2014-01-24 13:43:02 - Corn Products China News 1309 - a new market research report on companiesandmarkets.com
In recent, the corn deep-processing listed companies have published their 2013 semi-annual reports.
Owing to the influence from H7N9 avian influenza and the weak demand from downstream industries, many companies performed poorly in H1 2013, with many corn products´ sales revenue and profit both declining, such as amino acids, MSG, high fructose corn syrup and sugar alcohol, citric acid, etc. However, there were some well-performed corn products including xanthan gum, functional sugar, etc., which supported companies´ revenue.
As the influence of H7N9 avian influenza faded out, some downstream industries have recovered gradually, so that the demand for some corn products has increased since June, such as DDGS. Moreover, upcoming holidays such as the Mid-Autumn Festival and the National Day in China will
encourage the demand in near further, stimulating the increase in the prices of corn products.
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