China Is Using More Corn for Industrial Products
By Fred Gale, Francis Tuan, Xiaohui Wang, and Zhi Cao
Outlook Report No. (FDS-09K-01) 21 pp,
December 2009
China’s corn imports are minimal, even though it is using a growing proportion of its corn to produce starch, ethanol, and other industrial products. The corn-processing industry’s growth was encouraged by Chinese government policy, but the industry now has excess capacity. Many of the corn-based industrial products are exported. China’s price support for corn during 2008/09 increased raw material costs for the industry and slowed its growth.
Keywords: China, corn, starch, alcohol, ethanol, industry, consumption, exports, price support, ERS, USDA
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Updated date: December 14, 2009
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