May 12, 2005
Corn prices generally stable in China; significant price falls seen in the eastern regions (May 12, 2005)
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Corn prices in China were generally stable early this week, with prices in the north-eastern production regions continuing to hover at high levels amid light trade.
At the Yellow / Huai River production regions, prices of corn slipped marginally in recent days due to the outbreak of livestock diseases. Corn prices remained weak in the southern consumption regions, while increased supplies in eastern China caused prices to fall significantly.
|
China's Corn Price Update | ||
|
Region |
Moisture Content |
Price (RMB/tonne) |
|
Northeast China |
|
Ex-warehouse Price |
|
Heilongjiang |
14% |
1,030-1,060 |
|
Jilin |
14% |
1,080-1,090 |
|
Liaoning |
14% |
1,120-1,130 |
|
East Inner Mongolia |
14% |
1110 |
|
North China |
|
Ex-warehouse Price |
|
Hebei |
14% |
1,160-1,190 |
|
Henan |
14% |
1,160-1,190 (Delivery Price) |
|
East China |
|
Delivery Price |
|
Shandong |
14% |
1,190-1,230 |
|
Jiangsu, Zhejiang & Shanghai |
14% |
1,240-1,260 (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% |
1,190 |
|
Qinghuangdao port |
14% |
1,190 |
|
Southern Ports |
|
Port Transaction Price |
|
Shekou port in Shenzhen |
14% |
1,300 |
|
Huangpu port in Guangzhou |
14% |
1,300 |
|
Quanzhou port in Fujian |
14% |
1,330 |
|
Xiamen port in Fujian |
14% |
1,320 |
| Prices are representative and for reference only | ||
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