Sweeteners China News

Welcome to the April issue of Sweeteners China News published by CCM, a professional consulting company which has been extensively and intently focusing on the dynamics of China's sweetener industry. 

In the April issue of Sweeteners China News, CCM pays attention to the 2012 overview of two sweeteners products, namely sorbitol and glucose syrup. In detail, the domestic sorbitol industry performed poorly in 2012, which can be reflected in the decrease of both its price and profit in China last year. At the same time, the domestic glucose syrup industry performed the same, due to its consumption volume decline in China in 2012.

Actually, it is believed that the domestic starch sugar industry did not perform well in 2012, which can be reflected from the 2012 annual report of sweetener listed companies. From their annual report, we can see the poor performance of Luzhou Bio-chem and Xiwang Sugar in 2012. However, China Starch is a special example: though the net profit of the company declined in 2012, its starch sugar business performed well at the same time, which will have a good prospect in the future.  

Fortunately, the domestic sweetener industry could gain some information, released from the 2012/2013 Guangxi Sucrose Trade Meeting. A predicted decrease of China's sucrose output means a reduction of sucrose's oversupply in China in 2013. At the same time, the Chinese government is determined to stabilize the domestic sucrose price, which is a wrinkle for the domestic sweetener industry.

To be noticed, the USD/RMB exchange rate is 6.27 in this issue, and all the prices mentioned in the Sweeteners China News include the VAT unless otherwise specified. If there are any specific topics you would like us to cover or any covered subjects you would like us to investigate in more details, please contact us by +86-20-3761 6606, or econtact@cnchemicals.com.