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Sweeteners China News 1108 Published on August 2011
Report Summary Welcome to the August issue of Sweeteners China News published by CCM International, a professional consulting company which has been extensively and intently focusing on dynamics of China's sweetener industry. The increasing price of sucrose gives a great boost to sweeteners in July 2011. Actually, the price of sucrose in China witnesses a significant increase compared with the previous months, which climbed to this year's peak at USD1,192/t on 26 July 2011. This uptrend of sucrose's price is believed to stimulate the demand for other sweeteners; some sweetener producers have been actively operating their production lines or expanding their capacity since July 2011. Shandong Longlive succeeded in getting listed to expand its business, and Wanfu Biotechnology passed IPO successfully. Huakang Pharmaceutical launched a new HFCS production line with capacity of 100,000t/a, and COFCO will put its starch sugar project into production this month. All these indicate that many sugar starch producers believe starch sugar industry will develop well in the future. Besides, Jiangxi Beiyang has expanded its capacity of stevioside and RA to explore the market of the two products. In addition, Chinese government launched a standard for mixed food additives in order to strengthen the supervision of food additives. The standard also applies to sweeteners which are used in foods by mixing different types in most cases. China totally exports about 4,147 tonnes of erythritol in 2010, and it is expected to remain export-oriented in the coming three to five years. Guangdong Guangye and Ji'an New Trend plan to expand capacities of sucralose. Jiangxi Beiyang expanded the capacity of stevioside and RA in Nanchang on 28 June 2011, which indicates that it intends to greatly explore the market of stevioside and RA. Currently, Shandong Mifutang aims to explore the retail market of xylitol and build a top retail brand in China. Wanfu Biotechnology's IPO was approved by CSRC on July 19 2011. Shandong Longlive got listed on Shenzhen Stock Exchange on 20 July 2011. On 7 July 2011, Huakang Pharmaceutical announced its launch of a new HFCS production line with capacity of 100,000t/a, a sigh of the company's ambition of expanding its business in HFCS market. Xiwang Sugar will purchase two production lines of corn starch with total capacity of 750,000t/a from Xiwang Pharmaceutical. Sorbitol is expected to have much development room in the industries of food and daily chemicals in the future. Price of sucrose witnesses an uptrend in July 2011, which is expected to benefit other sweeteners.
Sweeteners China News 1108 (From Issuu)
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