June 23, 2005
Corn prices in China mixed; prices strengthen in north-eastern regions on low supplies (June 23, 2005)
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Corn prices in China were mixed early this week. Prices continued to strengthen in the north-eastern production regions as supplies ran low.
Prices of corn in the southern consumption regions remained generally stable; however, prices moved lower in some areas as rainstorms affected sales in recent days.
Meanwhile, light trade in the Yellow / Huai River production regions continued to put downward pressure on prices.
|
China's Corn Price Update | ||
|
Region |
Moisture Content |
Price (RMB/tonne) |
|
Northeast China |
Ex-warehouse Price | |
|
Heilongjiang |
14% |
1,040-1,080 |
|
Jilin |
14% |
1,100-1,120 |
|
Liaoning |
14% |
1,120-1,140 |
|
East Inner Mongolia |
14% |
1,120 |
|
North China |
Ex-warehouse Price | |
|
Hebei |
14% |
1,150-1,180 |
|
Henan |
14% |
1,150-1,180 (Delivery Price) |
|
East China |
Delivery Price | |
|
Shandong |
14% |
1,190-1,230 |
|
Jiangsu, Zhejiang & Shanghai |
14% |
1,250-1,280 (Rail Station Price/CIF) |
|
Central China |
|
Rail Station Price |
|
Hubei |
14% |
1,300 |
|
Southwest China |
Rail Station Price | |
|
Sichuan |
14% |
1,350 |
|
Northern Ports |
FOB | |
|
Dalian port |
14% |
1,205 |
|
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% |
1,310 |
|
Prices are representative and for reference only
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