June 16, 2005

 

Corn prices in China mostly stable; prices move in narrow range at Yellow/Huai River regions (June 16, 2005)

 

An eFeedLink exclusive report
 

 

Corn prices in China were generally stable early this week, although marginal price gains were registered in some parts of the southern consumption regions.

 

In the north-eastern production regions, prices remained firm in view of the slow market entry of corn from the state-owned granaries. With farmers at the Yellow / Huai River production regions currently occupied with spring sowing, corn prices moved in a narrow range amid light trade in recent days.

 

China's Corn Price Update

Region

Moisture Content

Price  (RMB/tonne)

Northeast China

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Ex-warehouse Price

Heilongjiang

14%

1030-1060

Jilin

14%

1090-1100

Liaoning

14%

1120-1140

East Inner Mongolia

14%

1,110

North China

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Ex-warehouse Price

Hebei

14%

1160-1180

Henan

14%

1160-1180(Delivery Price)

East China

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Delivery Price

Shandong

14%

1190-1230

Jiangsu, Zhejiang & Shanghai

14%

1250-1280(Rail Station Price/CIF)

Central China

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Rail Station Price

Hubei

14%

1,320

Southwest China

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Rail Station Price

Sichuan

14%

1,350

Northern Ports

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FOB

Dalian port

14%

1,210

Qinghuangdao port

14%

1,190

Southern Ports

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Port Transaction Price

Shekou port in Shenzhen

14%

1,310

Huangpu port in Guangzhou

14%

1,310

Quanzhou port in Fujian

14%

1,310

Xiamen port in Fujian

14%

1,310

Prices are representative and for reference only

 

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