Sweeteners China News

Publication: Monthly on the
Published by CCM

  Sweeteners China News provides you with real-time intelligence on China's sugar and sweeteners market.
   
  China is one of the world's largest producers of sweeteners, dominating the global market for many high-intensity sweeteners such as saccharin, cyclamate, acesulfame-K (Ace-K), stevia, aspartame, sucralose, glycyrrhizin, alitame and neotame. Consumption is also rising rapidly in China thanks to the increasing popularity of sugar-enriched food and beverage products.
   
  However, many sectors are mired in overcapacity, with prices dropping so low that Chinese producers are in danger of being hit by anti-dumping measures in key export markets. Meanwhile, companies are struggling to upgrade their production technology and adapt to much stricter environmental regulations.
   
  Sweeteners China News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire sweeteners industry chain, from raw materials to end consumption. This includes:
  
        
  •       Breaking news from China and abroad
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  •       The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
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  •       In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
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  •       Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations
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  Sweeteners China News is also available as a monthly newsletter, which can be downloaded in PDF format. For more information, you can download a free sample below, or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.


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Main Content of Sweeteners China News 202004

Price of this issue :
USD 259

Published on 30th April, 2020

According to news from the China Sugar Association on 8 April, by the end of March 2020, the total sugar production in China during the 2019/2020 sugar production period was 9.81 million tonnes, down by 0.86% YoY; 4.77 million tonnes of sugar was sold, down by 2.46% YoY; and the total sales rate was 48.61%, down by 0.80 percentage points YoY.

Published on 30th April, 2020

The sorbitol market ran strong under fluctuation in April, because of the continued high price of corn and the slow recovery in market start-up rate. The short-term sorbitol market is expected to remain stable, due to high cost of raw materials, low industry operating rate and limited recovery in downstream demand.

Published on 30th April, 2020

On 3 April, the General Office of the People's Government of Guangxi Zhuang Autonomous Region released a notice on issuing the work plan of three-year action for reducing cost and increasing efficiency in Guangxi sugar industry. According to the announcement, compared with the 2018/2019 sugar production season, the main goal of the three-year action plan is to comprehensively improve main indicators of the sugar industry in the whole region, to further narrow the gap with the international advanced level, to obviously enhance the integrated competitiveness, and to achieve remarkable results in cost reduction and efficiency increase by the 2021/2022 season.

Published on 30th April, 2020

Under the influence of the COVID-19 epidemic, the operating rate of starch sugar products suffered a MoM decrease in Feb. yet a MoM increase in March. The profits of crystalline dextrose and 75% malt syrup manufacturers fell in Feb., while profits of F55 fructose syrup and maltodextrin makers increased, and profits for all starch sugar products declined in March.

Published on 30th April, 2020

On 30 March, Songyuan Municipal Bureau of Ecology and Environment issued a public notice to review the EIA report on the 50,000 t/a of crystalline trehalose project in Jilin OGO. As known that the project is located in Songyuan City, Jilin Province, with a total investment of USD24.14 million (RMB170.81 million), to be put into production in Feb. 2021.

Published on 30th April, 2020

On 15 April, Fuyang Biotechnology on its official website published the first announcement of public participation in EIA of high-end starch and deep processing project of Heyang Biotechnology. According to the announcement, Heyang Biotechnology intends to invest USD158.04 million (RMB1.12 billion) in the construction of high-end starch and deep processing project in Pingyuan County, Dezhou City, Shandong Province. After completion, it can achieve the processing capacity of 1 million t/a of corn, and the production capacity of 700,000 t/a of high-end edible corn starch, 100,000 t/a of medicinal corn starch, 50,000 t/a of dextrin, 100,000 t/a of of malt syrup, 20,000 t/a of erythritol, 50,000 t/a of corn oil.

Published on 30th April, 2020

Published on 30th April, 2020

Published on 29th April, 2020

Published on 29th April, 2020

Published on 28th April, 2020

Published on 28th April, 2020

Published on 27th April, 2020

Published on 27th April, 2020

Published on 23rd April, 2020

According to customs data, China imported 324,000 tonnes of sugar in Jan.–Feb. 2020, an increase of 118.70% YoY, accounting for 16.70% of the total import tariff quota of 1.95 million tonnes in 2020. China's sugar import safeguard tariff policy will expire in May 2020, and the import tariff of sugar beyond the quota will be reduced from the current 85% to 50%. In this regard, some market participants believe that after the expiration of the tariff policy, China may adopt some import control policies such as delaying or lowering the safeguard tariff rate.

Published on 22nd April, 2020

On 12 April, Yuegui Holdings issued the annual report for 2019, showing that the company realised operating income of USD494.83 million (RMB3.50 billion) in 2019, up by 10.54% YoY, and net profit of USD11.73million (RMB83.03 million), down by 6.16% YoY. On 14 April, Yuegui Holdings issued the performance forecast for Q1 of 2020, showing that the net profit was expected to lose USD4.24 million (RMB30 million) up to USD4.66 million (RMB33 million).

Published on 17th April, 2020

On 14 April, Layn released its 2019 annual report showing that in 2019, the company realised operating income of USD104.76 million (RMB741.40 million), an increase of 19.67% YoY, net profit of USD14.93 million (RMB105.65 million), up by 29.37% YoY. Layn said the company's performance growth was mainly attributed to the sound development momentum of plant extraction business, with a YoY growth of 26.98% in operating income, and a YoY increase of 2.25 percentage points in gross margin.

Published on 17th April, 2020

On 12 April, *ST Nanning Sugar Industry released its 2019 annual report, showing that the company achieved revenue of USD517.58 million (RMB3.66 billion) in 2019, an increase of 1.80% YoY; net profit of USD4.51 million (RMB31.89 million), turning losses into profits compared with last year. On 13 April, the company submitted an application to the SZSE for revoking the delisting risk warning on stock trading. If approved, its securities abbreviation would be changed from "*ST Nanning Sugar Industry" to "Nanning Sugar Industry", and the daily price limits on stock trading restored from 5% to 10%.

Published on 13th April, 2020

Published on 10th April, 2020

Published on 10th April, 2020

Published on 10th April, 2020


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