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Corn Products China News 1203 - Annual Subscription Published on March 2012

Report Summary In March 2012, corn price has enjoyed a slight uptrend thanks to some governmental support measures and the fact that farmers were still reluctant to sell their corn. However, the price may fall back in the near future, because corn's demand will be gloomy while its supply may be released intensively. In addition, CCM International has begun to publish reports about the development of some corn products in 2011, some of which enjoyed good development, such as PLA, MSG, and L-phe. But they all have witnessed challenges at the same time, like high raw material cost, oversupply situation and governmental restriction. So related parties should better understand the products' market situations and take proper reactions. If you have any specific topics you would like us to cover or investigate any of the subjects included in more details, please contact us by +86-20-3761 6606, or econtact@cnchemicals.com Output of monosodium glutamate in China rises by 7.8% to over 2.3 million tonnes in 2011 compared with that in 2010, but the industry still faces some challenges. PLA's import and export volumes in China both enjoy increase in 2011 compared with those in 2010. It's predicted that HFCS' consumption volume in China will keep increasing in 2012 thanks to its good competitive power and demand increase. Import volume of L-phenylalanine in China enjoys a 48.8% increase in 2011 compared with that in 2010 thanks to booming domestic demand for it. In Jan. 2012, import value and export value of corn products in China rise by 37% and 21% respectively compared with those in Dec. 2011. Furfural price in China enjoys a slight uptrend in March 2012, which may be temporary. Domestic market prices of lysine and tryptophan have suffered a slight downtrend in March 2012, while those of threonine and methionine have headed toward an opposite direction. Plan for Grain Processing Industry Development 2011-2020 was published on 24 Feb. 2012, pointing out the development direction for corn deep-processing industry. Lysine industry in China develops well in 2011, like the increase in its output, capacity, price and profit. Xiwang Sugar plans to increase the supply of corn starch and corn germ to Xiwang Pharmaceutical and Xiwang Food respectively in the next two years ending on 31 Dec. 2014. Potato industry in China will enjoy a fast development in the next few years thanks to governmental support.

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>> Get this Report Now by email! Corn price in China witnesses an uptrend in March 2012, which, however, probably will fall back in the near future.

Table of Content 7.8%, domestic output of MSG enjoys an increase in 2011 Both import and export volumes of PLA in China increase in 2011 HFCS' consumption in China expected to increase in 2012 Import volume of L-phenylalanine in China increases by 48.8% in 2011 Chinese corn products Imp. & Exp. analysis in January 2012 Domestic furfural price increases slightly in March 2012 Domestic prices of four key amino acids perform differently in March 2012 Plan for Grain Processing industry Development 2011-2020 issued in Feb. 2012 Analysis into domestic lysine's market in 2011 Xiwang Sugar plans to increase corn starch and corn germ's supply to Xiwang Group related companies Domestic potato industry expected to develop fast in the next few years Domestic corn price heads up in March 2012 Companies mentioned Baolingbao Biology Co., Ltd. Xiwang Sugar Holdings Co., Ltd. Meihua Holdings Group Co., Ltd. COFCO Biochemical (Anhui) Co., Ltd. Global Bio-chem Technology Group Company Limited

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