April 7, 2005

 

Corn prices generally stable in China; prices strengthen at the Yellow/Huai River regions (Apr 7, 2005)

 

An eFeedLink exclusive report
 

 

Corn prices in China were mostly stable early this week, with prices at the Yellow / Huai River production regions strengthening in recent days.

 

In the north-eastern production regions, corn prices continued to climb due to farmers' unwillingness to part with their stocks.

 

Prices of corn were generally stable at the southern consumption regions as well as the northern and southern Chinese ports.

 

China's Corn Price Update

Region

Moisture Content

Price

(RMB/tonne)

Northeast China

 

Ex-warehouse Price

Heilongjiang

14%

1,000-1,060

Jilin

14%

1,070-1,090

Liaoning

14%

1,100-1,120

East Inner Mongolia

14%

1,110

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%

1,220-1,260

Jiangsu, Zhejiang & Shanghai

14%

1,260-1,290

(Rail Station Price/CIF)

Central China

 

Rail Station Price

Hubei

14%

1,320

Southwest China

 

Rail Station Price

Sichuan

14%

1,350

Northern Ports

 

FOB

Dalian port

14%

1,190

Qinghuangdao port

14%

1,190

Southern Ports

 

Port Transaction Price

Shekou port in Shenzhen

14%

1,330

Huangpu port in Guangzhou

14%

1,320

Quanzhou port in Fujian

14%

1,320

Xiamen port in Fujian

14%

1,320

All prices are representative and are for reference only.

 

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