April 28, 2005

 

Corn prices generally stable in China; prices move in a narrow range in southern consumption regions (Apr 28, 2005)

 

An eFeedLink exclusive report


 

Corn prices in China remained generally stable early this week, although prices moved in a narrow range at the southern consumption regions. 

 

Prices of corn were stable in the north-eastern production regions, as farmers were occupied with corn sowing for the next harvest. In the Yellow / Huai River production regions, corn prices remained weak as procurement activities declined in recent days.

 

China's Corn Price Update

Region

Moisture Content

Price

(RMB/tonne)

Northeast China

 

Ex-warehouse Price

Heilongjiang

14%

1,030-1,070

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%

1,180-1,200

Henan

14%

1,180-1,200

(Delivery Price)

East China

 

Delivery Price

Shandong

14%

1,210-1,250

Jiangsu, Zhejiang & Shanghai

14%

1,260-1,280

(Rail Station Price/CIF)

Central China

 

Rail Station Price

Hubei

14%

1,330

Southwest China

 

Rail Station Price

Sichuan

14%

1,340

Northern Ports

 

FOB

Dalian port

14%

1,200

Qinghuangdao port

14%

1,190

Southern Ports

 

Port Transaction Price

Shekou port in Shenzhen

14%

1,300

Huangpu port in Guangzhou

14%

1,310

Quanzhou port in Fujian

14%

1,340

Xiamen port in Fujian

14%

1,320

Prices are representative and for reference only

 

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