Corn Products China News(Corn Products China News 202511)

Welcome to the Nov. issue of Corn Products China News

Policy

• CFSA solicited opinions on the new food ingredient L-Theanine (fermentation).
• CBFIA solicited opinions on on new industry standards for 5-Aminolevulinic Acid Salts and L-Alanyl-L-glutamine.

Project Update

• Qinhuangdao Huaheng proposed 12,000 t/a bio-based tryptophan project.
• Liaocheng CJ planned 17,000 t/a amino acids expansion project.
• Baju Pharmaceutical proposed 1,000 t/a acyclovir and 192 t/a D-ribose technical renovation project.

Company Update

For the first three quarters of 2025

• Meihua Group's revenue decreased by 2.49% YoY, but the net profit increased by 51.61% YoY.
• LHG's revenue increased by 28.74% YoY, and the net profit increased by 53.09% YoY.
• Shengquan Group's revenue decreased by 12.87% YoY, and the net profit increased by 30.81% YoY.
• Bailong Chuangyuan's revenue increased by 18.10% YoY, and the net profit increased by 44.93% YoY.
• BLB's revenue decreased by 15.98% YoY, and the net profit increased by 32.58% YoY.
• Sanyuan Biotechnology's revenue decreased by 7.54% YoY, and the net profit decreased by 16.80% YoY.

Price Update

• In Nov. 2025, the price of DDGS kept decreasing.

Import and Export

• China's export volume of lysine esters and salts in Oct. 2025 decreased by 14.3% compared to Sept. 2025.

The USD/CNY exchange rate in this newsletter is USD1.00=CNY7.0867 on 4 November, 2025, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.

Except for the import & export analysis, other % changes in this newsletter are calculated in RMB.