Welcome to the July issue of Sweeteners China News (Vol. 4 Issue 7 2014).
At present, functional sugar and high intensity sweeteners show bright future. Conversely, starch sugar market remains in a doldrums.
The development of functional sugar industry not only enjoyed supportive policies, some enterprises also independently explored in some inmatured functional sugars. The National Health and Family Planning Commission of China has increased the maximum daily intake of xylo oligosaccharide so as to favor its domestic downstream market. Baolingbao has announced to add trehalose and xylo oligosaccharide within the company’s business scope, along with investment in building the production lines. And Zhaoqing Huanfa has also planned to produce isomaltitol. Besides, an upturn has been witnessed in the market of some sugar alcohols, such as erythritol and sorbitol.
The market of stevia sweetener started to recover since 2014. On one hand, it reflected a rise in the price of stevia sweetener. On the other hand, its domestic and overseas downstream markets grew steadily.
By contrast, the domestic market of starch sugar was at a downturn. For example, in April-June 2014, the gross profit of crystalline glucose in Shandong Province declined sharply due to a rise in its raw material price and the depressed downstream market.
To be noticed, the RMB/USD exchange rate in this issue is 6.1528 while HKD/USD is 7.7516(source:The People’s Bank of China),and all the prices mentioned in this newsletter include the VAT unless otherwise specified. If there are any specific topics you would like us to cover or any subjects you would like us to investigate in more details, please contact us by +86-20-3761 6606, or econtact@cnchemicals.com.
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