1. Find Hot News in Corn Products China News 1311
Tag: furfural, corn starch, MSG, starch sugar, xanthan gum, poultry industry, nucleotide food
additives
Summary: Corn Products China News offers timely update and close follow up of China’s
various kind of Corn market dynamics.
Published on the 20th every month, Corn Products China News is a monthly publication released
by CCM. It offers timely update and close follow up of China’s various kind of corn market
dynamics, analyze the market data and trends. Major columns include the latest information on
new price fluctuation, new market trends and intelligence, new legislations and policies, new
technologies, new area dynamics and new corn supply that are shaping the market.
Following are headline news of the latest issue of Corn Products China News:
Baolingbao's functional biological ingredients lab project obtains approval from NDRC
Baolingbao's functional biological ingredients lab project obtains approval from NDRC
Government purchase of corn for temporary reserve starts in Jilin Province in advance
The People's Government of Jilin Province decided to start in advance the government's corn
purchase for temporary reserve in Songyuan City, Jilin Province from Nov. 8, 2013, which
prevented the market price of corn in Songyuan from decreasing.
Longlive Bio-technology commits to developing cellulosic ethanol
Recently, Longlive Bio-technology has been committed to developing cellulosic ethanol. On Nov.
13, 2013, the company's project on processing 200,000t/a of straw was approved to be
established in Dezhou, Shandong Province, which is mainly to produce cellulosic ethanol with a
capacity of 30,000t/a. As early as Oct. 2013, the company decided to build a subsidiary in
Denmark to improve its R&D of cellulosic ethanol.
China to import large quantity of GM corn from Brazil
On Nov. 6, 2013, GM corn from Brazil was approved to be inspected and quarantined by the
AQSIQ. After the approval of the MOA, a large quantity of GM corn from Brazil will be exported to
China.
Price update of corn products, Nov. 2013
Price update of corn products, Nov. 2013
Market price of furfural enjoys uptrend, Aug.-Oct. 2013
According to CCM's data, the domestic market price of furfural has enjoyed an uptrend during
Aug.-Oct. 2013, mainly due to tight supply, increasing demand and increasing costs.
Ex-works price of DDGS declines recently
According to data from CCM, the ex-works price of DDGS in China declined remarkably in Oct.
2013, mainly due to the decreasing demand from downstream industries and the increasing
supply of DDGS.

2. Ex-works price of MSG witnesses a downtrend since Sept. 2013
The ex-works price of MSG in China has witnessed a downtrend since Sept. 2013, due to
oversupply, weak demand and insufficient cost support.
USDC's anti-dumping and countervailing duty investigations on MSG native to China and
Indonesia
On Oct. 24, 2013, the US Department of Commerce (USDC) announced that it would start antidumping and countervailing duty investigations on MSG from China and Indonesia, aiming to
define whether these products have threatened the MSG industry in the US.
China's furfural export value declines by 47.4% YoY, Jan.-Sept. 2013
According to China Customs, in the first nine months of 2013, China's furfural export value was
just USD17.0 million, down 47.4% year on year, due to decreases in both the export volume and
the export price of the product in this period.
Ajinomoto charges Global Bio-chem with patent infringment again
Ajinomoto charges Global Bio-chem with patent infringment again
Guangji Pharmaceuticall turns loss into gain in Q1-Q3 2013
Guangji Pharmaceuticall turns loss into gain in Q1-Q3 2013
Star Lake Bioscience to invest for entrust loans despite the high liabilities
Star Lake Bioscience to invest for entrust loans despite the high liabilities
China's import quota for sucrose remains 1.945 million tonnes in 2014
China's total import quota for sucrose will remain 1.945 million tonnes in 2014. However, it
remains unknown whether the sucrose import volume continues to be large in 2014 as in the
current year.
Baolingbao obtains new patent for IMO production, Oct. 2013
On Oct. 11, 2013, Baolingbao announced that the company had obtained a new patent——a
preparation method for the co-production of high purity IMO and alcohol, with a 20-year validity
period. For every tonne of IMO produced by this technology, the total production cost will be
reduced by 10%.
Market price of corn oil maintains at a low level, Aug.-Oct. 2013
The domestic market price of corn oil remained low during Aug.-Oct., 2013, and is estimated to
continue its decline in the near future.
Chinese corn products Imp. & Exp., Sept. 2013
In Sept. 2013, the total import value of corn products in China witnessed a MoM decrease of 41%
while the total export value increased sharply by 171% MoM.
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