Sweeteners China News 1209 - Annual subscription
NEW YORK, Oct. 17, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Sweeteners China News 1209 - Annual subscription
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Welcome to the September 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 August 2012, domestic sucrose price continued to decrease slightly, about USD947/t, which benefited FOS' profit. For instance, QHT's net profit enjoyed a rise in H1 2012 partly driven by the slight decrease in sucrose price. On the contrary, domestic corn price did not come down but continued to rise, exerting pressure on the profitability of those companies whose main products are made from corn. For example, Xiwang Sugar suffered profit decline in the first half of 2012 affected by the increasing cost of corn. And in order to ease the cost pressure, the company purchased corn in advance.
Although the global economic environment was volatile with the European debt crisis spreading, many Chinese HIS still enjoyed good performance abroad in H1 2012, such as saccharin, sucralose and acesulfame-K, mainly owing to their low export prices. For example, the export volume of Chinese saccharin saw an increase of about 18% in H1 2012 compared with the same period of 2011.
Moreover, most stevia sweetener producers have cut down the prices of their products since last year in order to get more market share. In Aug. 2012, GLG revealed that it had also reduced the price of its stevia sweetener in 2012 to promote its products and finally increase its market share.
On the premise of overcapacity and intense competition, exploring downstream and integrating industrial resources are important for domestic HFCS industry.
Oversea market is still crucial for Chinese saccharin in H1 2012.
Timeline for full re-evaluation of aspartame from EFSA has been extended to May 2013, which won't exert much effect on China's export of the product to the EU.
Chinese enterprises of functional sugar have been paying more and more attention to technological innovation, which not only helps the enterprises reduce the cost of raw material, but also helps to improve the popularity of functional sugar.
The output of domestic crystalline fructose keeps growing in H1 2012 thanks to the increasing demand and active promotion.
QHT, a company who has enjoyed revenue and total profit YoY growths of 93.43% and 113.44% in H1 2012, is making efforts to maintain the high growth in the future.
On 31 July, 2012, Xinfu Pharm announces that it will carry out technology transformation on its discontinued sucralose project.
Xiwang Sugar plans to save raw material (corn) cost and ensure the supply of corn in the rest of 2012 by purchasing corn in advance.
GLG's gross profit decreases seriously in H1 2012 for the company readjusts its development strategy in 2012.
Domestic ex-factory price of acesulfame-K has rebounded slightly in Aug. 2012, but it may decrease in the following months.
Domestic sorbitol industry may suffer negative effect in future from the anti-monopoly suit against five major Chinese VC producers from the US.
Up to late July 2012, the sales-to-production ratio of domestic sucrose is 75.00% in the extraction season of 2011/2012, which may bring down its price in H2 2012 and reduce the sales volume of starch sugar.
Xiankuo's XOS recognized as high-tech product of Jiangsu Province
Anhui Jinhe's revenue of acesulfame-K declines by 10.04% in H1 2012
Nanning Sugar acquires tax refund of USD3.04 million
Plan of amending 5000+ items of food standards to start
Team from Wrigley visits Shandong Longlive
IMO approved as new kind of feed additive
Development strategy of HFCS industry in China in future
Oversea market is crucial for Chinese saccharin in H1 2012
Aspartame re-evaluation extended until May 2013
Enterprises of functional sugar pay attention to technology innovation
Output of crystalline fructose increases in H1 2012
QHT's total profit rises by 113.44% in H1 2012
Xinfu Pharm starts technology reformation on sucralose project
Xiwang Sugar reserves raw material in advance
GLG suffers profit loss in H1 2012 for strategy readjustment
Ex-factory prices of Chinese sweeteners in Aug. 2012
Domestic ex-factory price of acesulfame-K may decrease slightly
Domestic sorbitol industry may suffer negative effect from VC industry
Sucrose price may decline under high inventory pressure
Export overview of some sweeteners and raw materials in China, July 2012
Companies mentioned
Quantum Hi-Tech(China) Biological Co.,Ltd.
Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd.
Xiwang Sugar Holdings Company Limited
GLG Life Tech Corporation
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Food_Ingredient Industry: Sweeteners China News 1209 - Annual subscription
Nicolas Bombourg
Reportlinker
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