From June 1, according to the State Administration of Market Supervision issued the "terminology of the liquor industry" and "beverage alcohol terminology and classification" of the two national standards, white wine was redefined, not to use food additives, flavored white wine shall no longer be labeled as "white wine" words, but the prepared wine.

It is reported that the "new national standard" on the raw material requirements of liquor is more explicit, with grain as the main raw material, to large, small, bran, enzyme and yeast for saccharification and fermentation agent, by cooking, saccharification, fermentation, distillation, aging, blending and distilled spirits is liquor.

The liquor produced by blending with cooking alcohol will be classified as prepared wine and is no longer considered baijiu.

From the analysis of market participants, with the implementation of the new national standard, marking the formal increase in the threshold of the liquor industry, to grain as the main raw material of the high-end liquor market share will gain more market space.

It is worth noting that, according to China's grain imports in recent years, data show that imports in addition to the largest category of soybeans, corn, sorghum, barley, etc. are related to alcohol production, in 2021, the three major types of cereal imports reached a total of 50.25 million tons, accounting for 77% of China's total imports of grains in that year, accounting for 30% of the total grain imports.

The consumption of corn in alcohol is mainly industrial alcohol, including fuel ethanol, while sorghum and barley are the main raw materials for China's alcohol market.

Particularly in the sorghum market, in recent years, the high-end liquor market consumption and feed dosage synchronous increase in the background, in recent years, to achieve a synchronous growth in domestic production and imports, sorghum imports in 2021 reached 9.42 million tons, about 2018 China's domestically produced sorghum production of 3.2 times.

In some ways, sorghum's foreign dependence has far exceeded that of the soybean market.

Because of the special status of sorghum in China's high-end liquor market, to cope with the expanding market demand, China's edible sorghum market price has also climbed higher in recent years.

According to the latest news received, since the beginning of the continuous price adjustment in 2018, the current purchase price of sorghum for Moutai liquor has risen to 11.2 yuan per kilogram, compared with the price in 2002, a big rise of 5.6 times in 20 years, and the rate of increase in the last four years is close to 1.6 times, a rise of 21.7% compared with 9.2 yuan in 2021.

However, in the liquor market to significantly increase the purchase price of sorghum, to protect the source of high-quality brewing raw materials at the same time, this year, the same rise in the edible oil market has appeared "overdue" phenomenon.

Data shows that since 2020 due to epidemics and inflation and other external environment, China's domestic edible oil prices have risen sharply, including canola oil prices from less than 8,000 yuan per ton all the way up to the current 14,000 yuan or so, or as much as 75%.

But along with the high prices, some companies appear to be substandard in order to obtain undue profits.

An edible oil plant in Guang'an, Sichuan province, sold 200 tons of rapeseed oil to another wholly state-owned edible oil plant in 2015, and the oil was subsequently shown to not meet national standards related to fourth-grade rapeseed oil when tests were done in 2019, according to data from the National Enterprise Credit Information Publicity System.

However, just in 2020, a Guang'an edible oil factory purchased the batch of rapeseed oil again at 7,500 yuan per ton, and mixed and canned all of it with other oils and brought it into the market, which was investigated and dealt with in November 2021.

At the same time, according to the data disclosed by the National Enterprise Credit Information Publicity System, it is also clear that the canola oil was "rotational oil".

Generally speaking, the rotation of grain refers to the national or local government departments to carry out policy grain storage activities, the purpose is to stabilize the market, at the same time, in the event of market anomalies, the market can be supplemented in a timely manner.

But at the same time, it is also stipulated that rotational grain needs to be rotated periodically to ensure that the quality meets national food hygiene standards.

Lastly, it should be noted that the daily grain and oil as a serious grain and oil media, has always been adhering to the principle of providing objective and true market information, and does not carry out deliberate long or short guidance, but also please give us more supervision and support.

Here is the daily grain and oil, trustworthy grain and oil media.