February 17, 2005

 


Corn prices mostly stable in China; prices weak at northern, southern ports (February 17, 2005)


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Corn prices remained generally stable in China early this week due to sluggish demand in the market during the Spring Festival holidays.


In the northern and southern Chinese ports, increased availability of supplies and slow sales led to prices dropping in recent days.

 

China's Corn Price Update

Date: February 16, 2005

Unit: RMB/Ton

Region

Moisture Content

Price

North-east China

 

Ex-warehouse Price

Heilongjiang

14%

930-980

Jilin

14%

1,030-1,050

Liaoning

14%

1,060-1,070

East Inner Mongolia

14%

1,070

North China

 

Ex-warehouse Price

Hebei

14%

1,160-1,180

Henan

14%

1,160-1,180

(Delivery Price)

East China

 

Delivery Price

Shandong

14%

1,200-1,230

Jiangsu, Zhejiang & Shanghai

14%

1,240-1,270

(Rail Station Price/CIF)

Central China

 

Rail Station Price

Hubei

14%

1,280

South-west China

 

Rail Station Price

Sichuan

14%

1,330

Northern Ports

 

FOB

Dalian port

14%

1,150

Qinghuangdao port

14%

1,150

Southern Ports

 

Port Transaction Price

Shekou port. Shenzhen

14%

1,260

Huangpu port, Guangzhou

14%

1,270

Quanzhou port, Fujian

14%

1,280

Xiamen port, Fujian

14%

1,280

Price are representative figures for transactions

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