Anti-dumping and Decline in Import/export Value Affect Corn Market? Two Kinds of Enzyme May Be Commercialized

Chinese Corn Products and Industrial Biotechnology Monthly Report in April, 2011

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Guangzhou, Guangdong -- (SBWire) --05/13/2011 --Chinese Corn Products and Industrial Biotechnology Monthly Report keep you up-to-date with the domestic and oversea market of the industry,

A special core starch was launched by COFCO in March 2011. And Brazil was running an anti-dumping investigation into Chinese citric acid and citrate. Will it affect the corn export to Brazil as COFCO used to be one of the biggest exporters of corn? Import/export value of corn products significantly declines in February 2011 compared with last month, and the volume declines as well. China's edible alcohol price also falls, but demands for sugar alcohols, particularly erythritol are increasing. And domestic corn planting area is predicted to reach 32.30 million hectares in 2011, up 3% over 2010. Will corn be over capacity? The monthly report will disclose it.

CCM reports that two kinds of enzyme may be commercialized in the near future. In IB monthly report, the boiling topic--oil will be brought up. Regional turbulence in Egypt and Libya areas resulted in price rebound, which drives the second raise in price in China. Will biodiesel get benefit from this? Please refer to our monthly report for more details.

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