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Price summary
Prices were stable amid a generally weak market.
|
Weekly transacted prices of second-grade corn in China (Moisture content 14%) | ||||
|
Region |
Price type |
Price as of Nov 23 (RMB/tonne) |
Price as of Nov 16 (RMB/tonne) |
Price change(RMB/tonne) |
|
Heilongjiang |
Ex-warehouse |
1,520-1,560 |
1,520-1,560 |
0 |
|
Jilin |
Ex-warehouse |
1,350 |
1,350 |
0 |
|
Dalian Port |
FOB |
1,560 |
1,560 |
0 |
|
Hebei |
Delivery Price |
1,500 |
1,520 |
-20 |
|
Henan |
Delivery Price |
1,480 |
1,500 |
-20 |
|
Shanxi |
Ex-warehouse |
1,420 |
1,420 |
0 |
|
Shandong |
Delivered-to-feedmill |
1,520 |
1,550 |
-30 |
|
Jiangsu |
Rail Station |
1,580 |
1,620 |
-40 |
|
Shanghai |
Rail Station |
1,740 |
1,740 |
0 |
|
Zhejiang |
Rail Station |
1,820 |
1,820 |
0 |
|
Jiangxi |
Rail Station |
1,660 |
1,680 |
-20 |
|
Hunan |
Rail Station |
1,760 |
1,760 |
0 |
|
Hubei |
Rail Station |
1,750 |
1,750 |
0 |
|
Sichuan |
Rail Station |
1,700 |
1,700 |
0 |
|
Guangdong |
CIF |
1,710 |
1,710 |
0 |
|
Southern part of Guangxi |
CIF |
1,750 |
1,780 |
-30 |
|
Fujian |
CIF |
1,690 |
1,690 |
0 |
|
All prices are representative and are for reference only.
RMB1=US$0.1464 (Nov 24) | ||||
Market analysis
Corn prices stabilised in most regions.
Corn trade was weak in the provinces east of Sichuan, leading to a fall in corn prices in those regions.
In the southern corn consumption provinces, feed millers and traders held back on corn purchases amid a pessimistic market outlook, thus causing corn prices to dip.
Market forecast
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