Welcome to the October issue of Sweeteners China News published by CCM, a professional consulting company which has been extensively and intently focusing on dynamics of China's sweetener industry.
In late Aug. 2012, some listed sweetener companies in China released their Interim Results 2012. Through analyzing those interim results, some companies, such as Xiwang Sugar and Global Sweeteners, didn’t perform well in starch sugar business in H1 2012 compared with the same period of 2011. What's more, the net profit of Shandong Longlive decreased by 7.85% in H1 2012 over H1 2011, due to its poor performance in corn starch and starch sugar businesses.
Besides, on 14 September, 2012, Chinese government published the Notice of the Second Temporary Purchasing Plan of Sucrose in 2012 so as to stabilize domestic sucrose price and protect the benefit and production enthusiasm of sugarcane growers. However, the temporary purchasing plan of sucrose may have little effect on stabilizing domestic sucrose price and Chinese sweeteners in the near future.
What’s more, it’s expected that domestic healthcare product industry will promote the development of domestic functional sugar industry, and some domestic leading functional sugar producers also believed that functional sugars will benefit from the sound development of healthcare products in future and the sales of the functional sugars will be pushed up finally.
To be noticed, all the prices mentioned in Sweeteners China News are quotation inc. VAT unless with otherwise specifications.
If there are any specific topics you would like us to cover or investigate any of the subjects covered in more detail, please contact us by +86-20-3761 6606, or econtact@cnchemicals.com.
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