SunSirs: China Corn Imports Plummet by Over 92%
October 21 2025 11:22:17 SunSirs (Selena)
The latest customs data shows that China will import 60,000 tons of corn and corn flour in September 2025, 81.9% less than the same period last year; From January to September 2025, China will import 930,000 tons of corn and corn flour, 92.7% less than that of the same period last year.
Customs data shows that the import volume of corn in September 2025 decreased by 81.9% year-on-year, with a cumulative decrease of 92.7% from January to September, indicating a severe shortage of supply. Stable demand will push up spot prices. Combined with corn futures data (such as the Dalian Commodity Exchange contract 2601 settlement price of 2,128 RMB/ton, and recent changes in contract holdings indicating market activity), news of tight supply will drive futures prices up, with strong bullish expectations.
As a downstream product of corn, the sharp decline in corn supply has led to an increase in production costs, and the sharp drop in import volume indirectly benefits the spot price of corn starch. The demand side, such as the food processing industry, is stable, and it is expected that the tight supply in the spot market will push up prices.
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