June 30, 2005

 

Corn prices in China stable to higher early this week amid low supplies in some regions (June 30, 2005)

 

An eFeedLink exclusive report
 

 

Corn prices in China edged higher in some regions early this week. Prices continued to strengthen in the north-eastern production regions as supplies remained low.

 

Demand for corn in the Yellow / Huai River production regions picked up slightly in recent days, causing prices to rise marginally in some areas.

 

Meanwhile, corn prices in some parts of the southern consumption regions also increased marginally due to tight supplies there.


 

China's Corn Price Update

Region

Moisture Content

Price  (RMB/tonne)

Northeast China

 

Ex-warehouse Price

Heilongjiang

14%

1,050-1,090

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%

1,160-1,180

Henan

14%

1,160-1,180

(Delivery Price)

East China

Delivery Price

Shandong

14%

1,200-1,240

Jiangsu, Zhejiang & Shanghai

14%

1,250-1,280

(Rail Station Price/CIF)

Central China

 

Rail Station Price

Hubei

14%

1,310

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%

1,290

Huangpu port in Guangzhou

14%

1,300

Quanzhou port in Fujian

14%

1,320

Xiamen port in Fujian

14%

1,320

Prices are representative and for reference only

 

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