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.

