Welcome to the September issue of Corn Products China News
Project Update
- Ningxia Zhongke plans 50,000 t/a dodecanedioic acid project.
- Tongliao Bohui proposes 20,000 t/a furfural and 300,000 t/a biomass fuel production line change project.
- RuiMei Bio plans 1,050 t/a high-purity small variety amino acids, nucleoside derivatives, and other products project.
- Ningxia Eppen proposes arginine technology renovation project.
- Xinjiang Meihua finished xanthan-gum technical-upgrade project and the extraction auxiliary workshop renovation project.
Company Update
In H1 2025
- Fufeng Group's revenue increased by 4.4% YoY, and its overall gross profit rose by 37.9% YoY.
- LHG's revenue increased by 32.68% YoY, and net profit increased by 60.01% YoY.
- China Starch's revenue decreased by 9.40% YoY, and gross profit decreased by 15.46% YoY.
- Jindan Technology's revenue increased by 5.43% YoY, and net profit increased by 56.31% YoY.
- Star Lake Science's revenue decreased by 3.85% YoY, but the net profit increased by 65.22%YoY.
Price Update
- In Sept. 2025, the price of MSG decreased.
Import and Export
- China's export volume of sodium glutamate in Aug. 2025 decreased by 13.5% compared to July.
The USD/CNY exchange rate in this newsletter is USD1.00=CNY7.1072 on 1 September, 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.
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