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Thursday, September 12, 2013
China's 2013 corn output may reach 215 million tonnes
China National Grain and Oils Information Centre's (CNGOIC) forecast revealed that China's corn output this year is likely to rise 4.6% to a record 215 million tonnes. CNGOIC said that rice production may slip 1% from last year to 202 milli ...
Monday, September 9, 2013
China Corn Weekly: Market gains temporary relief with reduced supplies (week ended Sep 6, 2013)
As supplies of spring crops from the south depleted, China corn market was relieved from the downward pressure and stabilised in most regions. A few regions saw prices rebound as feed millers resorted back to old stocks.
Monday, September 9, 2013
China may import 20-30 million tonnes corn annually
In order to cover growing supply shortages, China could import 20 million to 30 million tonnes of corn a year, as much as four times current levels. This could be around a quarter of globally traded corn and up to twice as much as Japan buy ...
Thursday, September 5, 2013
China to approve corn imports from Brazil
China is expected to approve corn imports from Brazil, a decision which will permit grain shipments in 2013 and 2014. "The process is complex and lengthy because it involves information and questionnaires, which have to be filed in Mandarin ...
Monday, September 2, 2013
China Corn Weekly: Market founders amid increasing supplies, low demand (week ended Aug 30, 2013)
China corn market faced more downward pressure as spring crops replenished the supplies in the south, while crops from Henan entered the market in the north. Couple with low demand from the livestock and feed industries, market stayed on co ...
Thursday, August 29, 2013
China's 2013 corn output estimates may be lowered on heavy rains
Due to rain and flooding in the northeast that damaged crops, corn output in China may be less than projected this year, according to a local researcher, thus boosting the need for more imports. Production may fall about 2.7% from an August ...
Monday, August 26, 2013
China Corn Weekly: Market tumbles for another week (week ended Aug 23, 2013)
Traders in the north-east region were eager to sell in order to clear old stocks, and sales were slowing in Huabei due to low demand; while in the south, the spring harvest of corn entered the market and reinforced supplies, which dragged d ...
Monday, August 19, 2013
China Corn Weekly: Prices continue to fall by 0.26% (week ended Aug 16, 2013)
Though old corn prices in the north-east remained stable, sales were entering a bottleneck and showing signs of weakening, as the inventory was depleted. While in Huabei region, market was mainly focused on sales. Though traders were eager ...
Monday, August 12, 2013
China Corn Weekly: Prices fall by 0.35% from previous week (week ended Aug 9, 2013)
Though prices of high-quality corn remained stable, old inventory had almost been cleared. Corn markets faltered in most regions as sales stayed tepid with bulging inventory of imported corn, which traders piled up previously to counter the ...
Monday, August 5, 2013
Ukraine to ship 120,000 tonnes corn to China in Oct-Nov
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Monday, August 5, 2013
China Corn Weekly: Mixed changes in China corn market as demand shifts (week ended Aug 2, 2013)
China corn market had mixed changes over the past week: while high-quality corn prices remained stable, as the shortage in supply propped up the market; prices of low-quality corn were pushed down as traders were more stringent about qualit ...
Monday, July 29, 2013
China Corn Weekly: Market gains from higher cost of transportation, storage (week ended Jul 26, 2013)
As rainy weather over the past week undermined logistics and storage, which brought extra cost, China corn prices climbed higher by an average of 0.25% compared to the previous week. Backed by shortage in supply, together with increasing de ...
Monday, July 22, 2013
China Corn Weekly: Market strengthens further as supplies remain tight (week ended Jul 19, 2013)
Overall supplies of corn in China were still on the decline, though production regions in the north released stocks steadily; while sales in the south were hindered by rainy weather, which added extra cost to transportation. As a result, Ch ...
Friday, July 19, 2013
China remains as top buyer of corn, soy, and wheat
China maintains its position as a major buyer of corn, soy and wheat from the US after production was hampered by adverse weather conditions in 2012. While total figures were once again on impressive levels, large sales of crops in 2013 wer ...
Monday, July 15, 2013
China Corn Weekly: Market continues to advance on tighter supply (week ended Jul 12, 2013)
China corn market stayed on course for another week of gain as a scarcity of premium corn lifted prices. The National Development and Reform Commission has fixed this year's corn prices for state procurement at RMB1.11-1.13/jin (RMB2,220-2, ...
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