Showing posts with label export price. Show all posts
Showing posts with label export price. Show all posts

Tuesday, April 10, 2012

Booming Sucralose Market in China

After years of development and experience of the famous 337 patent lawsuit, China has become one of the world's most important production countries of sucralose. In the past few years, China's sucralose production has been expanding rapidly attracted by the world's growing demand, which seems to be immune from the impact of global depression economy.

Many producers expanded their sucralose capacity while several new producers arose. What's more, the future expansion of sucralose production is estimated to be even faster than before. With expanding capacity and increasing number of producers, competition in China's sucralose market is becoming more and more intense. What has happened in China's sucralose market? How is the current competition structure of sucralose in China? Who are China's leading producers? How are the future expansion plans of sucralose in China? What kind of production technology is adopted in China's sucralose producer? How is the technical level and production cost in China's sucralose industry? Which producers have their owned sucralose production technology?

With relatively lower price and improving quality, China's sucralose export volume is growing fast in the past few years, and China's sucralose industry depends heavily on the demand from oversea market which accounts for near 80% of China's total sucralose output in 2011. The top three export destinations of Chinese sucralose are the US, the Netherlands and the UK, which account for over 65% of China's total export volume in 2011. Which country's demand for China's sucralose grows the fastest in the past few years? How does China's export price of sucralose change?

Though the domestic applications of sucralose have not been very wide yet due to relatively high price than other sweeteners and limited popularization by producers, the consumption of sucralose growing fast in China attributed to developing downstream industries and arising conception of healthy low-sugar foods. How do sucralose's downstream industries develop in China? What is the current consumption structure of sucralose in China? What is the trend of sucralose consumption in China?

Besides the aspects mentioned above, what other changes in sucralose industry can be seen from 2010 to 2011? What will be the development trend of sucralose industry in China? You can find the answers in CCM International’s report Production and Market of Sucralose in China.

Highlights of this report are as follows:
- Introduction to capacity and output
- New projects for sucralose production in recent years?
- Production cost of sucralose
- Import and export situation of sucralose in China
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Detailed description on sucralose consumption pattern, market size, application fields
- Forecast on sucralose industry in China by different scenarios
- SWOT analysis of China's sucralose industry and top producers


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.

CCM International Ltd.
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

Thursday, February 23, 2012

Ukraine Has Officially Run Anti-dumping Investigation into China's Citric Acid

On 31 Jan. 2012, the Ministry of Commerce of China published an announcement, according to which, Ukraine's government made a decision on 23 Jan. 2012 that the country would run an anti-dumping investigation into China's citric acid, and it has been officially executed since 27 Jan. 2012. The result of this investigation may come out by Jan. 2013. More importantly, it's worried that Ukraine's anti-dumping investigation may arouse unwanted chain reaction that more and more countries will follow suit, according to CCM International’s February issue of Corn Products China News.

Actually, this is not the first time that Ukraine has run anti-dumping investigations into China's citric acid. In May 2003, Ukraine began to run an anti-dumping investigation into the product, and the final decision published in Mar. 2004 stated that Ukraine would levy anti-dumping duty (it was the price spread between CIF price and the bottom price of USD977/t ruled by Ukraine) on China's citric acid in the next five years. For example, if the CIF price of China's citric acid to Ukraine was USD800/t, the duty would be USD177/t. And the very reason behind the anti-dumping investigation in 2003 was that the selling price of China's citric acid in Ukraine was 42.3% lower than that of home-made one in the East European country from 2000 to 2002, resulting in the 13.6% market share decline of Ukraine's producers.
 
Ukraine's reason for the investigation in 2012 is that it believes from Q4 2010 to Q3 2011, citric acid from China was imported at dumping prices, which could do harm to Ukraine's producers. In fact, according to China Customs, the average export price of China's citric acid was only USD786/t in 2010, much lower than the bottom price of USD977/t. Although from Mar. to June 2011, the monthly average export prices all stayed at over USD1,000/t, other monthly prices were still lower than the bottom price.

In the short run, it's believed that Ukraine's new anti-dumping investigation won't bring much negative effect on China's citric acid industry. Up till now, no Chinese producer has definitely revealed appeals yet, because Ukraine is not a key export destination of China's citric acid in recent years. For instance, the export volume of citric acid to Ukraine during the whole year of 2011 was only about 5,082 tonnes, just accounting for 0.73% of the product's total export volume that year.
 
But in the long term, it's worried that the Ukraine's investigation may arouse chain reaction that more and more countries will follow suit. For example, on 16 Jan. 2012, the Ministry of Commerce of China published an article, revealing that Thailand is likely to continue levying anti-dumping duty on China's citric acid with the rate of 38.1% in the next five years. Thailand began to run an anti-dumping investigation into China's citric acid in 2003, and the final decision made in 2004 ruled that Thailand would levy a 38.1% anti-dumping duty on China's citric acid in the next five years. And in Jan. 2011, Thailand decided to continue levying 38.1% anti-dumping duty on the product in question from Jan. 2011 to Jan. 2012 in its sunset review.
 
In 2011, India, Japan, Turkey, Indonesia and Russia were the top 5 export destinations of China's citric acid, whose aggregate import volume of the product reached 177,465 tonnes, accounting for about 25.6% of China's total export volume in the year. At present, these countries haven't taken any anti-dumping or anti-subsidy measures on China's citric acid, but some insiders are still worried that they will follow to run related investigations in the future.

Source: Corn Product China News 1202

Content of Corn Products China News 1202:
Chinese DDGS import volume declines by 46.7% in 2011
Export volume of VB2 witnesses a decline in 2011
Chinese corn products Imp. & Exp. analysis in December 2011
Domestic price of furfural rebounds in 2012
Corn starch price in China enjoys slight uptrend in Feb. 2012
Ukraine has officially run anti-dumping investigation into China's citric acid
Baolingbao to market IMO end product in H1 2012
Xiwang Sugar witnesses poor performance in Q4 2011
China Starch's expansion plan to be postponed
Northeast Pharmaceutical to lose USD54.0-69.8 million in 2011
Domestic home-made potato starch price heads down in Feb. 2012
11.5%, corn's import volume increases in 2011

Corn Products China News, a monthly publication issued by CCM International on 20th of every month, reveals the driving force of news stories and deeply analyzes the influence of trends and dynamics on domestic and international corn deep processing industry.


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.

CCM International Ltd.
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

Tuesday, February 21, 2012

China’s Defeat on Export Restriction Case not to Hit Yellow Phosphorus

On Jan. 30th, 2012, World Trade Organization (WTO) adjudicated that China's export restriction on nine types of raw materials is illegal. Amongst the nine types of materials in the ruling, yellow phosphorus is included, according to CCM International’s February issue of Phosphorus Industry China Monthly Report.

On the very next day, China's Ministry of Commerce made a response that China set the export rules for protecting resources and maintaining the sustainable development of these resources. After review of this verdict, China declared it will adopt scientific methods to administrate export of these resources in accordance with WTO rules, although it viewed such export restriction legitimately.

In the face of such an arbitrament, some people suggest that China could take several actions to protect native resources. Despite of WTO's ruling, China is still entitled to increase resource tax or environment tax to restrict resource export. Besides, China could raise electricity price and through other methods to drive up the production cost rather than levying tax, which is also in favor of restricting resource export.
 
However, if China adopts the suggestion, it will confront potential inflation resulting from the soaring prices of raw materials. Perhaps further improving the standard on the quality of export commodities is a more effective way to solve the present problem.

Generally speaking, it makes little difference on China's yellow phosphorus export whether China would improve taxes or the standard on exported commodity quality. In 2011, China produced 853,565 tonnes of yellow phosphorus, only 1.8% being exported.

Compared with other prime yellow phosphorus exporters, China's export tax in yellow phosphorus is a bit high indeed. However, even with such a high tax, the average export price of China is still lower than that of the US—another prime exporter of yellow phosphorus in the world.

As is known to all, the export tax of yellow phosphorus in China is ever up to 70% before 2009. Even China levies a 20% export tax on yellow phosphorus at present, its export situation of yellow phosphorus still seems to have a downturn.

However, it is noteworthy that China has been implementing export quota on phosphorus ore and high export tariff on phosphate fertilizer. Different from yellow phosphorus, China and other countries all have strong demand on phosphorus ore and phosphate fertilizer. In view of WTO's ruling on China's nine types of raw materials' export, once loosening the export of these two phosphorus products, it will bring about the outflow of native resources to a larger extent, which is against China's original intention.

Source: Phosphorus Industry China Monthly Report 1202

Content of Phosphorus Industry China Monthly Report 1202:
Phosphorus ore
Global Insight:  Japan accelerates phosphorus resource exploitation overseas   
New Technology:  New process to promote application of low-grade phosphorus  
Indusry Dynamics:  Guizhou phosphorus enterprises lead phosphorus-fluorine integration 
Yellow Phosphorus
Policy & Legislation: China’s defeat on export restriction case not to hit yellow phosphorus  
Industry Dynamics: Tight electricity supply in 2012 to hit yellow phosphorus    
Phosphate fertilizer 
Global Insight:  China ties up with international phosphate fertilizer market 
Industry Dynamics: China’s phosphate fertilizer to develop stably with deep integration during 2012-2015    
Company Dynamics: Sinofert to expand phosphorus chemical business
Fine phosphate Chemical 
Company Dynamics: Sichuan Hebang to start IPO for phosphate chemical projects 
Company Dynamics: Xingwang Group to extend its phosphorus chemical business 
Import & Export
International trade situation of phosphate chemicals in 2011
Price Update 
Price monitor of some phosphate chemicals in January

Phosphorus Industry China Monthly Report, a monthly publication issued by CCM International on 15th of every month, provides you the latest information on company dynamic, industry dynamic, factors impacting the price fluctuation, technology improvement, supply & demand of China's phosphorus industry.

(Guangzhou China, February 16, 2012)
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.
CCM International Ltd.
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