Friday, September 21, 2012

Oversea market is crucial for Chinese saccharin in H1 2012


Oversea market was still crucial for Chinese saccharin from Jan. 2012 to June 2012, according to CCM’s September issue of Sweeteners China News.

This can be reflected by the latest data from China Saccharin Group (CSG), an organization under China Sugar Association managing the production and sales of saccharin in China, the percentage of the export volume of saccharin accounting for the total output grew to 83.8% in H1 2012 from 74.5% in 2011, while that of domestic sales volume dropped to 10.9% in H1 2012 from 15.8% in 2011. In detail, the export volume and domestic sales volume of Chinese saccharin were about 8,531 tonnes and 1,112 tonnes in H1 2012, increasing by 18.88% and 3.56% over the same period of 2011 respectively while the total output of Chinese saccharin was 10,170 tonnes. However, due to the large stock of Chinese saccharin at the end of June 2012, about 5,352 tonnes, it is predicted that the output of Chinese saccharin will decrease in H2 over H1 of 2012.
  
Demand increase from Asia and South America was one reason for the increasing export volume of Chinese saccharin in H1 2012, according to two main saccharin producers in China, Henan Kaifeng Xinghua Fine Chemical Factory (Kaifeng Xinghua) and Tianjin Changjie Chemicals Co., Ltd. (Tianjin Changjie). The two companies explained that the export volume of the product got improved in H1 2012 over H1 2011 as Chinese saccharin producers have actively developed customers in Asia and South America in H1 2012, which made the demand from the two regions increase during the period. For example, according to data from China Customs, Germany, Brazil and India were top three export destinations of Chinese saccharin in H1 2012, with import volumes of 967 tonnes, 734 tonnes and 584 tonnes, increasing by -5.1 %, 20.3% and 96.6% over H1 2011 respectively.
 
In fact, Chinese saccharin capacity was 19,100t/a in 2011, taking up about 70% of the global total and most saccharin made in China was exported in past years.
  
Besides, the low export price of Chinese saccharin provided the basis for the increasing export volume of Chinese saccharin in H1 2012. In fact, the export price of Chinese saccharin decreased further in H1 2012: the average export price of Chinese saccharin was USD5,272.71/t in H1 2012, decreasing by 8.23% over H1 2011. Thanks to long-term market competition and immense capacity, the export price of Chinese saccharin has always been at a low level in the world in general, which can be traced from many countries' anti-dumping measures on Chinese saccharin, including India, Thailand, etc. However, since the capacity of saccharin in these countries can't meet their demand for saccharin, they still have to import saccharin from China.
  
Significantly, according to CCM International's investigation, it is not only Chinese saccharin that enjoyed good performance abroad in H1 2012, other common high intensity sweeteners (HIS) did too, including sucralose, acesulfame-K, cyclamate, aspartame and stevia sweeteners. For example, the export volume of sucralose and acesulfame-K were about 690 tonnes and 4,600 tonnes in H1 2012, increasing by 137.6% and 11.6% over the same period of 2011 respectively. In fact, Chinese HIS industry grows rapidly in the past years, especially in overseas market, because of the increasing demand from abroad and the low export prices. Moreover, with the development of production technology and capacity expansion of Chinese HIS, Chinese HIS products will win more popularity in global market in the future.
Source: Sweeteners China News 1209

Content of Sweeteners China News 1209:
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
… …

If you are interested in CCM’s September issue of Sweeteners China News, please do not hesitate to contact us by +86-20-37616606, or email us at econtact@cnchemicals.com.

Sweeteners China News is a monthly newsletter published by CCM International Limited. Based on China market, CCM offers timely update and close follow up of China’s various kind of sweeteners market dynamics, analyze the market data and trends, Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, Consumption Trend & Competitiveness.

About CCM
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For more information, please visit http://www.cnchemicals.com.
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Tel: 86-20-37616606

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IMO is approved as a new kind of feed additive.


About CCM
As a leading market research consulting company in China with more than 10-year-experience, 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.

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