July 7, 2005
Corn prices in China edge higher in most regions early this week (Jul 7, 2005)
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Corn prices in China edged higher in most regions early this week.
Prices continued to strengthen in the north-eastern production regions amid improved trade there.
Prices in the Yellow / Huai River production regions picked up slightly in recent days, particularly in Shandong province where tight local corn supplies caused prices to rise significantly.
Meanwhile, despite insignificant increases in transactions, corn prices in some parts of the southern consumption regions continued to rise marginally, pushed higher by prices in the production regions.
|
China's Corn Price Update | ||
|
Region |
Moisture Content |
Price (RMB/tonne) |
|
Northeast China |
|
Ex-warehouse Price |
|
Heilongjiang |
14% |
1,060-1,100 |
|
Jilin |
14% |
1,110-1,130 |
|
Liaoning |
14% |
1,130-1,150 |
|
East Inner Mongolia |
14% |
1,130 |
|
North China |
|
Ex-warehouse Price |
|
Hebei |
14% |
1,170-1,190 |
|
Henan |
14% |
1,170-1,190 (Delivery Price) |
|
East China |
|
Delivery Price |
|
Shandong |
14% |
1,220-1,260 |
|
Jiangsu, Zhejiang & Shanghai |
14% |
1,260-1,290 (Rail Station Price/CIF) |
|
Central China |
|
Rail Station Price |
|
Hubei |
14% |
1,320 |
|
Southwest China |
|
Rail Station Price |
|
Sichuan |
14% |
1,340 |
|
Northern Ports |
|
FOB |
|
Dalian port |
14% |
1,220 |
|
Qinghuangdao port |
14% |
1,210 |
|
Southern Ports |
|
Port Transaction Price |
|
Shekou port in Shenzhen |
14% |
1,300 |
|
Huangpu port in Guangzhou |
14% |
1,310 |
|
Quanzhou port in Fujian |
14% |
1,330 |
|
Xiamen port in Fujian |
14% |
1,330 |
| Prices are representative and for reference only | ||
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