June 2, 2005
Corn prices mostly stable in China; prices continue to weaken at the ports (June 2, 2005)
An eFeedLink exclusive report
Corn prices in China were mostly stable early this week.
At the north-eastern production regions, prices of corn were generally stable amid light trade. Meanwhile, with the approach of winter wheat harvesting in the Yellow / Huai River production regions, farmers have slowed down their sales of corn, leading to price stability in recent days.
Corn prices in the southern consumption regions moved in a narrow range, while prices continued to weaken at the northern and southern ports.
|
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% |
1,110 |
|
North China |
Ex-warehouse Price | |
|
Hebei |
14% |
1,160-1,180 |
|
Henan |
14% |
1,160-1,180 (Delivery Price) |
|
East China |
Delivery Price | |
|
Shandong |
14% |
1,190-1,220 |
|
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% |
1,330 |
|
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% |
1,310 |
|
Xiamen port in Fujian |
14% |
1,300 |
|
Prices are representative and for reference only
All rights reserved. No part of the report may be reproduced without permission from eFeedLink. | ||
