1,820

1,820

0

Henan

Zhengzhou

Ex-warehouse

1,950

1,950

0

Jiangsu

Xuzhou

Ex-warehouse

1,940

1,940

0

Shaanxi

Xi'an

Ex-warehouse

1,850

1,880

30

Jiangsu

Lianyungang

Rail Station

1,850

1,850

0

Zhejiang

Hangzhou

Rail Station

1,930

1,920

-10

Shanghai

-

Rail Station

1,960

1,960

0

Sichuan

Chengdu

Rail Station

2,180

2,180

0

Liaoning

Dalian

FOB

1,860

1,860

0

Liaoning

Jinzhou

FOB

1,860

1,870

10

Guangdong

Shekou Port

CIF

1,920

1,910

-10

Fujian

Fuzhou

CIF

1,960

1,940

-20

All prices are representative and are for reference only.
RMB1=US$0.1587 (Feb 5)

 
 
Market analysis
 
Sales of corn remained limited as buyers were cautious while livestock market performs below expectations. However, with supplies limited, prices of corn remained stable in most regions. On average, corn prices rose a marginal 0.30%.
 
 
Market forecast
 
Feed millers are prudently delaying purchases of feed ingredients this year. Should they increase inventories in the coming week in preparation for the upcoming long festive holidays, corn market is likely to strengthen considerably.
 


 
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read