HFCS and corn starch expected to get listed as futures in China

State Development & Investment Corporation (SDIC), a state-owned investment holding company directly under the central government, announced on its official website that its holding company named SDIC CGOG Futures Co., Ltd, became a member of China Starch Industry Association (CSIA) in July 2013, in order to assist Dalian Commodity Exchange (DCE), one of the four futures exchanges in China, to promote the listing of high fructose corn syrup (HFCS) and corn starch as futures. SDIC expressed that HFCS and corn starch were the two key varieties under DCE's current research to become futures. If HFCS and corn starch can become futures, it will bring more opportunities than challenges to domestic producers of these two commodities.

HFCS and corn starch becoming futures will have a positive effect on setting the benchmark prices of these two products in China. At present, China has no authoritative benchmark prices of HFCS and corn starch, which means that prices of these two products vary with producers. Because of the intense competition in these two industries, most domestic HFCS and corn starch producers always apply the "low-price strategy", even some producers continuously decline their products' prices, weakening the bargaining power of domestic HFCS and corn starch producers. Under this situation, the market price of HFCS and corn starch in China are irregular at present. The futures price of HFCS and corn starch can be used as their authoritative benchmark prices, which is believed to strengthen the bargaining power of domestic HFCS and corn starch producers.

Besides, according to Zhou Bo, a member of DCE, HFCS and corn starch becoming futures will be beneficial to domestic HFCS and corn starch producers and domestic downstream enterprises. The hedging function of futures can ensure both HFCS and corn starch producers and domestic downstream companies lower risks and more profits. Domestic producers can adjust their production plans and sales strategies according to the futures prices, and downstream companies can adjust their purchase volumes at the same time.

For domestic HFCS and corn starch producers, if they want to take part in futures exchange, they need to acquire relevant qualification after the listing of HFCS and corn starch are approved. It is worth mentioning that the raw material supply and quality assurance period jointly determine that the range of production and sales is not large. In addition, most HFCS producers in China follow the "factory direct sales" method. As a result, to acquire the futures checking and acceptance qualification will be a priority for domestic HFCS producers to participate in futures trading.

Moreover, the companies which want to take part in the futures trading of HFCS and corn starch in the future will need relevant futures researcher. An excellent futures researcher will be helpful to improve their anti-risk capability.

If HFCS and corn starch can become futures, it is believed that these two industries will further develop. For one thing, to be futures, more relevant research organizations will bring more information about not only the domestic market but also overseas market, which may affect the futures prices. At present the channel through which producers gather the information mentioned above are confined to a few organizations only, but the situation will be changed after the futures are approved. Also becoming futures will improve the concentration ration of the industries. It is obvious that large producers will more easily acquire relevant qualifications to enter the futures market than the smaller ones, thus, the smaller ones will face more risks than the larger ones. Finally, more small producers will withdraw from the market or be acquired by large ones, and the concentration ration of the industries will increase.

Source: Corn Products China News issued by CCM in September

Table of Contents of Corn Products China News 1309:

China's corn import may incease to 20-30 million tonnes

Chinese corn products Imp. & Exp. in July 2013

China's citric acid export volume up but value down, Jan.-July 2013

Price update of corn products in Sept. 2013

Ex-works price of DDGS surges in Aug. 2013

Fufeng Group performs well in H1 2013

Meihua Group's net profit down 22% YoY in H1 2013

Sales revenue of Baolingbao declines by 20.88% in H1 2013

COFCO Biochemical's net profit decreases by 48.27% in H1 2013

Longlive Bio-technology performs in expectation in H1 2013

HFCS and corn starch expected to get listed as futures in China

Feed industry undergoes a downtrend in H1 2013

Corn Products China News, a monthly publication issued by CCM on 20^th, features “Supply and Demand”, “Import and Export Analysis”, “Price Update”, “Market & Company Dynamics”, “Policy”, “Corn Supply” and other more information researched and reported by CCM’s professional journalists. It is a reliable intermediate for you to know more about the corn industry in China even in the globe.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Dragged by lower TiO2 prices in Q2, DuPont plans to strip out its TiO2 business

On July 23, 2013, DuPont reported its Q2 2013 financial results, with net sales of USD9.84 billion, about 0.74% less than that in Q2 2012; and a total segment operating earnings of USD1.86 billion, a YoY fall of 17.14%. During the first six months ended on June 30, DuPont delivered net sales of USD20.25 billion, a YoY growth of 0.77%; a net income attributable to DuPont of USD4.38 billion, a YoY growth of 63.42%, according to CCM’s latest issue, Titanium Dioxide China Monthly Report.

Lower TiO2 prices which declined by nearly 25% from the average in H1 2012, crimped DuPont's Q2 financial results. The operating earnings from DuPont's Performance Chemicals segment (including TiO2 products and fluoroproducts) declined by 55.56% from USD594 million in Q2 2012 to USD264 million in Q2 2013. As TiO2 prices declined and downstream end users' inventory level turned to be normal, DuPont's TiO2 sales volume in Q2 increased by 12% compared with that in Q2 2012 and 18% compared with that in Q1 2013.

Meanwhile, DuPont expressed primary decision to strip out its Performance Chemicals segment. The decision is based on the fact that the business has higher volatility, cyclicality and lower-growth profile, which bring fluctuation to the company's portfolio, despite the attractive financial strength and cash-generating capability of the business. DuPont explained that it has limited ability to create new growth opportunities with the segment by integrating its science across their markets, customers and products. 

DuPont has not reached a final decision yet, but it claimed it won't prolong the process.

A lower-growth expectation may be the primary reason for DuPont's decision to strip out its TiO2 business.

First of all, there will be limited demand growth in the future. As known, TiO2 consumption depends on the demand from the downstream, including coatings, plastics and decor paper. China, the second largest economy in the world, consumes about one third of the global TiO2 production. After thirty years of double-digit growth, China's economy faces the risk of lower growth and urgently needs to adjust its industrial structure. The Chinese government's efforts to turn the economy into one led by domestic consumption and reduce its reliance on fixed assets investment and exports will limit its demand for coatings, plastics and decor paper accordingly.

Secondly, its TiO2 business is confronted with an overcapacity and intense competition. DuPont's TiO2 business faces tough competition, especially from China. According to CCM's monitoring data, China's TiO2 capacity was about 2.78 million t/a in 2012, with an output of around 1.90 million tonnes, indicating an overcapacity and it is expected to reach about 3.40 million t/a in 2015, including 300,000t/a of chloride process TiO2. Although China-made TiO2 products are inferior to DuPont's, the price war started by Chinese TiO2 producers would erode DuPont's profits in TiO2 business because cheaper prices would attract rivals' customers.

Thirdly, uncommon and favorable factors will hardly happen again. The booming TiO2 market that brought enviable profits to producers during 2011-H1 2012 was caused by many outer uncommon factors. For instance, the permanently close-up of some European and American TiO2 factories around 2009 because of environmental protection and losses led to a rip of global TiO2 supply volume. For another, the USD647.25 billion (RMB4 trillion) stimulus plan launched by the Chinese government in late 2008 largely stimulated the country's consumption of coatings, plastics and decor paper in 2011. These favorable factors would seldom emerge in the future, indicating a small opportunity for the reappearance of a flourishing global TiO2 market.

Actually, before DuPont's decision to strip out its TiO2 business, another international TiO2 giant–Rockwood Holdings Inc. (Rockwood), with a TiO2 capacity of 340,000t/a, ever searched for investors to take over its TiO2 business. The divesture plan of Rockwood did not progress smoothly under the current weak market condition. It added a special adhesive business into the selling batch to attract investors upon the failure to sell its TiO2 business solely. It's reported that another major international TiO2 player–Huntsman, intended to take over Rockwood's TiO2 assets, which will probably increase the concentration of the global TiO2 industry. If DuPont sold its TiO2 assets to other giants in the industry, such as Huntsman, Tronox and Kronos, it will accelerate the integration of the global TiO2 industry.

Nevertheless, DuPont is not pessimistic about the TiO2 market in Q3 2013. It said that the TiO2 industry's value chain inventory level is near normal and its TiO2 sales volume is expected to see a double-digit growth in Q3 thanks to the possibly modestly higher demand for TiO2. In addition, the price increase of DuPont's TiO2 products movement effective since July 1 will also help the company perform better in next half year. Finally, DuPont reaffirmed a full-year outlook of earnings of about USD3.85 per share in 2013.

Table Contents of Titanium Dioxide China Monthly Report 1308:

Editor's notes

Headlines of this issue

Industrial Information

Import volume of TiO2 saw massive decline while export volume declined slightly in June 2013

Total titanium feedstock supply volume continues slide in June compared with that in May

Domestic TiO2 price edged down slightly from mid-July to mid-Aug.

Company dynamics

Dragged by lower TiO2 prices in Q2, DuPont plans to strip out its TiO2 business

GPRO Titanium succeeds in backdoor listing and starts trading since July 26, 2013

Tronox's adjusted loss decreased and gross margin improved in Q2 2013

Pangang Group delivered bad operating performance in H1 2013 and accounts receivable soared

Upstream

Iluka's rutile production witnessed a YoY decline of 49.06% in H1 2013 due to the subdued global demand

Downstream

Kingfa sold 519,400 tonnes of modified plastics in H1 2013 with a YoY growth of 17.46%

Shandong Qifeng maintained strong growth in H1 2013 as benefited from the falling TiO2 price

AkzoNobel saw smaller decline in revenue in Q2 2013

Titanium Dioxide China Monthly Report, issued by CCM on 25^th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Latest production situation of PF in China

Production and Market of Paraformaldehyde in China is CCM’s ninth edition market report related to China’s paraformaldehyde (PF) industry. Released in May 2013, the report features the following contents:

- Updated data about production and consumption of PF in China as of 2012
- New PF projects under construction or to be constructed in China, as of May 2013
- Import and export analysis from 2000 to Q1 2013
- Price dynamics of PF in China from 2006 to Q1 2013
- Production technology situation of PF in China
- Forecast on PF supply and demand in China, 2013–2017
- Introduction to the main PF producers in China

According to the report, China has 28 PF producers with total capacity of 453,000 t/a as of May 2013. After a stable growth from 2008 to 2011, both the production and demand of PF in China increased rapidly in 2012, and they tend to keep growing greatly in 2013. Through the report, readers can obtain an overview of the main PF producers in China, as well as the PFproduction situation during 2007–2013, including capacity and output of PF, geographical distribution of producers, production characteristics, PF prices, new dynamics of PF raw material (formaldehyde), production technology of PF, and R & D situation of PF, etc.

The growth rate of PF production has slowed down from 2009 to 2011, after a drastic growth from 2006 to 2008 thanks to the domestic flourishing glyphosate industry, one of the main downstream industries of PF In the glyphosate industry, PF is only applied in glycine route, which is currently facing intensifying competition from the other two routes, namely DEA route and IDAN route.

Currently, China’s glyphosate industry is also facing severe challenge from the environmental protection since the Chinese government has issued many regulations in relation to the use of glyphosate. Given the situation, CCM forecasts that the development trend of the glycine route in China will go down, which indirectly impacts the domestic PF industry. Moreover, the production and market situation of the other downstream industries of PF will also be reported.

For more information about Production and Market of Paraformaldehyde in China, please visit: http://www.cnchemicals.com/ResearchCenter/Report/2278/Production-and-Market-of-Paraformaldehyde-in-China-Edition(9)

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Competition in domestic xylitol industry may be more intense in the near future

It is predicted that the competition in the domestic xylitol industry will become increasingly intense in the near future because of the relatively serious overcapacity at present and more new production capacity to be launched in the near future, according to Sweeteners China News, issued by CCM in July.

Actually, the overcapacity problem for the domestic xylitol industry at present is relatively serious. According to CCM's investigation, the total capacity of xylitol in China was over 132,000t/a while its national output was only about 67,000 tonnes in 2012, with an operating rate of just over 50%.

The overcapacity in the domestic xylitol industry can be attributed to two reasons as follows.

For one thing, high downstream concentration brought less opportunities to domestic xylitol producers to fully utilize their production capacity. For example, about 81% of the national output of xylitol was consumed by domestic downstream enterprises, and the consumption volume in the domestic sugar-free chewing gum industry accounted for about 86% of the domestic total in 2012. It is obvious that the development of the domestic xylitol industry depends on that of domestic sugar-free chewing gum industry. But in China the market share of sugar-free candy is so small that it limits the development of the domestic xylitol industry. In addition, high dependence on the domestic sugar-free chewing gum industry means that it is difficult for domestic xyltiol producers to sell their products to other downstream industries in China.

For another, some xylitol producers in China rely so much on their export business. But due to the global economic crisis, the demand for China's xylitol from the overseas market declined in 2012. According to China Customs, 11,523 tonnes of China's xylitol was exported to the overseas market in 2012, decreasing by 30.83% year on year. It is believed that the weak demand for China's xylitol from overseas market in 2012 also gave rise to the decline in the operating rate of some domestic xylitol producers, worsening the overcapacity.

Nevertheless, under the overcapacity pressure in the domestic xylitol industry, some enterprises still want to enter the domestic xylitol market, which will further aggravate the overcapacity problem of domestic xylitol industry. For example, Shandong Shenghao Biotechnology Co. Ltd. (Shandong Shenghao, a wholly-owned subsidiary of Shandong Sun Paper Industry Joint Stock Co., Ltd.) took its first step into the domestic xylitol market by investing about USD16.23 million in the establishment of a factory of crystalline xylitol with a capacity of 10,000t/a and of liquid xylitol (50%) with a capacity of 4,000t/a in 2012. And in Jan. 2013, Zhumadian Tianfang Biological Engineering Co., Ltd. (Zhumadian Tianfang) invested as high as USD259.74 million to build a factory, including a production project on xylitol with a capacity of 40,000t/a.  

Once the production projects above come into play, it is likely that the competition in the domestic xylitol industry will become more intense in the near future. On the contrary, it is predicted that the demand for China's xylitol both from home and abroad will not see a significant increase in the near future. The problem of the high downstream concentration is the first obstacle that the domestic xylitol industry should tackle, but it takes time to explore new downstream industries.

The intense competition of domestic xylitol industry finally has a negative effect on the producers' profit. In order to expand their market share, domestic xylitol producers would better decrease their product prices. Since 2012 the average ex-works price of crystalline xylitol in China has shown a downtrend from USD4,417/t in Jan. 2012 to USD4,233/t in May 2013. Though the cost of its raw material–corn cob–was also on a decrease, but the decrease rate was unable to keep pace with the one of xylitol's price. The average ex-works price of corn cob in China was USD77/t in 2012, but it just decreased to USD73/t in the first five months of 2013. It is obvious that by selling the same volume of xylitol domestic xylitol producers gained less net profit than before.

Therefore, more intense the competition in the domestic xylitol industry will be more difficulties in selling the xylitol and lower prices of China's xylitol there will be. In the near future, the price of China's xylitol may continue to decline, leading some producers to withdraw from the industry.

Table of Contents of Sweeteners China News 1307:

Global Sweeteners: collaboration with ADM on selling sweetener products

Changzhou Hanbang launches crystalline neotame

Xiwang Sugar sells its corn processing business

China Starch issues a profit warning

Shandong Longlive launches new kind of food with XOS

Crystalline fructose industry: rapid development in recent years but still challenges in near future

Competition of domestic xylitol industry may be more intense in the near future

Overheating investment in domestic sucralose industry should be noticed

QHT acquires two letters patent on functional oligosaccharide

Growth rate of import volume of liquorice declines in first five months of 2013

China's mannitol: Export volume increases while import volume decreases in Jan. -May of 2013

China exports over 93 tonnes of mogroside in 2012

China's maltitol: export volume decreases by 16.94% YoY in Jan. -April of 2013

Export overview of some sweeteners and raw materials in China, May 2013

Over 33,000 tonnes of HIS consumed in China in 2012

More syrup consumed by China's candy producers to replace sucrose in 2012

China's import volume of sucrose still large from Jan. to May 2013

Strong management on infant formula may improve indirectly consumption of FOS in China

Ex-factory prices of sweeteners in China in June 2013

Sweeteners China News, issued by CCM on 5^th every month, offers timely update and close follow-up of market and company dynamics based on China’s sweeteners industry. It also releases the latest information on raw material supply, price update, import & export analysis as well as consumption trend & competitiveness.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

DuPont and Tronox lead the third wave of TiO2 price increases in 2013

TiO2 prices are increasing again! On May 30, 2013, both DuPont and Tronox announced a TiO2 price increase. It was the third wave of TiO2 price increases by international TiO2 giants in the year so far. The first wave occurred at around the end of Feb. 2013, led by Kronos, Huntsman, Cristal and ISK. The second wave came on May 9, 2013, led by Kronos. Relatively speaking, DuPont and Tronox acted more prudently in their price increase strategy, according to TiO2 China Monthly Report issued by CCM in June.

 

In detail, Tronox announced that the prices of its TiO2 products sold in Latin America and Asia Pacific will be raised by a minimum of USD175/t; those sold in Japan will be raised by a minimum of USD228/t; those sold in Europe, Middle East and Africa will be raised by a minimum of USD162.5/t or USD175/t in US Dollar markets; those sold in North America will be raised by a minimum of USD132.3/t. The announcement will become effective on June 1, 2013 or as contracts allow. At the same time, DuPont also announced that the prices for DuPont™ Ti-Pure® TiO2 sold in Asia Pacific and Latin America will be raised by USD200/t; those sold in Euro zone markets in Europe, the Middle East and Africa will be raised by about USD208/t or USD200/t in US Dollar markets; those sold in North America, in addition to paper and paperboard applications, will be raised by about USD176.4/t. The announcement will become effective on July 1, 2013 or as contracts allow.

 

The condition of the domestic TiO2 market is quite different from overseas TiO2 market. In mid-May, domestic rutile TiO2 was sold at around USD2,600/t, decreasing by about 15% compared to that in mid-Jan. 2013, ignoring the consecutive price increase announcement of international TiO2 giants. The real estate industry recovery in the U.S. and widespread production reduction of TiO2 producers in 1Q 2013 caused the international giants to hold an optimistic view in anticipation of booming TiO2 demand in the future, driving them to announce price increases again and again. While the domestic TiO2 market heavily depends on the consumption of domestic downstream industries, as the de-stocking process has been progressing and the current domestic TiO2 selling prices are close to the unit production cost, it is estimated that the domestic TiO2 market might touch the bottom around July this year.

Table of Contents of TiO2 China Monthly Report 1306:

Editor's notes

Headlines of this issue

Industrial Information

Import volume of TiO2 was up 15.70% while export volume was down 13.00% in

April 2013

Total titanium feedstock supply volume was flat in April compared with that in March

Domestic TiO2 price still in a downtrend in June 2013

Company dynamics

Shandong Dongjia is undergoing the "reply to feedback" process under its IPO 

application

DuPont and Tronox lead the third wave of TiO2 price increases in 2013

Tianzhu Peng: lower electricity price can benefit the TiO2 production in Panzhihua Vanadium & Titanium Industrial Base

Upstream

Hong Kong Guangxin defaulted on the ilmenite trade contract signed with Zero-seven

Downstream

Valspar to acquire European Industrial Coatings Company Inver Group

Housing prices rose in May although state control remained stringent

Domestic automobile production in the first five months of 2013 increased by

13.49% YoY

Titanium Dioxide China Monthly Report, issued by CCM on 25^th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Domestic output of sugar alcohol witnesses uptrend in recent years

Sugar alcohol has witnessed fairly fast development in China in recent years according to CCM's newly issued report, Survey of Sugar Alcohol in China. In detail, the outputs of sorbitol, maltitol, xylitol, mannitol and erythritol, five main kinds of sugar alcohol, reached 839,600 tonnes, 80,400 tonnes, 66,900 tonnes, 22,700 tonnes and 11,500 tonnes in 2012, growing with CAGRs of 12.2%, 12.1%, 7.6%, 16.1% and 34.6% respectively in the past four years (FIGURE 6).

The increasing output of sugar alcohol in China is mainly attributed to growing demand from downstream industries especially food and pharmaceuticals industries, the two largest consumption fields of sugar alcohol which consumed 82% of domestic sugar alcohol in 2012 (FIGURE 7). For example, the consumption quantity of sugar alcohol in confectionery, baked food and beverage were about 134,000 tonnes, 124,000 tonnes and 34,000 tonnes in 2012, up 52.2%, 176.9% and 111.5% respectively compared with those in 2010. China's food industry has undergone rapid development in recent years, pushing up demand for sugar alcohol as food additive. The year-on-year growth rates in the output of food industry in China were 17.1% in 2011 and 11.9% in the first 11 months of 2012 according to data from National Bureau of Statistics of China. In addition, people care about their health far more than before and they prefer food with no or low content of sugar as the number of diabetic and obese patients is becoming larger and larger in China. Hence, demand for sugar alcohol such as xylitol and erythritol grows because they perform well as sweeteners that do not raise blood sugar level.

As for the consumption in pharmaceuticals industry, sugar alcohol is mainly applied in vitamin C (VC) and injection products. Although the consumption volume of sugar alcohol in VC did not see growth due to the poor export performance of VC, the consumption volume of sugar alcohol in injection products enjoyed rapid growth. Specifically, the consumption volume of sugar alcohol in injection products was 96,600 tonnes in 2012, up 62.7% compared with that two years ago. In detail, the CAGRs of the consumption volumes of sorbitol, mannitol and xylitol in injection products in China were 27.6%, 16.5% and 47.3% respectively during 2010-2012.

It is predicted that domestic output of sugar alcohol will keep uptrend in the future due to the increasing demand from downstream industries. In the Development Plan of Biological Industry issued in Dec. 2012, domestic biological pharmaceuticals shall increase with a CAGR of over 20% in output value during 2013-2015. And as indicated in the 12th Five-Year Development Plan (2011-2015) for Food Industry, the output value of China's food industry will grow with a CAGR of 15% during 2011-2015. Consequently, the fast developing downstream industries will boost demand for sugar alcohol, increasing its output in the future.

Table contents of Corn Products China News 1301:

Supply of xanthan gum in China to increase in 2013

Chinese corn products Imp. & Exp. analysis in Nov. 2012

Domestic market price of citric acid declines during Nov. 2012-Jan. 2013

Market price of corn oil sees general uptrend during Dec. 2012-Jan. 2013

Meihua Group plans to produce pullulan

Baolingbao makes progress in production technology of oligosaccharides

Domestic output of sugar alcohol witnesses uptrend in recent years

Output of glutamine in China rebounds in 2012

MEP renews lists of citric acid and MSG producers meeting environmental laws & regulations

Domestic supply of corn to be sufficient in H1 2013

China imports corn from Argentina for the first time

2012/2013 state reserve of sugar launched

Corn Products China News, a monthly publication issued by CCM on 20^th, features “Supply and Demand”, “Import and Export Analysis”, “Price Update”, “Market & Company Dynamics”, “Policy”, “Corn Supply” and other more information researched and reported by CCM’s professional journalists. It is a reliable intermediate for you to know more about the corn industry in China even in the globe.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

CCM International’s Customized Services in China Fluorite Industry

On June 25, 2012, the Ministry of Industry and Information Technology of the People's Republic of China promulgated the list of the first batch of fluorite production lines, which meets the Standard for China’s Fluorite Industry Admittance. It means that China has formally carried out the integration of fluorite resources, which will benefit the export control of fluorite, improve the efficiency of fluorite utilization and promote the development of high value-added products of fluorine chemical.

 

On July 9, 2012, the Central Government of the People's Republic of China issued a policy, namely the Development Plan of Energy-Saving and New-Energy Vehicles Industry (2012-2020). In order to popularize the application of energy-saving and new-energy vehicles, the Chinese government will provide more support, such as financial subsidies, to the scientific research on vehicle technologies and some core auto parts, the construction of charging station for BEV and PHEV,  the encouragement on small-displacement vehicles, etc. This new policy is going to promote the rapid development of BEV and PHEV, which will greatly increase the demand of LiPF6 in China.

 

In addition, influenced by the depression of economy both at home and abroad, the market situation of fluorine chemical downstream industries was still dismal and the prices of some fluorine chemicals slumped in June 2012.

Except the above news, what are the other latest news and dynamics in China’s fluorine industry? CCM International’s China Fluoride Materials Monthly Report helps you follow the dynamic throughout the whole value chain immediately.

Based on more than 10-year expertise, CCM International is dedicated to providing customers with customized services of China’s fluorine market. If you need a full understanding and in-depth analysis of this industry, the market report presents you the most comprehensive view. Related market reports include: Survey of Fluorine Industry in China (Edition 2), Fluorine Industry Survey in China (Edition 1).

The company also provides various data to meet your needs, such as import/export data, production data, consumption data, producer profile, price monitoring etc.

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact

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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1168.html

TiO2 China Market Research Packages Newly Launched by CCM International

CCM International newly launches TiO2 China market research packages from Jan. 20th, 2012. The 2012 TiO2 online packages will cover all the latest TiO2 researches from CCM International, including market reports, newsletters related to TiO2, titanium dioxide industry database, TiO2 trade analysis and other premium subscription services etc. It is extremely useful for all industry participants seeking information about TiO2 industry in China.

As we know, China’s TiO2 has heated up since 2009 and all the data shows the market keeps strong. From 2006 to 2011 China’s TiO2 output keeps a CAGR of two digits. It is a good time to make investment in this industry with accurate market investigation.

Covering all the market intelligence of TiO2 upstream and downstream industries by CCM International, the TiO2 online packages provide you the latest industrial information and the most professional analysis with reliable methodology. It updates your knowledge to get well prepared for the consistently changing market and saves your time to screen dazzling data!

You may benefit extra discounts for online payment during the promotion period. Payments made online can enjoy up to 40% discounts off from Jan. 20th to Apr. 20th, 2012. If you are interested in the TiO2 online packages, just pay online! For details, please check http://www.cnchemicals.com/special/Tio2ChinaMarketResearchPackage.html

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_945.html

China Starch Output Continues to Grow in 2011

Guangzhou China, July 29, 2011 – The latest issue of Corn Products China News released by CCM presents that China's total output of starches reached 19.7 million tonnes in 2010, up by 9.7% over 2009.

The increase in starch output in 2010 is mainly driven by the strong demand for starch in downstream industries, like starch sugar, sugar alcohol and modified starch. Statistics show that total output of starch sugar products (liquid) increased by 13.1% in 2010 over 2009. Particularly, the output of high fructose corn syrup (HFCS, one kind of starch sugar) reached over 500,000 tonnes in 2010, up 41% over 2009 because sucrose price in China skyrocketed to a high level in 2010.

It's believed that the total output of starch in China will keep growing in 2011 thanks to its booming downstream market. Particularly, the output of potato starch will be stimulated to rise by the increase in China's anti-dumping duty on the EU's potato starch since April 2011. (The anti-dumping duty has been increased to 12.6%-56.7% since 19 April 2011 from 17%-35% before.) Output of corn starch is greatly affected by government policy. At present, constructing new production lines of corn starch will be hard to get approval. And if there are no other restriction policies to come out, it's believed that the output of corn starch will increase this year.

More news about the industrial trend, company dynamics, market price, and future forecast are unveiled in the latest issue of Corn Products China News.

The following highlights are covered in the latest issue of Corn Products China News:

-Total output of starch in China increased by 9.7% in 2010 over 2009.
-Northeast Pharmaceutical has begun to suspend its VC production for routine maintenance since 15 July 2011.-Compared with April 2011, total import volume of corn products in May 2011 increased, but the export volume dropped.-Lysine price maintains an uptrend in July 2011 over last month, while prices of tryptophan, threonine, and methionine perform relatively stable.-Price of VB2 witnesses an uptrend in July 2011, which will continue in the near future as believed.

-Shandong Longlive begins to go public on 20 July 2011, but its fuel ethanol business arouses concerns about the company’s prospect.-Global Bio-chem was granted the BioPreferred label by USDA for its polyol chemical biopropylene glycol in June 2011.-Xiwang Sugar is going to purchase two starch production lines and two production lines of maltodextrin from Xiwang Pharmaceutical in late 2011.-Xanthan gum is expected to have a promising market in 2011.-Some inferior capacities in citric acid, MSG and alcohol industries are to be eliminated by the end of 2011.-Luwei Pharmaceutical becomes one of the largest sorbitol manufacturers with 50,000t/a capacity in 2011.-Import volume of cassava starch is expected to be higher in 2011 over 2010 thanks to its booming demand in China.-It’s found through a questionnaire survey that corn price still has room for increasing before new corn comes out in 2011 as expected.

About CCM

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Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China