Acidity Regulator China Quarterly Report

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Acidulant
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Acidity Regulator Quarterly China Report Q3 2023

Complete
date Published Date:1 Jul 2023
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Editor's Note
date Published Date:22 Jun 2026

Welcome to Acidity Regulator Quarterly China Report-Q3 2023.

 

Citric acid industry:

In this quarter, the environmental impact (EI) report of Shandong Ensign's 700,000 t/a citric acid green and intelligent upgrading project was approved. On policy, the revised Industry Standard for Potassium L-Lactate and Industry Standard for Sodium L-Lactate were announced, taking effect in 2024.

 

Lactic acid industry:

Jindan Technology reported revenue and profit reductions in H1 2023.

 

Succinic acid & malic acid industry:

EI report of Land Biological's succinic acid technological upgrade and transformation project was approved.

 

In Q3 2023, the price of citric acids remained at low level; the quarterly average ex-works prices of monohydrate citric acid and anhydrous citric acid slipped by 0.8% and 0.5% QoQ respectively.

 

The USD/CNY exchange rate in this period is 7.1789, sourced from the People's Bank of China on 9 October, 2023. Except for special instructions, all prices involved in this period include VAT.

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Governmental Direction
date Published Date:22 Jun 2026
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  • Notice on revisions of industry standards for potassium L-lactate and sodium L-lactate
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Market Analysis
date Published Date:22 Jun 2026
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  • Jindan Technology reports revenue and profit reductions in H1 2023
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Company Dynamics
date Published Date:22 Jun 2026
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  • Shandong Ensign: 700,000 t/a citric acid upgrading project made progress, H1 2023 earnings decline
  • Land Biological's succinic acid technological upgrade project approved
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Price Update
date Published Date:22 Jun 2026
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  • Ex-works prices of acidity regulators in China, Q3 2023
  • China's citric acid price stays low in Q3 2023
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Import and Export
date Published Date:22 Jun 2026
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  • Exports of acidity regulators and raw materials in China, Q2 2023
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News in Brief
date Published Date:22 Jun 2026
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  • Laiwu Taihe's citric acid deep processing project completed and publicised for public review
  • COFCO Biotech reports citric acid sales plunge in H1 2023
  • Qinhuangdao Huaheng completes organic acids green manufacturing project
  • Xingguang Biotech proposes to build 15,000 t/a lactic acid and 5,000 t/a acid mixture
  • Anhui Yinchuang's acidity regulator reconstruction project progress update
  • China approves magnesium lactate as new food additive
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