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By dint of the above general economic environment and some promising market situations, a few corn products have enjoyed fast development in 2011, such as starch sugar, especially HFCS (high fructose corn syrup), some amino acids, like lysine. Take HFCS as an example, due to the insufficient supply of sucrose and its high price in 2011, HFCS' demand and price have enjoyed obvious increase, attracting lots of producers to enter into this industry or expand the production of HFCS, whose capacity all over the country reaches about 3 million t/a in 2011, up 38.9% over that in 2010. However, some corn products have suffered bad market situation in 2011, like vitamin c (VC). Owing to VC's terrible oversupply, domestic and export prices of VC have maintained a low level in 2011, resulting in great loss of VC producers. And insiders are looking forward to the launch of encouraging governmental policies to turn around the stagnant market, like a new VC entrance threshold. As for governmental policies, corn deep-processing industry has been restricted to some extent in 2011, and the following are highlights. ‌‌ As for the forecast in 2012, policies, market and industry environment make 2012 a key year for corn product's development. With the expected growth of China's economy in 2012, domestic corn product industry will still boom, but production costs will remain a problem, whilst corn price will still run at a high level due to the tight relationship between corn's supply and demand, even though corn's output enjoyed a bumper harvest in 2011. Besides, governmental restrictions will be still the leading factor to affect the industry, while it's a great opportunity for large enterprises to develop further by merging small ones. Source: Corn Product China News 1112 http://www.cnchemicals.com/Newsletter/NewsletterDetail_6.html

Content of Corn Products China News 1112: VC's demand structure should be changed in the future Chinese corn products Imp. & Exp. analysis in October 2011 Lysine price in China maintains downtrend in Dec. 2011 Corn starch price in China still maintains downtrend in Dec. 2011 New policies to restrict development of fuel ethanol using grain as feedstock in China

2011 Annual Review of Corn Product Industry  

China's corn product industry not only faced great challenges but also enjoyed great opportunities in 2011.

2011 Annual Review of Corn Product Industry  

China's corn product industry not only faced great challenges but also enjoyed great opportunities in 2011.

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