Showing posts with label aspartame. Show all posts
Showing posts with label aspartame. Show all posts

Monday, December 2, 2013

Find Hot News in Sweeteners China News 1311

Following are headline news of the latest issue of Sweeteners China News:
China's total import quota for sucrose will remain 1.945 million tonnes in 2014. However, it remains unknown whether the sucrose import volume continues to be large in 2014 as in the current year.
Opportunities and challenges coexist in domestic HIS industry
HIS occupies an important position in domestic sweetener industry in terms of not only production but also application. But based on obvious advantages and disadvantages of HIS, opportunities and challenges coexist in domestic HIS industry .
Export volume of China's erythritol decreases by 37% YoY in Jan. -Aug. 2013
The export volume of China's erythritol decreased sharply from 4,806 tonnes in the Jan. -Aug. 2012 to 3,024 tonnes in Jan. -Aug. 2013.
Suzhou Gaofeng establishing new production line of HFCS and maltose syrup for Coca-Cola
Suzhou Gaofeng is establishing new production line of HFCS and maltose syrup, in order to supply raw materials for Coca-Cola. But it is predicted that there will be some risks with Suzhou Gaofeng's investments, due to the overcapacity of HFCS and maltose syrup in China and decreasing demand of carbonated beverage in China.
Price trend for China's maltose syrup in first three quarters of 2013
The market price of 75% maltose syrup in China showed a downtrend in the first seven months of 2013, but it increased in Aug. -Sept. 2013.
Ex-factory price of China's FOS shows downtrend in Jan. -Sept. 2013
The ex-factory price of China's FOS (powder 95%) showed a downtrend in Jan. -Sept. 2013, which can be attributed to the decrease in raw material costs and intense competition in domestic FOS industry.
Ex-factory prices of sweeteners in China in October 2013
Ex-factory prices of sweeteners in China in October 2013
Export overview of some sweeteners and raw materials in China, September 2013
Export overview of some sweeteners and raw materials in China, September 2013
Two Chinese leading sucrose producers suffer huge loss in first nine months of 2013
Two Chinese leading sucrose producers suffer huge loss in first nine months of 2013
Orders for stevia sweetener met by Guilin Layn decreases sharply in first nine months of 2013
Orders for stevia sweetener met by Guilin Layn decreases sharply in first nine months of 2013
Jiangsu Ogo to make debut in domestic functional oligosaccharide industry
With confidence in the prospect of domestic functional oligosaccharide industry, Jiangsu Ogo invested USD14.22 million in the establishment of functional oligosaccharide projects. However, the future consumption of functional oligosaccharide in China may not be as optimistic as the company expects.
Domestic corn prices predicted to decline slightly in 2013/2014
Domestic corn prices are predicted to decline in 2013/2014 due to the oversupply of corn in China. But the reduction range is also believed to be small, in view of China's government' efforts to protect the profits of domestic corn growers.
Shandong Longlive signs cooperative agreement with UFRJ
Shandong Longlive signs cooperative agreement with UFRJ
Export volume of China's syrup sorbitol increases sharply in May-July 2013
The export volume of China's syrup sorbitol was 22,248 tonnes in May -July 2013, up 55% YoY.
Baolingbao obtains patent certificate in Oct. 2013
Baolingbao obtains patent certificate in Oct. 2013
China's xylitol export in Jan. -July 2013: quantity increases sharply while price continues to decline
It is believed that the demand increase of China's xylitol from overseas market boosted its export volume in Jan. -July of 2013, while producers continued to face the falling export prices of their xylitol.
Baolingbao engaged in investments in banks' wealth management products since June 2013
Baolingbao is increasing its investment in wealth management products since June 2013. Though Baolingbao expressed that its purpose was to improve the service efficiency of its funds, the company is believed to have not much enthusiasm for its main business at present.

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

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Tuesday, October 29, 2013

Find Hot News in Sweeteners China News 1310

Following are headline news of the latest issue of Sweeteners China News:
The export volume of China's aspartame did not increased as sharply as it showed under its independent HS code in H1 2013.
International and domestic factors together impact China's sucrose price in Q4 2013
It is predicted that the latest minimum purchase price of sugarcane in the extraction season of 2013/2014 and import volume of sucrose in China in the remaining months of 2013 will be the key factors for the trend of China's sucrose price in Q4 2013.
China's mannitol export: both volume and price increase in Jan. -Aug. 2013
The export volume of China's mannitol increased 17.37% YoY to 5,621 tonnes in Jan. -Aug. of 2013. And the average export price of China's mannitol also showed an uptrend at the same time.
PureCircle: sales performance good while suffering continous losses in FY2013
The total revenue of PureCircle witnessed a dramatic increase in FY2013, thanks to the great growth in sales of high purity stevia sweeteners. However, the company continued to suffer losses at the same time, though the loss was at a lower level.
Guilin Layn turns loss into gain in H1 2013
Guilin Layn successfully turned profitable in H1 2013 after it suffered a huge loss in 2012.
Starch sugar producers selling more corn starch threatens domestic corn starch industry
Domestic starch sugar producers sold more corn starch products in H1 2013 in order to tackle the overcapacity of their corn starch. This has further worsened the condition of the domestic corn starch industry.
Guangxi government introduces policies to promote health development of its sucrose industry
Guangxi government introduces policies to promote health development of its sucrose industry
Wanfu Biotechnology continues to suffer losses in H1 2013
Wanfu Biotechnology continues to suffer losses in H1 2013
Ex-factory prices of sweeteners in China in September 2013
Ex-factory prices of sweeteners in China in September 2013
Zhaoqing Coruscate's starch syrup project starts to build in Sept. 2013
Zhaoqing Coruscate's starch syrup project starts to build in Sept. 2013
Export overview of some sweeteners and raw materials in China, August 2013
Export overview of some sweeteners and raw materials in China, August 2013
YoY growth rate of export volume of China's sucralose drops sharply in H1 2013
The YoY growth rate of the export volume of China's sucralose dropped in H1 2013 compared to in H1 2012, which might bring challenges for the domestic sucralose industry.
H1 2013 still tough for domestic crystalline glucose industry
H1 2013 was another difficult period for the domestic crystalline glucose industry, which was reflected in decreases in the domestic crystalline glucose price and the poor performance of domestic crystalline glucose producers. The gloomy outlook will probably continue in the near future.
Two domestic erythritol producers have contradicting erythritol sales performance in H1 2013
Baolingbao's erythritol sales performance showed poorer performance and Binzhou Sanyuan sales exhibited healthy performance in H1 2013 compared to H1 2012.
Functional oligosaccharide business of three oligosaccharide giants: challenges hidden behind good performance
The seemingly good sales performance of the functional oligosaccharide businesses of Baolingbao, Shandong Longlive and QHT in H1 2013 were actually accompanied by some challenges at the same time.

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

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Monday, September 30, 2013

Find Hot News in Sweeteners China News 1309

Published on the 5th every month, Sweeteners China News is a monthly publication released by CCM. It 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.

Following are headline news of the latest issue of Sweeteners China News:
China Starch: proportion of starch sugar in total revenue continues to increase in H1 2013
According to the 2013 semi-annual report of China Starch, the revenue from its starch sugar's operations continued to increase in H1 2013.
Net profit of JK Sucralose sees sharp increase in H1 2013
JK Sucralose performed well in H1 2013, which was reflected in the increase in its net profit compared with H1 2012.
Luzhou Bio-chem suffers net loss in H1 2013
Luzhou Bio-chem suffered a loss in H1 2013. It was the first time the company registered a net loss since 2010.
Profitability of China's acesulfame-K producers stays at low level
The profitability of China's acesulfame-K producers is at a low level at present and this situation may have no significant change in the near future.
Operating rate of China's starch sugar industry at low level in July -Aug. 2013
The poor performance of the domestic starch sugar industry did not get any better at the beginning of H2 2013, which was reflected in its lower operating rate than that in the same period of 2012.
Baolingbao competes with QHT by implementing low-price strategy on FOS sales
Baolingbao adopted the low-price strategy on its FOS product sales in the last two years, in order to heighten its competitiveness over QHT.
Ex-factory prices of sweeteners in China in August 2013
Ex-factory prices of sweeteners in China in August 2013
Export volume of China's saccharin increases by 3.33% YoY in Jan. -July 2013
According to China Customs, the export volume of China's saccharin increased by 3.33% YoY in Jan. -July of 2013, mainly owing to the increase in the demand from foreign emerging markets and domestic saccharin producers' efforts to explore overseas market.
Shanxi exports more cyclamate though national export volume decreases in Jan. -July 2013
Shanxi Province exported more cyclamate in the first seven months of 2013 compared to in the same period in 2012. Although China's average cyclamate export volume decreased in the same period, the price advantages in Shanxi Province and the support from the local government made the export volume increase of the province possible.
Sucrose revenue of COFCO Tunhe accounts for large proportion while contributes little
Sucrose revenue of COFCO Tunhe accounts for large proportion while contributes little
GLG: revenue of stevia sweetener business witnesses dramatic decrease in Q2 2013
A dramatic revenue decrease of GLG's stevia sweetener business in Q2 2013 resulted in a decrease in the company's total revenue in H1 2013 accompanied by an increase in net loss.
HFCS and corn starch expected to get listed as futures in China
SDIC CGOG Futures Co., Ltd. became a member of CSIA in July 2013, in order to assist DCE to promote the listing of HFCS and corn starch as futures.
Export overview of some sweeteners and raw materials in China, July 2013
Export overview of some sweeteners and raw materials in China in July 2013
Shandong Futaste obtains certificate on low-carbon xylitol
Shandong Futaste obtains certificate on low-carbon xylitol
CSA announces plan to prevent unreasonable expansion of raw sugar processing capacity
CSA announces plan to prevent unreasonable expansion of raw sugar processing capacity
Chenguang Biotech: stevia sweetener project expected to come into use in H2 2013
Chenguang Biotech: stevia sweetener project expected to come into use in H2 2013
Changzhou Guanghui plans to balance production and sales of aspartame in next five years
Changzhou Guanghui plans to balance production and sales of aspartame in next five years
Overall condition of domestic sucrose industry not as good as it seems
The overall condition of the domestic sucrose industry is not as good as it seems in H1 2013 mainly due to the oversupply problem, large temporary purchase volumes versus continuously decreasing prices, and poor performance of domestic sucrose producers.
Zhaoqing Coruscate cooperates with SCUT on research on starch sugar
Zhaoqing Coruscate made a production-teaching-research cooperation on starch sugar with a university from 8 August 2013, in order to improve its competitiveness. Similar cooperations between companies and universities may further increase.

Monday, September 16, 2013

Find Hot News in Sweeteners China News 1308

Following are headline news of the latest issue of Sweeteners China News:
Luzhou Bio-Chem establishs new subsidiary in July 2013
Luzhou Bio-Chem establishs new subsidiary in July 2013
QHT obtains another letter patent in July 2013
QHT obtains another letter patent in July 2013
Ex-works price of HFCS in China shows downtrend in H1 2013
The ex-works price of China's HFCS showed a downtrend in H1 2013, which can be attributed to both the serious oversupply and the falling price of sucrose in China.
Ex-factory prices of sweeteners in China in July 2013
Ex-factory prices of sweeteners in China in July 2013
Export business can not help solve oversupply of China's corn starch
It is predicted that the domestic corn starch producers can not solve the oversupply problem through export business, and that the concentration ratio of the domestic corn starch industry thereof may continue to increase in the near future.
Anhui Jinhe: revenue of acesulfame-K continues to decrease in H1 2013
The acesulfame-K revenue of Anhui Jinhe continued to decrease in H1 2013, which was quite different from the company's expectations.
Opinion solicitation for Approved Feed Additives (2013) conducted
Opinion solicitation for Approved Feed Additives (2013) was made by the Ministry of Agriculture in July 2013, according to which application ranges of some functional oligosaccharides would be expanded and some would be included as feed additives.
Changzhou Niutang: export volume of aspartame up while that of sucralose down in Jan. -May 2013
The export volume of aspartame of Changzhou Niutang increased in the first five months of 2013 compared with the same period in 2012, while the export of its sucralose showed a downturn.
Two domestic GOS producers witness steady growth in 2011-2013
The only two GOS producers in China witnessed a steady growth in recent three years. But both of them face few challenges presently.
China's erythritol industry: facing more challenges than opportunities at present
It is believed that the domestic erythritol industry is facing more challenges than opportunities at present.
Export overview of some sweeteners and raw materials in China, June 2013
Export overview of some sweeteners and raw materials in China, June 2013
Both import and export volumes of sucrose in China decline in H1 2013
Both import and export volumes of sucrose in China decline in H1 2013
Baolingbao acquires two letters patent
Baolingbao announced on July 15, 2013 that it acquired two letters patent on isomaltooligosaccharide and starch sugar.
Opinion solicitation for approving MOS as a new food material ongoing
Opinion solicitation for approving MOS as a new food material ongoing
Baolingbao predicts net profit decrease in H1 2013
Baolingbao predicts net profit decrease in H1 2013
Output of dried stevia leaves in China decreases in 2010-2012
Total output of dried stevia leaves in China decreased by about 72% from over 73,000 tonnes in 2010 to about 20,000 tonnes in 2012.
Xylitol producers in China mainly export crystalline products
The export volume of crystalline xylitol was far more than that of syrup xylitol in China in the first four months of 2013.
Export volume of China's sorbitol: crystalline down while syrup up
According to the China Customs, it is shown that export volume of China's crystalline sorbitol decreased in Jan. - April, 2013 while the situation of China's syrup sorbitol was reverse.
Capacity of raw sugar processing projects in China becoming larger
High-capacity raw sugar processing projects in China will likely to impact on the domestic sucrose market.

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

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Tuesday, August 20, 2013

Find Hot News in Sweeteners China News 1308

Following are headline news of the latest issue of Sweeteners China News:
Luzhou Bio-Chem establishs new subsidiary in July 2013
Luzhou Bio-Chem establishs new subsidiary in July 2013
QHT obtains another letter patent in July 2013
QHT obtains another letter patent in July 2013
Ex-works price of HFCS in China shows downtrend in H1 2013
The ex-works price of China's HFCS showed a downtrend in H1 2013, which can be attributed to both the serious oversupply and the falling price of sucrose in China.
Ex-factory prices of sweeteners in China in July 2013
Ex-factory prices of sweeteners in China in July 2013
Export business can not help solve oversupply of China's corn starch
It is predicted that the domestic corn starch producers can not solve the oversupply problem through export business, and that the concentration ratio of the domestic corn starch industry thereof may continue to increase in the near future.
Anhui Jinhe: revenue of acesulfame-K continues to decrease in H1 2013
The acesulfame-K revenue of Anhui Jinhe continued to decrease in H1 2013, which was quite different from the company's expectations.
Opinion solicitation for Approved Feed Additives (2013) conducted
Opinion solicitation for Approved Feed Additives (2013) was made by the Ministry of Agriculture in July 2013, according to which application ranges of some functional oligosaccharides would be expanded and some would be included as feed additives.
Changzhou Niutang: export volume of aspartame up while that of sucralose down in Jan. -May 2013
The export volume of aspartame of Changzhou Niutang increased in the first five months of 2013 compared with the same period in 2012, while the export of its sucralose showed a downturn.
Two domestic GOS producers witness steady growth in 2011-2013
The only two GOS producers in China witnessed a steady growth in recent three years. But both of them face few challenges presently.
China's erythritol industry: facing more challenges than opportunities at present
It is believed that the domestic erythritol industry is facing more challenges than opportunities at present.
Export overview of some sweeteners and raw materials in China, June 2013
Export overview of some sweeteners and raw materials in China, June 2013
Both import and export volumes of sucrose in China decline in H1 2013
Both import and export volumes of sucrose in China decline in H1 2013
Baolingbao acquires two letters patent
Baolingbao announced on July 15, 2013 that it acquired two letters patent on isomaltooligosaccharide and starch sugar.
Opinion solicitation for approving MOS as a new food material ongoing
Opinion solicitation for approving MOS as a new food material ongoing
Baolingbao predicts net profit decrease in H1 2013
Baolingbao predicts net profit decrease in H1 2013
Output of dried stevia leaves in China decreases in 2010-2012
Total output of dried stevia leaves in China decreased by about 72% from over 73,000 tonnes in 2010 to about 20,000 tonnes in 2012.
Xylitol producers in China mainly export crystalline products
The export volume of crystalline xylitol was far more than that of syrup xylitol in China in the first four months of 2013.
Export volume of China's sorbitol: crystalline down while syrup up
According to the China Customs, it is shown that export volume of China's crystalline sorbitol decreased in Jan. - April, 2013 while the situation of China's syrup sorbitol was reverse.
Capacity of raw sugar processing projects in China becoming larger
High-capacity raw sugar processing projects in China will likely to impact on the domestic sucrose market.

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

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Monday, August 19, 2013

Changzhou Niutang: export volume of aspartame up while that of sucralose down in Jan. -May 2013

Changzhou Niutang Chemical Plant Co., Ltd. (Changzhou Niutang), a main sucralose and aspartame producer in China, experienced conflicting performance on its export business of aspartame and sucralose in Jan. -May of 2013. According to China Customs, the export volume of aspartame of the company increased by 8% YoY to about 1,900 tonnes in the first five months of 2013, while its export volume of sucralose decreased by 9% YoY to 105 tonnes in the same period, according to CCM’s latest issue, Sweeteners China News 1308.

However, the export of both aspartame and sucralose was healthy in the first five months of 2013, especially sucralose. The export volume of China's aspartame was over 5,800 tonnes in Jan. May of 2013, with a YoY up of 2.5%. And the export volume of China's sucralose was over 710 tonnes in the same period, increasing by 27% YoY. It is estimated that the difference in demand between China's aspartame and China's sucralose is the most important reason for different performance of export business of aspartame and sucralose of Changzhou Niutang in the first five months of 2013. 

China's aspartame industry has begun to enter a relatively stable period of development, which provides an opportunity for Changzhou Niutang to experience a stable development. After several years of development, two leading aspartame producers in China, named Jiangsu Sinosweet Co., Ltd. (Jiangsu Sinosweet) and Changzhou Niutang, has high market shares not only in the domestic market but also in overseas markets. For example, the aspartame output of these two producers accounted for over 60% of the total domestic output in 2012 and their export volume of aspartame accounted for as high as 68% in the first five months of 2013. Meanwhile, because of the stable development of China's aspartame industry, investment enthusiasm on this industry was not high in the last two years. Thus, there was only a few new entrants in the last two years, which means Changzhou Niutang faced lesser pressure from new entrants. Based on these, though the demand of aspartame from overseas markets didn't increase sharply in Jan. May of 2013, Changzhou Niutang experienced a good performance on its aspartame export business.

Unfortunately, unlike in domestic aspartame industry, Changzhou Niutang has faced intenser competition in the domestic sucralose industry. Due to the good prospect and high gross margin profit of sucralose, many enterprises are still trying to get a share of the domestic sucralose industry even though the industry is facing overcapacity issues (Please refer to Sweeteners China News Vol.3 July Issue, p4, Overheating investment in domestic sucralose industry should be noticed). As a result, the competition on China's sucralose export grows intenser than China's aspartame export. According to China Customs there are 14 sucralose producers that export their products, while the number was just 7 in China's aspartame export. It is believed that the development of new sucralose entrants in China impacted on export business of Changzhou Niutang. For example, the export volume of Jiangsu Jubang Pharmaceutical Co., Ltd. (Jiangsu Jubang) and Jiangxi Bentian Food Technology Co., Ltd. (Jiangxi Bentian) and Hubei Yitai Pharmaceutical Co., Ltd. (Hubei Yitai), the three new sucralose entrants in China that appeared in recent two years, increased sharply to over 65,000 tonnes, over 27,000 tonnes and over 26,000 tonnes, with a YoY up of 466%, 308% and 436% respectively.
 
In addition, it is also estimated that the sucralose of Changzhou Niutang is less popular in overseas markets compared with the one of JK Sucralose Inc.'s (Note: JK Sucralose, the export volume of sucralose of JK Sucralose and Changzhou Niutang ranked top two in China's sucralose industry), which may be another important reason for the poor performance of sucralose export of Changzhou Niutang in the first five months of 2013. Despite the same challenge from new sucralose entrants in China, the export volume of sucralose of JK Sucralose continued to show an uptrend, from 207 tonnes in Jan. -May of 2012 to over 270 tonnes in the same period of 2013.

In 2012, Changzhou Niutang enjoyed good performance thanks to the excellent performance of its aspartame and sucralose (Please refer to Sweeteners China News Vol.3 January Issue, p9, Changzhou Niutang enjoys good performance in 2012). However, the poor performance of sucralose in the first five months of 2013 should draw the company's attention. It is necessary for the domestic sucralose industry to take advantage of the growing overseas demand to develop and survive in the future. As a leading sucralose and aspartame producers in China, Changzhou Niutang has the ability to enjoy more market shares of sucralose and aspartame in the world.

Table Contents of Sweeteners China News 1308:
Baolingbao predicts net profit decrease in H1 2013
Opinion solicitation for approving MOS as a new food material ongoing
Both import and export volumes of sucrose in China decline in H1 2013
QHT obtains another letter patent in July 2013
Luzhou Bio-Chem establishs new subsidiary in July 2013
China's erythritol industry: facing more challenges than opportunities at present
Two domestic GOS producers witness steady growth in 2011-2013
Opinion solicitation for Approved Feed Additives (2013) conducted
Baolingbao acquires two letters patent  
Changzhou Niutang: export volume of aspartame up while that of sucralose down in Jan. -May 2013
Anhui Jinhe: revenue of acesulfame-K continues to decrease in H1 2013
Output of dried stevia leaves in China decreases in 2010-2012
Export business can not help solve oversupply of China's corn starch
Export overview of some sweeteners and raw materials in China, June 2013
Export volume of China's sorbitol: crystalline down while syrup up
Xylitol producers in China mainly export crystalline products 
Capacity of raw sugar processing projects in China becoming larger
Ex-factory prices of sweeteners in China in July 2013 
Ex-works price of HFCS in China shows downtrend in H1 2013 

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.

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

Tuesday, January 29, 2013

Import volume and price of L-phe decrease in Oct. 2012


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
China's output and consumption of sugar alcohols show uptrend in 2008-2012
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
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