Welcome to Acidity Regulator Quarterly China Report-Q1 2023.
Citric acid industry:
In this quarter, the market players showed little major activities.
Lactic acid (LA) industry:
The environment impact (EI) reports of the 100,000 t/a lactide / polylactic acid (PLA) and 200,000 t/a lactic acid (LA) project of Golden Far East and the 10,000 t/a LA, 1,000 t/a L-malic acid and 1,000 t/a SA project of Anhui Yinchuang, were publicised.
Sodium gluconate (SG) industry:
EI reports of the starch-based sugar production line technology upgrading project of Tongliao Zhongyuan was accepted; and the EI report of the technical renovation project of 10,000 t/a SG and 20,000 t/a L-alanine of Anhui BBCA Biochemical was approved.
Succinic acid (SA) & malic acid industry
EI reports of Chifeng Huaheng's 50,000 t/a SA project (SA and sodium succinate), and Qinhuangdao Huaheng's organic acids project (SA and malic acid) and the 50.000 t/a malic acid project (DL-malic acid and DL-sodium malate / L-malic acid and L-sodium malate) were disclosed. And there was publication of the EIA details of Shandong Xiaowei's 50,000 t/a L-malic acid / SA project.
In Q1 2023, the prices of citric acids saw a slight rally after swing; the quarterly average ex-works prices of monohydrate citric acid and anhydrous citric acid rose by about 15% and 11% QoQ, respectively.
The USD/CNY exchange rate in this period is 6.8805, sourced from the People's Bank of China on 4 April, 2023. Except for special instructions, all prices involved in this period include VAT.
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