Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

March 27, 2017
 
China Corn Weekly: Light trade holds prices flat(week ended Mar 24, 2016)
 
An eFeedLink Exclusive
 
 
Price summary
 
Marginal price change.
 

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

Region

City/ Port

Price type

Price as of Mar 17 (RMB/tonne)

Price as of Mar 24 (RMB/tonne)

Price change (RMB/tonne)

Heilongjiang

Haerbin

Ex-warehouse

1,380

1,386

6.00

Jilin

Changchun

Ex-warehouse

1,510

1,510

0.00

Liaoning

Shenyang

Ex-warehouse

1,530

1,530

0.00

Inner Mongolia

Tongliao

Ex-warehouse

1,520

1,514

-6.00

Shandong

Dezhou

Ex-warehouse

1,622

1,622

0.00

Shandong

Weifang

Ex-warehouse

1,612

1,610

-2.00

Hebei

Shijiazhuang

Ex-warehouse

1,612

1,614

2.00

Henan

Zhengzhou

Ex-warehouse

1,610

1,610

0.00

Jiangsu

Xuzhou

Ex-warehouse

1,640

1,640

0.00

Shaanxi

Xi'an

Ex-warehouse

1,580

1,592

12.00

Jiangsu

Lianyungang

Rail Station

1,640

1,640

0.00

Zhejiang

Hangzhou

Rail Station

1,680

1,686

6.00

Shanghai

-

Rail Station

1,680

1,686

6.00

Sichuan

Chengdu

Rail Station

1,850

1,852

2.00

Liaoning

Dalian

FOB

1,518

1,516

-2.00

Liaoning

Jinzhou

FOB

1,518

1,514

-4.00

Guangdong

Shekou Port

CIF

1,630

1,632

2.00

Fujian

Fuzhou

CIF

1,640

1,640

0.00

All prices are representative and are for reference only.
RMB1=US$0.1455 (Mar 27)

 
 
Market analysis
 
Sales of corn were limited as feed millers withheld buying after securing some supplies of late. However, traders stood firm with inventories substantially reduced after the recent round of purchases.
 
On average, corn prices inched up 0.08% during the week in review.
 
 
Market forecast
 
Feed millers will continue to keep corn inventories low while the outlook of the livestock industry remains uncertain. Corn market is expected to stay soft although supplies are limited. However, sharp falls in prices are less likely as most traders have cleared excess stocks.
 

 


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