2010 Annual Review of Corn Products Industry

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China’s corn products industry not only faced great challenges but also enjoyed great opportunities in 2010, for the high cost of raw materials, international and global inflation, government’s stricter supervision, as well as recovery of downstream market. Some corn products manufacturers have to restrain their production or even shut down their plants because of high manufacturing cost; some ones are eliminated by the government due to high pollution and high energy consumption; however, some ones can win great profit by dint of the inflation and brisk market.

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2010 Annual Review of Corn Products Industry

  1. 1. www.cnchemicals.comEditor’s Recommendation:2010 Annual Review of Corn Products Industry China’s corn products industry not only faced great challenges but also enjoyed great opportunities in 2010, for the high cost of raw materials, international and global inflation, government’s stricter supervision, as well as recovery of downstream market. Some corn products manufacturers have to restrain their production or even shut down their plants because of high manufacturing cost; some ones are eliminated by the government due to highpollution and high energy consumption; however, some ones can win greatprofit by dint of the inflation and brisk market.Corn, as the most important raw material of corn products, always attractsmuch attention. And “price increase”, is the major words to describe itsperformance in 2010. Although the government executes a series of policies tocurb the price surge of corn, it still climbs up continuously. Corn priceincreases by 15.3% averagely during the whole year, which pushes up cornproducts’ price by 12% of averagely.At the same time, the generally good local economic environment and strongprospect for the food and beverage industry also support the price increase ofcorn products. China achieved 10.6% GDP growth rate in the first threequarters of 2010, compared with 8.9% in the corresponding time of last year,and it’s expected that it can average at 10% for the whole year. Food salesvalue achieved USD677.45 billion in the first nine months, up 26% over thecorresponding period of last year, and it’s estimated that …View more at the website:http://www.cnchemicals.com/Report/ReportMin.aspx?rptid=586Website: http://www.cnchemicals.com Email: econtact@cnchemicals.comTel: +86-20-3761 6606 Fax: +86-20-3761 6968
  2. 2. www.cnchemicals.comAbout CCMCCM is dedicated to market research in China, Asia-Pacific Rim and globalmarket. With a staff of more than 150 dedicated highly-educated professionals.CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-TraderInformation, Import/ Export Analysis all through its new proprietary productValoTracer.Please visit http://www.cnchemicals.com for more information or contactecontact@cnchemicals.comCCM International, Ltd.Guangzhou CCM Information Science & Technology Co, Ltd.17th Floor, Huihua Commercial & Trade Mansion No, 80 Xianlie Zhong Road,Guangzhou 510070, ChinaWebsite: http://www.cnchemicals.com Email: econtact@cnchemicals.comTel: +86-20-3761 6606 Fax: +86-20-3761 6968

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