Corn Products China News 1007
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In this issue, several investment suggestions have been given in China’s corn deep-processing industry. Products like modified pharmaceutical starch is worthy of investment, while products like lysine is not, due to current overcapacity situation, fluctuating price, high production cost, etc.
Surprisingly, CCM finds that some corn deep-processing products like tryptophan has witnessed sound development in China in recent years, and many experts estimate that price advantage will help China become one of the leading tryptophan production bases in the world in the near future.
Corn Products China News 1007
As a large quantity of wheat has been marketed in North China, tight corn supply in feed industry has been eased to some extent. But corn price still maintains at high level in domestic market, which makes corn deep processing producers suffer from high production cost. Some corn deep processing products like alcohol, lysine, etc. were seen price decrease this July due to their gloomy market demand.