Welcome to Acidity Regulator Quarterly China Report Q2 2026
Market analysis
On 8 May, 2026, Henan Jindan posted Q1 revenue growth alongside a profit drop, citing raw material costs and FX pressures. It also provided updates on its 75,000 t/a PLA project, downstream collaboration, and full‑chain strategy, while flagging continued near‑term earnings headwinds from the same factors.
Company dynamics
- In April 2026, COFCO Biotechnology released its 2025 and 2026 Q1 results.
- In April 2026, Anhui Sealong released its 2025 annual report. In May, the company terminated its pre-listing tutoring recordation for the Beijing Stock Exchange.
Price update
In Q2 2026, citric acid price continued its upward trend, driven by high prices of raw materials such as corn and sulphuric acid, as well as maintenance shutdowns at some enterprises.
The USD/CNY exchange rate in this period is USD1.00=RMB6.8067, sourced from the People's Bank of China on 1 July, 2026. All prices include VAT unless otherwise stated.

