# Corn prices in China fall under pressure from increased supply

> China's corn imports rose 12.3% in the first 11 months of 2023 to 22.18 million tonnes, with November a record 3.59 million tonnes, mainly from Brazil and Ukraine. The Dalian May corn contract fell 1.2% to a seven-month low on December 18 amid active imports into southern regions.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14791-corn-prices-in-china-fall-under-pressure-from-increased-supply
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy import arrivals and record Brazilian export forecasts add supply to the world corn market and push domestic Chinese prices lower, weighing on export prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-31 | [Export demand for corn in Ukraine remains high, although world prices are under pressure from cheap US corn supply](https://feedsoft.ai/events/27878-export-demand-for-corn-in-ukraine-remains-high-although-world-prices-are-under.md) | +2.2% | -1.3% |
| CORN | 2026-10-29 | [Growing corn supplies put pressure on prices in Ukraine and the EU](https://feedsoft.ai/events/1984-growing-corn-supplies-put-pressure-on-prices-in-ukraine-and-the-eu.md) | -1.5% | — |
| CORN | 2025-07-25 | [U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada](https://feedsoft.ai/events/23793-u-s-grains-chicago-wheat-futures-dip-on-global-supply-pressure-corn-soybeans.md) | +0.8% | +0.1% |
| CORN | 2023-05-26 | [Are China's Problems Adding to Bearish Pressures in US Corn, Soybeans?](https://feedsoft.ai/events/5568-are-china-s-problems-adding-to-bearish-pressures-in-us-corn-soybeans.md) | -4.9% | +0.1% |
| CORN | 2021-11-30 | [The collapse of world prices for wheat and corn has increased pressure on purchase prices in Ukraine 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/11601-the-collapse-of-world-prices-for-wheat-and-corn-has-increased-pressure-on.md) | +6.2% | +3.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/corn-prices-in-china-fall-under-pressure-from-increased-supply/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.