Fibers China Quarterly Report

Welcome to Fibers China Quarterly Newsletter Q4 2024

Market Analysis:

In Q4 2024, the EI report of Dongxiao Biotechnology's high-end intelligent health deep processing project was publicised by local authority; the CFSA issued a public notice on the new varieties of food nutrition fortifier: fructo-oligosaccharides (FOS).

Company Dynamics:

• Huainan Runloy proposes a reconstruction and expansion project to increase the range of polydextrose products.
• Shandong Jintian proposes a project to expand production capacity and diversify its product line, including polydextrose syrup.
• Bailong Chuangyuan plans to expand functional sugar capacity.
• EI report of the large health biotechnology project of Guangdong Yichao was publicized.
• Zhongyu Food plans to add 20,000 t/a resistant dextrin capacity
• Shandong Xroasis proposes 3,500 t/a inulin digital production efficiency improvement project.

Price:

In Q4 2024, the price of polydextrose kept stable while that of resistant dextrin rose slightly. Prices of GOS and inulin dropped. The demand for functional beverages declined due to the arrival of winter, which has led to a lower demand upstream for FOS, consequently a lower price.

In this quarterly report, all amounts in USD are converted using the USD/CNY exchange rate USD1.00=CNY7.1879 (Source: The People's Bank of China, 2 Jan., 2025). Unless otherwise stated, all prices involved in this report include VAT.