March 31, 2005
Corn prices mostly stable in China; positive leads boost prices at the north-eastern regions (Mar 31, 2005)
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Corn prices in China were mostly stable early this week.
Boosted by positive leads on China's corn exports, prices at the north-eastern production regions increased steadily in recent days. Corn prices in the Yellow / Huai River production regions continued to edge higher due to a rise in transaction volume.
With increased supplies arriving at the southern consumption regions, corn prices were generally stable although prices slipped at some of the Chinese ports in recent days.
|
China's Corn Price Update | ||
|
Region |
Moisture Content |
Price (RMB/tonne) |
|
Northeast China |
|
Ex-warehouse Price |
|
Heilongjiang |
14% |
990-1,050 |
|
Jilin |
14% |
1,070-1,080 |
|
Liaoning |
14% |
1,100-1,120 |
|
East Inner Mongolia |
14% |
1,100 |
|
North China |
|
Ex-warehouse Price |
|
Hebei |
14% |
1,180-1,210 |
|
Henan |
14% |
1,180-1,210 (Delivery Price) |
|
East China |
|
Delivery Price |
|
Shandong |
14% |
1,200-1,240 |
|
Jiangsu, Zhejiang & Shanghai |
14% |
1,260-1,280 (Rail Station Price/CIF) |
|
Central China |
|
Rail Station Price |
|
Hubei |
14% |
1,320 |
|
Southwest China |
|
Rail Station Price |
|
Sichuan |
14% |
1,340 |
|
Northern Ports |
|
FOB |
|
Dalian port |
14% |
1,185 |
|
Qinghuangdao port |
14% |
1,180 |
|
Southern Ports |
|
Port Transaction Price |
|
Shekou port in Shenzhen |
14% |
1,320 |
|
Huangpu port in Guangzhou |
14% |
1,320 |
|
Quanzhou port in Fujian |
14% |
1,310 |
|
Xiamen port in Fujian |
14% |
1,310 |
| All prices are representative and are for reference only. | ||
