Recently, CCM has come up with its latest report
of Sweeteners
China News 1301, in which, an article regarding the import volume and price
of L-phe was highlighted. The complete report comes as follows:
According to data from China Customs, both
import volume and price of L-phenylalanine (L-phe), a key raw material of
aspartame, decreased in Oct. 2012. In detail, import volume of L-phe was about
240 tonnes in Oct. 2012 (the second smallest one during Jan. - Oct. of 2012 and
only larger than 212 tonnes in Feb.), decreasing by about 63% compared with
that in Sept. 2012. At the same time, the average import price of L-phe
decreased to about USD7,100/t in Oct. 2012, which was the lowest one in the
first ten months of 2012.
Actually, because domestic supply of L-phe
increased in 2012, domestic demand for imported L-phe decreased at the same
time, and Oct. 2012 was no exception. Two domestic producers, namely Fujian
Maidan Biology Group Co., Ltd. (Fujian Maidan, the largest L-phe producer in
China) and Hebei Anminuo Amino Co., Ltd. (a new L-phe player), have launched their
L-phe projects with a total capacity of 11,000t/a in Q1 2012, which means
domestic supply of L-phe increased after Q1 2012. The import volume of L-phe in
China was about 240 tonnes in Oct. of 2012, which was not only smaller than
that in Sept. 2012, but also smaller than 270 tonnes (Oct. 2010) and 490 tonnes
(Oct. 2011) respectively.
Besides, it is believed that the decreased
export volume of aspartame in Oct. 2012 also has a negative effect on the
import volume of L-phe. Most importers of L-phe were domestic aspartame
producers, such as Changzhou Niutang Chemical Plant Co., Ltd. (Changzhou
Niutang), whose import volume of L-phe accounted for about 40% of the nation's
total in Jan. - Oct. of 2012. According to China Customs, export volume of
aspartame decreased by 22.37% to about 830 tonnes in Oct. 2012 from about 1,070
tonnes in Sept. 2012. Export volume of aspartame of Changzhou Niutang also
decreased to 283 tonnes in Oct. 2012 from 382 tonnes in Sept. 2012.
As a result, foreign L-phe producers actively
declined their products' prices in order to keep their market shares in China .
According to data from China Customs, the average import price of L-phe from Japan ,
which is one main import origin of L-phe for domestic aspartame producers, was
about USD6,200/t in Oct. 2012, which was the lowest one in the first ten months
of 2012. But import volume of L-phe from Japan increased sharply to over 91
tonnes in Oct. 2012 from about 8 tonnes in Sept. 2012. The huge volume of
imported L-phe from Japan
is also a factor that dragged down the average import price of L-phe in Oct.
2012.
It is predicted that import volume and
price of L-phe will both continue to decrease in the near future. More L-phe
projects in China
will be launched at the beginning of 2013, which will increase domestic supply
of L-phe. For example, Changzhou Niutang is building a L-phe project with total
capacity of 10,000t/a in Xinjiang since April 2011, which is expected to be
finished at the beginning of 2013. Therefore, foreign L-phe producers may
continue to decline their prices to maintain their position in China .
Source:
Sweeteners China News
1301
Table
of contents of Sweeteners
China News 1301:
Baolingbao acquires financial subsidy of
USD2.07 million
Xiwang Sugar may suffer profit decrease or
even loss in 2012
National purchasing volume of sucrose set
at 3 million tonnes in 2012/2013
Domestic market price of corn starch shows
uptrend in Dec. 2012
2012 Annual review of Chinese sweetener
industry
More sweetener producers in China open
online shops for end-products
GB 14880-2012 forced in 2013 will benefit
domestic functional oligosaccharide industry
Organic qualification review of Ganzhou
Julong on stevia sweetener is underway
Two companies to continue promoting
functional oligosaccharides in feed additive
Changzhou Niutang enjoys good performance
in 2012
Suzhou Gaofeng turns its HFCS target to
overseas markets
Sucrose: sales volume rises obviously but
price ups a little in Sept.-Nov. 2012
Export volume of Chinese acesulfame-K
increases but price falls during Jan. - Oct. 2012
Import volume and price of L-phe decrease
in Oct. 2012
Export overview of some sweeteners and raw
materials in China ,
Nov. 2012
Sucralose price shows uptrend in June -
Oct. 2012
Ex-factory prices of Chinese sweeteners in
Dec. 2012
Sweeteners China News, issued by CCM on 5th
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
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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,
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