中国调研在线网讯

【关键词】Corn Products Market Review                    

【报告格式】 印刷版/电子版 

【交付方式】 特快专递/E-MAIL

【释放日期】 2006年6月

【报告页数】 页

【报告字数】 字

【图表数量】 个

【报告价格】 印刷版：13000元           电子版:  元                印刷＋电子：元

【其它信息】

【订购热线】 010-58613285               58613275               网上订购    邮件订购

 

 

    China is one of the largest producers of corn in the world its annual production makes up 18-20% of the world total and the output in the 2005/2006 cropping year is foreseen to be 1.3 hundred million tons.

 

    The annual consumption of corn for feed has seen around 3% growth in recent years and the annual consumption of corn for industrial use has seen over 10% growth. Corn supply has been remaining unchanged but the demand has been on the rise. Will this affect the future development of the feed industry and further processing of corn? Will China shift from a net exporter to a net importer of corn? What trend the Chinese corn market will go through in 2006? These issues shall be addressed by this report.

 

    Further corn processing based on corn starch disnatured starch ethanol and starch sugar enjoyed a positive development in China in 2005 yet competition among processing enterprises intensified and there were constant occurrence of mergers and restructuring of companies. How the corn processing industry will change in 2006? How product composition of the processing industry change? How the processing market shall face competition from the international market? The second part of this report has illustrations on these concerns?

 

    Based on analyzing the national corn market and further processing market in 2005 this report has certain forecasts on the two markets in the future.

 

 

 

 

1.         Corn supply in China 1

1.1       Supply driven by domestic production 1

1.1.1   Slow growth of corn acreage 1

1.1.2   Stable corn production 2

 

1.2       Corn demand   2

1.2.1    Total demand   2

1.2.2    Consumption as feed and forecast  3

1.2.3    Rapid growth of consumption by industry   3

1.2.4    Stable food consumption of corn  4

1.2.5    Corn export and forecast  5

 

1.3        Analysis of equilibrium of supply and demand of corn and forecast   7

 

2.          Internationalization of domestic corn market   7

2.1        Comparison of corn supply in domestic and international markets in 2005  7

2.1.1    Growing trend of corn production in the world   8

2.1.2    Gradual decline of corn export in the world in late years   9

2.1.3    Gradual decline of corn stock in the world  10

 

2.2        Total corn consumption in the world in 2005 and forecast   11

2.2.1     Comparison of corn consumption structure between China and the US   11

2.2.2     Comparison of corn consumption as feed between China and the world 12

2.2.3     Comparison of industrial corn consumption between China and the US 14

2.2.4     Analysis of main corn importing countries in the world  14

 

3.          Corn price and trend  15

3.1       International futures price and trend  15

3.1.1    Analysis of CBOT corn futures price  16

3.1.2    Analysis of TGE corn futures price  17

 

3.2       Corn price and trend in China in 2005  18

3.2.1    Analysis of corn market price in China  18

3.2.2    Comparison of domestic corn price with international futures price  21

 

4.         Review of primary incidents of corn market in 2005 and forecast  22

 

 "No. 1 document" focused on agriculture farmers and rural areas again 28 provinces immune from agricultural tax 22

 World Food Day held in Yunnan 23

 Breakthrough of research on "super corn" in China 23

 Falling of grain price dragged CPI and Bird Flu affected feed processing 23

 Over 10% growth of yields of four main crops 23

 Subsidy on extension of quality corn varieties in Heilongjiang 24

 Shanxi allocated 2 million Yuan to subsidize quality corn varieties 24

 WFP stopped grain aid to China 25

 322.6 billion Yuan to support agriculture 25

 

 

1.          Review of further corn processing industry in China 26

 

2.          Review and outlook of corn starch market in China 27

2.1        Review 27

2.1.1    Corn starch most important starch variety 27

2.1.2    Three main producing provinces 28

2.1.3    Scale expansion and centralization of production enterprises 30

2.1.4    Main producers 31

 

2.2       Analysis comparison and forecast for corn starch price 32

2.3       Analysis of corn starch import and export and forecast 33

2.4      Trend of future processing of corn starch 34

 

3          Review and outlook of disnatured starch 35

3.1       Analysis of disturbed corn starch production 36

3.1.1   Review of production 36

3.1.2   Production features 36

 

3.2      Analysis of import and export of disnatured starch 38

3.3      Forecast for trend of disnatured corn starch 38

 

4          Market analysis of corn starch sugar and forecast 39

4.1       Production of corn starch sugar in 2005 39

4.1.1   Review of starch sugar production 39

4.1.2   Features of corn starch sugar production in China 41

4.1.3   Corn consumption by starch sugar in China 43

 

4.2       Analysis of import and export of starch sugar 43

4.3       Trend of corn starch sugar 44

 

5          Review and outlook of corn gourmet powder industry 45

5.1       Analysis of production of corn gourmet powder in 2005  45

5.1.1   Gross production of gourmet powder in China 45

5.1.2   Features of gourmet powder production based on corn 46

5.1.3   Corn consumption by gourmet powder production 47

 

5.2      Analysis of import & export of gourmet powder 47

5.3     Trend of gourmet powder production based on corn 48

 

6          Rapid growth of alcohol and ethanol industry 48

6.1       Production analysis of alcohol and ethanol made from corn 49

6.1.1   Rising of total output of alcohol year on year 49

6.1.2   Features of corn alcohol production 50

6.1.3   Corn consumption by alcohol production 51

 

6.2       Analysis of import and export of alcohol 52

6.3       Prospect of corn alcohol development 53

 

7          Market analysis of other further processed corn products 53

7.1       Analysis of lysine market in 2005 and forecast 53

7.1.1   Market structure of corn lysine in China 53

7.1.2   Constant growth of domestic supply 54

7.1.3   Falling of lysine price 56

 

7.2      Market analysis of lemon acid in 2005 and forecast 57

7.2.1   Lemon acid mainly for export volume on constant rise 57

7.2.2   Extensive geographical distribution of lemon acid production 58

 

8.         General analysis of corn further processing industry in China and forecast  58

8.1       Analysis of structure of corn further processing industry in 2005   58

8.1.1   Regional distribution of corn further processing and forecast   58

8.1.2   Higher concentration of corn further processing  60

 

8.2      Comparison of structure of further processed corn products between China and the US 61

 

8.3       Weakness of corn further processing industry in China 63

8.3.1   Layout of corn further processing should be restructured 63

8.3.2   Structure of further processed corn products to be reformed 64

 

9.         Review of primary incidents of corn further processing industry in 2005 66

 

COFCO and CGOG to jointly build up grain and oil air carrier with 60 billion Yuan 66

Changchun economic zone set up corn industry park with output value at 100 billion Yuan 66

Fengyuan Group to set up a project in Baichen Jilin to process 2 million tons of corn yearly 67

Zhucheng Xingmao invested 2 billion Yuan to set up corn starch with annual production of 1 million tons in Kailu, Inner Mongolia 67

500,000-ton further corn processing project of Daqing Yufeng Company in operation 67

900,000-ton corn further processing project of Baicheng, Jilin passed national environmental verification 67

Jinxin Biochemical Liaoning invested 2.1 billion Yuan in corn processing project in Tieling 68

Other projects being constructed in 2005  68

 

Annex 1:   Tables 69

Table 1     China's corn production (1996/97-2005/06) 69

Table 2     China's corn import (1996-2005) 69

Table 3     China's corn import by original country (2005) 69

Table 4     Corn's feed use of China (1995/96-2005/06) 69

Table 5     Industrial consumption of corn (1995/96-2005/06) 70

Table 6     Food consumption of corn (1996-2005) 70

Table 7     Corn export (1996-2005) 70

Table 8     China's corn export by original country (2005) 70

Table 9     China's corn exports by province (2005) 70

Table 10   Balance of supply and demand of corn (1995/96-2005/06) 71

Table 11   Corn starch production with total starch production (1996-2005) 71

Table 12   Main enterprise's produce ability of corn starch (2005) 71

Table 13   Import and export of corn starch (1996-2005) 72

Table 14   Production of disnatured starch (1996-2005) 72

Table 15   Main enterprise's produce ability of disnatured corn starch (2005) 73

Table 16   Production of starch sugar (1996-2005) 73

Table 17   Main enterprise's produce ability of corn starch sugar (2005) 73

Table 18   Import & export of fructose and fructose syrup (1996-2005) 74

Table 19   Import & export of glucose and glucose syrup from (1996-2005) 74

Table 20   Total production of gourmet powder (1996-2005) 74

Table 21   Main enterprise's produce ability of gourmet powder(2005) 75

Table 22   Import & export of gourmet powder by China from(1996-2005) 75

Table 23   Production of alcohol based on fermentation method from (1996-2005)   75

Table 24   Main enterprise's produce ability of corn alcohol based on fermentation method (2005)  75

Table 25   Import & export of alcohol by China from(1996-2005)   76

Table 26   Main enterprise's produce ability of lysine (2005)    76

Table 27   Lysine production of China (2000-2005)    77

Table 28   Lysine import & export by China from (1996-2005)   77

Table 29   Monthly import & export of lysine in 2005    77

Table 30   Production of lemon acid by China (1996-2005)     78

Table 31   Import & export of lemon acid by China (1996-2005)    78

Table 32   Main enterprise's produce ability of lemon acid (2005)     78

Table 33   Corn consumption by further processing in China (1996-2005)   79

Table 34   Corn consumption by industrial use (1996-2005)    79

 

Annex 2: Implementation scheme on subsidizing extension of quality varieties of corn and soybean in Heilongjiang in 2005   80

 

ANNEX 3: FIGURES

Fig 1      Changes of corn acreage from 1995-2005      1

Fig 2      Total corn production from 1979-2005    2

Fig 3      Changes of corn for feed use from 1991/92-2005/06    3

Fig 4      Industrial consumption of corn from 1996-2006    3

Fig 5      Food consumption of corn    4

Fig 6      Yearly corn export from 1996-2005   4

Fig 7      Monthly corn export in 2005   5

Fig 8      Destinations of corn export in 2005  5

Fig 9      Main exporting regions in 2005   5

Fig 10    Changes of corn stocks from 1991/92-2005/06   6

Fig 11    Status of China in world corn production    8

Fig 12    Changes of corn export in the world from 1991/92-2005/06  8

Fig 13    Corn export by main countries   9

Fig 14    Trend of corn stock in the world from 1997/98-2005/06  9

Fig 15    Comparison of corn consumption structure between China and the US    11

Fig 16    Comparison of feed consumption of corn between China and the world    11

Fig 17    Comparison of corn supply and feed consumption between China and the world    12

Fig 18    Comparison of industrial consumption of corn between China and the US    13

Fig 19    Main importing countries of corn in the world    14

Fig 20    CBOT corn futures price in 2005   15

Fig 21    Trend of TGE corn futures price in 2005     16

Fig 22    Trend of wholesale corn price in 2005     17

Fig 23    Corn wholesale price in China and comparison with futures prices at DCECBOT and TGE in 2005     20

Fig 24    Development of industrial corn consumption in China       25

Fig 25    Comparison of corn starch production with total starch production        26

Fig 26    Changes of corn starch production of Shandong, Jilin and Hebei from 1995-2005       27

Fig 27    Main producing regions of corn starch in 2005       27

Fig 28    Main corn starch producers in 2005     30

Fig 29    Comparison of corn starch price and corn price in 2005        31

Fig 30    Import and export of corn starch by China from 1996-2005         32

Fig 31    Corn starch production and corn consumption     33

Fig 32    Production of disnatured corn starch from 1988-2005     34

Fig 33    Regional layout of disnatured starch production     35

Fig 34    Layout of producers of disnatured corn starch        36

Fig 35    Import and export of disnatured starch by China from 1996-2005   36

Fig 36    Disnatured corn starch and its corn consumption    37

Fig 37    Changes of growth of total production of starch sugar from 1995-2005   38

Fig 38    Composition of starch sugar products       38

Fig 39    Changes of growth of liquid starch sugar production from 1995-2005  39

Fig 40    Changes of growth of production of fruit syrup and crystallized glucose from 1995-2005    39

Fig 41    Regional layout of starch sugar production       40

Fig 42    Layout of starch sugar producers            40

Fig 43    Corn consumed by starch sugar production in China from 1995-2005    41

Fig 44    Import & export of fructose and fructose syrup from 1996-2005      42

Fig 45    Import & export of glucose and glucose syrup from 1996-2005      42

Fig 46    Total production of gourmet powder from 1993-2005  44

Fig 47    Structure of producers of gourmet powder based on corn in 2005          45

Fig 48    Regional layout of gourmet powder production based on corn in 2005       45

Fig 49    Import & export of gourmet powder by China from 1996-2005          46

Fig 50    Production of alcohol based on fermentation method from 1997-2005      47

Fig 51    Regional layout of corn alcohol    48

Fig 52    Main producers of corn alcohol    48

Fig 53    Corn alcohol production and corn consumption in China from 1997-2005     49

Fig 54    Import & export of alcohol by China from 1996-2005      50

Fig 55    Producers of lysine based on corn in 2005       51

Fig 56    Regional distribution of corn lysine production in 2005      52

Fig 57    Lysine production import & export by China from 1996-2005      52

Fig 58    Monthly import & export of lysine in 2005     53

Fig 59    Price trend of lysine in 2005       54

Fig 60    Production of lemon acid import & export by China from 1994-2005    55

Fig 61    Regional distribution of lemon acid production in 2005     55

Fig 62    Comparison between corn further processing regions and corn output in 2005   56

Fig 63    Comparison between corn further processing regions and corn output in 2005 and 2006 forecast    57

Fig 64    Corn consumption by main further processing enterprises      58

Fig 65    Corn consumption by further processing in the us in 2005        59

Fig 66    Corn consumption by further processing in China in 2005        59