Annual Information Service
Sweeteners China News
|Published by||CCM Data & Business Intelligence||Product code||204026|
|Published||12 issues / year||Content info||23 Pages|
|Sweeteners China News|
|Published: 12 issues / year||Content info: 23 Pages||
Guangxi sugar industry achieved the strategic restructuring target of the "13th Five-Year Plan" (2016-2020), 7 months ahead of schedule.
Due to the "3.21" Xiangshui Explosion Accident occured last year, Jiangsu Province continues to strengthen improvement on safety and environmental protection; some aspartame enterprises may be impacted.
On 11 June, Zhucheng Dongxiao put the 20,000 t/a of erythritol project into trial production; affected by the COVID-19 epidemic, Likang Pharmaceutical may not able to complete the 30,000 t/a of erythritol and 5,000 t/a of glutamine project as scheduled.
Yuxin Technology's 20,000 t/a xylitol project has entered the installation and commissioning stage, and is expected to start production by the end of 2020.
Hongxin Chemical intends to invest USD39.26 million (RMB280 million) to build the 15,000 t/a of Ace-K and 63,000 t/a of ammonium sulfate by-product project, of which the EIA has been approved in Nov. 2019. And as of 25 March, 2020, the project has not started construction.
By the end of May 2020, the production and sales of sugar in the 2019/2020 season fell slightly YoY, of which the production decreased by 3.28% YoY, and sales down by 5.35% YoY.
Affected by reduced demand in the downstream health care industry, QHT achieved income from the microecological nutrition preparation business of USD31.41 million (RMB224 million) in 2019, down by 22.25% YoY. Under the influence of COVID-19 epidemic, QHT obtained increased orders of microecological nutrition preparations against the trend.
On 15 June, Chenguang Biotech issued a notice that it intended to raise funds for the construction of an integrated natural plant extraction project (phase I), with the main product of stevioside and the construction period of 24 months.
The price of 75% malt syrup was low in June due to weak prices of raw materials, weak demand and low prices of alternatives.
Under the impact of the COVID-19 epidemic, the total export volume of sorbitol in April fell 29.0% MoM, down by 4.0% YoY. Exports are still expected to decrease in the short term.
Column 1 Governmental Direction
Guangxi sugar enterprises complete strategic restructuring target of "13th Five-Year Plan"
Jiangsu Province continues to strengthen improvement on safety and environmental protection
Column 2 Market Dynamics
Progress of erythritol projects in Zhucheng Dongxiao and Likang Pharmaceutical
Yuxin Technology completes main construction of 20,000 t/a of xylitol project
NTAC to invest in construction of 15,000 t/a of Ace-K project
Process in China's production and sales of sugar in 2019/2020 season by end of May
Column 3 Company Development
QHT sees falling income from oligose business in 2019 due to reduced demand in health care industry
Chenguang Biotech to raise funds for integrated natural plant extraction project
Column 4 Price Update
Ex-works prices of sweeteners in China, June. 2020
Low prices of malt syrup in June
Column 5 Import and Export Analysis
Exports of sweeteners and raw materials from China, Apr. 2020
Sorbitol exports fall sharply MoM in April
Column 6 News in Brief
Production, sales and inventory of saccharin in China by end of April
Jilin OGO starts up 50,000 t/a of trehalose project
COFCO Hengshui starts construction of 480 t/d of HFCS expansion project
Bailong Chuangyuan completes 6,000 t/a of crystalline maltitol project
Second information publicity on high-end starch and deep processing projects in Heyang Biotechnology
Xiwang Sugar successfully holds Core Customer Talkfest for 2020
Jinhe Industrial launchs mobilisation conference for main construction of sucralose project
ST Nanning Sugar Industry officially changes stock abbreviation to ST Nanning Sugar Industry
Sanyuan Biotechnology's revenue from erythritol products rises by 15.40% YoY in 2019
Publicity of EIA report on 3,500 t/d sugarcane technical renovation and expansion project in Mengpeng Sugar Industry