Editor's Note
Welcome to the March issue of Sweeteners China News.
Policy
The NATESC released the Spring 2026 sugar-beet production guidelines.
Market dynamics
- China has added 1.4 million tonnes of new capacity for starch-based sugars (HFCS, maltose syrup, maltodextrin, and crystalline glucose) in 2025.
- Benyue Biotechnology planned to raise USD3.61 million via a private placement to build a 2,300 t/a stevioside RM enzyme-based green intelligent manufacturing plant.
- India launched a second anti-circumvention probe into saccharin from China, reviewing transshipment via Thailand to evade countervailing duties.
- CCGB's net profit attributable to shareholders of the listed company in 2025 increased 286.65% YoY.
Project update
- Yaxiangju proposed the rice industrialization project for the production of rice-based high fructose syrup.
- Heilongjiang Xianggu and its two subsidiaries planned three projects to produce crystalline trehalose, maltose syrup, oligosaccharide syrup, maltose powder, and blended starch-based sugar.
Price update
In March 2026, starch-based sugar prices rose steadily, driven by climbing corn prices.
In this monthly report, the USD/CNY exchange rate is USD1.00=CNY6.9236 (Source: The People's Bank of China, 2 March, 2026). Unless otherwise stated, all prices involved in this report include VAT.
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Governmental Direction
- 2026 technical guidelines for sugar-beet production
Market Analysis
- Starch sugar: 2026 production plans and 2025 start-up statistics
- Benyue Biotechnology seeks USD3.61 million private placement for stevioside RM project
- India launches anti-circumvention probe into saccharin countervailing measures
Company Dynamics
- Yaxiangju to add 10,000 t/a F65 high-fructose syrup capacity
- Heilongjiang Xianggu and its subsidiaries plan three sugar product projects
- CCGB's net profit surges in 2025
Price Update
- Ex-works prices of sweeteners in China, March 2026
- Starch sugar prices remain elevated
Import and Export
- Exports of sweeteners and raw materials from China, Jan.–Feb. 2026
- Sucralose export volume increases in January–February 2026
- Acesulfame-K export volumes rise
News in Brief
- Gansu Fanzhi adds 150 t/a dipotassium glycyrrhizate capacity
- Ningxia Shengmao's 200,000 t/a starch-based sugar gap-filling project
- CSPC Shengxue's earnings declines in 2025
- China Starch's 2025 profit before tax falls 64%
- US confirms injury in dual anti-dumping probe on Chinese erythritol
- Huayuan Biological launches trial runs for bio-polysaccharide project
- Xinghe Straw launches 120,000 t/a facility for fulvic acid and mixed sugar
- Ma'anshan COFCO's 6,000 t/a flavoured-syrup project
- Xinyi Sugar Industry's 3,750 t/a starch-based syrup project passses acceptance check
- Hunan Jingubang adds 300 t/a glucosyl stevia capacity

