March 3, 2005

 

Corn prices largely stable in China; edged higher at southern consumption regions (Mar 3, 2005)

 

An eFeedLink® Exclusive Report
 

 

Corn prices in China were mostly stable early this week, with prices up marginally in some regions.

 

Prices of corn edged higher in some parts of the southern consumption regions, as the reduced availability of rail transport affected outbound corn delivery.

 

In the north-east and Yellow / Huai River production regions, corn prices remained generally stable in recent days.

 

China's Corn Price Update

Region

Moisture Content

Price  (RMB / ton)

Northeast China

 

Ex-warehouse Price

Heilongjiang

14%

940-980

Jilin

14%

1040-1060

Liaoning

14%

1070-1080

East Inner Mongolia

14%

1080

North China

 

Ex-warehouse Price

Hebei

14%

1160-1190

Henan

14%

1160-1190

(Delivery Price)

East China

 

Delivery Price

Shandong

14%

1200-1240

Jiangsu, Zhejiang & Shanghai

14%

1220-1260

(Rail Station Price/CIF)

Central China

 

Rail Station Price

Hubei

14%

1300

Southwest China

 

Rail Station Price

Sichuan

14%

1330

Northern Ports

 

FOB

Dalian port

14%

1150

Qinghuangdao port

14%

1150

Southern Ports

 

Port Transaction Price

Shekou port in Shenzhen

14%

1270

Huangpu port in Guangzhou

14%

1270

Quanzhou port in Fujian

14%

1290

Xiamen port in Fujian

14%

1290

All prices are representative and are for reference only.

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