Steady Growth of Sugar Alcohol Price in China

As the deep processed products widely used in pharmacy and food industries, sugar alcohols are more and more popular, especially VC and sugar-free chewing gum industries. The demand for sugar alcohols in the domestic market has been growing fast, driving up market prices of sugar alcohols over the past 10 years.

Sharing some similar features with sugar and having good thermostability, sugar alcohol products are increasingly popular in food and health care products industry. In China, there are five major types of sugar alcohols: sorbitol, mannitol, erythritol, xylitol and maltitol. With the steady growth of sugar alcohols’ prices, then in 2012-2013, domestic market prices of sugar alcohols tended to be stable overall; however, the market prices of some sugar alcohol products even declined due to the oversupply and the weak demand.

To clearly describe the prices of sugar alcohols in China in 2013 and give readers some constructive opinions, CCM has obtained lots of information with diverse methods to compile a full report, Sugar Alcohol Price in China, about the prices analysis of sugar alcohols in the following aspects:

-       Overview of sugar alcohol industry in China

-       Price of sugar alcohols in China in 2013 (by month)

-       Price trend of sugar alcohol industry

-       Price analysis of sugar alcohol industry

-       Influencing factors and price forecast in 2014

All of these sugar alcohols can be used as food additives in varieties of foods along with the emergence of the concept of sugar-free or low-sugar. Besides, rising awareness of healthy diet pushes up consumption of sugar alcohols in food industry greatly over the past years. Consumption of sugar alcohols in food industry is estimated to remain at a high level.

What are the factors influencing the price trends of sugar alcohols? How is the price change of sugar alcohols by month in China in 2013? What are the opportunities in China’s sugar alcohol industry? CCM will give you more detail and useful information in this report. For all of it, please visit: http://www.cnchemicals.com/Product/Report/2382/Sugar-Alcohol-Price-in-China-Edition(1)

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.

Contact:

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Find Hot News in Sweeteners China News 1401

Published on the 5^th 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:

CNRIFFI's stachyose (P80) rated as "national key new product"

CNRIFFI's stachyose (P80) rated as "national key new product"

Ex-factory prices of sweeteners in China in December 2013

Ex-factory prices of sweeteners in China in December 2013

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

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

China's cyclamate export: volume drop in Jan.-Nov. 2013

According to China Customs, the export volume of China's cyclamate witnessed a decrease in Jan.-Nov. 2013 over the same period of 2012, probably because of the continuous increase in its export price and the stable demand from overseas markets.

Shandong Longlive opens online flagship shop at Tmall

Shandong Longlive opened an online flagship shop at tmall.com in Dec. 2013, seeking to boost the sales of its end products.

Shandong Futaste became the first GMP (2010 edition)-certified producer of xylitol in China

Shandong Futaste became the first GMP (2010 edition)-certified xylitol producer in China on 20 Nov. 2013. As China's xylitol market is becoming saturated, and domestic competition has been increasingly intense in recent years, Shandong Futaste will be more flexibly benefited from this GMP certification.

China's saccharin: combined export volume of domestic designated producers decreases in Jan.-Oct. 2013

According to China Customs and CSA, the combined export volume of saccharin of domestic designated saccharin producers witnessed a obvious decrease in Jan.-Oct. 2013, while the national export volume of saccharin showed a slight increase in the same period.

Expiration of patent protection for neotame in 2013 boosts neotame production in China

The expiration of US companies' patent protection for neotame would boost the production of neotame in China and also accelerate neotame's replacement for aspartame, especially in view of its obvious advantages like higher sweetness and safety.

Low sucrose price in 2013 causes contrasting net profit growth between two FOS producers

The low sucrose price in 2013 resulted in contrasting growth of the net profits of two major FOS producers, namely QHT and Baolingbao. QHT's net profit was predicted to have increased in 2013 over 2012, while Baolingbao predicted a decline in its net profit for 2013.

First-phase of Guangdong L&P's sucralose project completed in Dec. 2013

The construction of the first phase of Guangdong L&P's sucralose project, which has a production capacity of 300t/a, was completed in Dec. 2013. However, the company will find it difficult to make full use of its expanded capacity in 2014.

China's HFCS: sucrose price becomes more decisive factor for profit margin decrease in 2013

In 2013, China's HFCS producers have been caught in similar declines in profit margins as in 2012. However, the decrease of sucrose price seemed to be a more decisive factor for the declines in 2013 while the uptrend of corn prices and demand slowdown from downstream fields for the declines in 2012. Moreover, the influence of sucrose price on China's HFCS producers will continue in 2014.

Domestic starch sugar producers shift sales focus to export in 2013

Due to their poor performance in the domestic market, starch sugar producers in China shift the focus of starch sugar sales to starch sugar export in 2013. It is predicted that such a shift will continue in the domestic starch sugar industry in 2014.

Gross profit of Shandong crystalline glucose producers rebounds in Dec. 2013

The gross profit of crystalline glucose in Shandong witnessed a sharp increase in Dec. 2013 after a drop in Nov. 2013, which can be largely attributed to the increase of the demand from domestic downstream industries and the decrease of Shandong producers' corn purchase prices in this month.

QHT cooperates with GDHA on requirement of doctors and patients for microecological health

QHT cooperates with GDHA on requirement of doctors and patients for microecological health

National standard of feed sweeteners passes expert examination

National standard of feed sweeteners passes expert examination

Chenguang Biotech obtains patent certificate for stevia in Nov. 2013

Chenguang Biotech announced a patent certificate for stevia in Nov. 2013

Shandong Longlive's technology center rated state-level

Shandong Longlive's technology center rated state-level

Sucrose price in China continues to drop since Nov. 2013

China's sucrose price continues to drop since Nov. 2013, owing to the oversupply caused mainly by the inrush of low-priced imported sucrose and the current weak domestic demand.

China's sweetener industry annual overview 2013

China's sweetener industry annual overview 2013

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

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

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Find Hot News in Sweeteners China News 1312

Following are headline news of the latest issue of Sweeteners China News:

Gross profit for China's HFCS producers decreases sharply in Sept. -Oct. 2013

Gross profit for China's HFCS producers decreased sharply in Sept. -Oct. 2013, and it is predicted to continue to be low in the next several months.

Layn awarded as Famous Export Brand in Guangxi

Layn awarded as Famous Export Brand in Guangxi

Ex-factory prices of sweeteners in China in November 2013

Ex-factory prices of sweeteners in China in November 2013

MOS officially approved to be new food material

MOS officially approved to be new food material

Import volume of sucrose in China exceeds 700,000 tonnes in Oct. 2013

Import volume of sucrose in China exceeds 700,000 tonnes in Oct. 2013

Shandong Longlive to invest in 200,000t/a straw utilization project

Shandong Longlive to invest in 200,000t/a straw utilization project

Export volume of China's maltitol decreases by 15% YoY in Jan. -Aug. 2013

Export volume of China's maltitol decreased by 15% YoY to about 11,000 tonnes in Jan. -Aug. 2013, and the export volume of China's syrup maltitol and China's crystalline maltitol showed different trend in the same period. It is estimated that different export situation of these two types of maltitol has different influences on their ex-factory prices in China.

2013/2014 minimum sugarcane purchase price in Guangxi decreased

The government of Guangxi further decreased the 2013/2014 minimum sugarcane purchase price in Guangxi. It is predicted that the decrease in the minimum sugarcane purchase prices in other sugarcane growing regions will be a foregone conclusion in 2013/2014.

China's acesulfame-K exports: volume up while price down in Q1-Q3 2013

According to the China Customs, export volume of China's acesulfame-K witnessed an increase in the first three quarters of 2013, up 12% YoY, while its average export price declined by 17% YoY.

Q1-Q3 import volume of L-phe sees continuous decrease in 2011-2013

According to China Customs, the import volume of L-phe decreased by 27.7% in Q1-Q3 2013, compared with that in Q1-Q3 2011.

Operating rate for China's corn starch industry decreases a little in Nov. 2013

Operating rate for China's corn starch industry decreased a little in Nov. 2013 compared with that in Oct. 2013, due to weak demand from domestic downstream industries and gross loss of corn starch in China.

Import volume of liquorice witnesses sharp increase in June-Sept. 2013

Import volume of liquorice in China witnessed a sharp increase in June-Sept. of 2013, compared with its low YoY growth rate in the first five months of 2013. Meanwhile, large increase of the import liquorice price in the first three quarters of 2013 had limited negative effects on profits of domestic glycyrrhizin producers in 2013.

Focus of Shandong Longlive's XOS sales likely turn to overseas markets

Research results released by Shandong Longlive show that XOS stimulates the growth of bifidobacterium, and that XOS may be good for treatment for some diseases. The research results are predicted to have a positive effect on the popularity of XOS in the overseas markets, providing an opportunity for Shandong Longlive to explore overseas markets.

NDRC approves BBCA building corn processing plant in Brazil

NDRC has approved BBCA group's project on the establishment of a corn processing plant with a total corn processing capacity of 600,000t/a in Brazil. Strict management of Chinese government over domestic corn processing industry and high corn prices in China may encourage domestic enterprises' investments in corn processing projects in overseas countries in the future.

China loosening one-child policy may bring opportunity for domestic FOS and GOS industries

China announced that it would allow couples to have a second child if either parent is an only child, which may present an opportunity for the development of domestic FOS and GOS industries in the future. At the same time, some existing uncertain factors may become obstacles.

China's stevia sweetener industry in 2013-an overview

The year 2013 is still a difficult time for the domestic stevia sweetener industry, which is reflected from the high inventories of stevia sweetener, continuous decrease in prices of China's domestically produced stevia sweetener and huge net losses for domestic stevia sweetener producers.

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

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

Baolingbao's project on functional biological ingredients engineering lab obtains approval from NDRC

Baolingbao's project on functional biological ingredients engineering lab obtains approval from NDRC

Soybean product industry: next key field that China's functional oligosaccharide producers may enter

In view of functional oligosaccharide producers setting foot in new downstream industries and the good development prospect of domestic soybean product industry, the soybean product industry may become the next key field which China's functional oligosaccharide producers will enter. However, some negative factors in this industry may weaken those producers' enthusiasm. 

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

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Focus of Shandong Longlive's XOS sales may turn to overseas markets

On 19 Nov. 2013, Shandong Longlive Bio-technology Co., Ltd. (Shandong Longlive), the largest xylo-oligosaccharide (XOS) producer in China whose total XOS capacity is 4,000t/a, released the research results on XOS that the product can stimulate the growth of bifidobacterium, which may be good for treatment for some diseases. Specifically, according to Shandong Longlive, in order to explore the US market, the company has entrusted David Geffen School of Medicine at University of California-Los Angeles (the School) to testify the function and security of XOS for human being, and the project started in H2 2011, according to Sweeteners China News issued by CCM in November.

According to the research results, XOS is not absorbed by human body, and it is also not a kind of human nutrition. The function of XOS for human body lies in its positive effect on human's intestinal flora—XOS stimulates the growth of bifidobacterium. The research results revealed that XOS has the potential treatment function on degeneracy autism. The experimental study of the School has proved that the quantity of bifidobacterium of children diagnosed with autism is less than that of normal children, which means XOS may perform a treatment function as it stimulates the growth of bifidobacterium. In addition, the research results also showed that XOS may have a positive effect on treatment for some diseases in which intestinal bacteria are involved, such as metabolic syndrome, schizophrenia and Alzheimer's disease. According to Shandong Longlive, it is estimated that 20%-30% of the population in developed countries are suffering from the diseases mentioned above. Therefore the unique function of XOS may stimulate those sufferers' consumption of the product.

Shandong Longlive expressed that the purpose for the research on XOS' function is to explore the overseas markets, especially the US market. And the positive research results provide such an opportunity. It is believed that the company will shift the focus of its XOS sales strategy from the domestic market to the overseas markets.

 

In fact, almost all of Shandong Longlive's XOS is sold domestically all the time. However, compared with other functional oligosaccharides, such as fructo-oligosaccharide (FOS) and galacto-oligosaccharide (GOS), the consumption of XOS in China increased quite slowly in recent years, due to its small serving size in downstream products and its low popularity among the Chinese public. For example, according to Shandong Longlive, the sales volume of its XOS increased from 3,108 tonnes in 2009 to 3,532 tonnes in 2012. However, increases in the sales volumes of FOS and GOS are way more significant. According to Quantum Hi-Tech (China) Biological Co., Ltd. (QHT), a leading FOS and GOS producer in China, its sales volume of FOS increased by over 1,300 tonnes to 10,259 tonnes in 2012 from 2009, and the sales volume of its GOS even increased to 1,234 tonnes from just 94 tonnes in 2009.

 

Although FOS is currently the main functional oligosaccharide consumed in developed countries, its efficacy is not as good as that of XOS according to Shandong Longlive. Besides, the public's health consciousness in developed countries, such as the US, are higher than in China, which hints that products with health care function will be more popular in these countries. The research results offer more detailed data and authoritative conclusion for the company to enhance the competitiveness of its XOS, as well as attract the public's consumption.

 

For Shandong Longlive, high health consciousness of citizens in developed countries means more sales opportunities. Its large investment in the research was aimed at the entrance in markets of developed countries. The research results are more favorable to the company's XOS sales to developed countries than to China. Under the current situation in China, including low health consciousness of the public and low consumption growth of XOS, it is easier to explore markets in developed countries than China's. Moreover, the new XOS production project of Shandong Longlive with a capacity of 6,000t/a is predicted to go into operation in Q1 2014, which indicates that the company should consider how to digest its huge production capacity of the product. Based on the reasons above, it is obviously wise for Shandong Longlive to focus more on overseas markets than to the domestic market.

Table of Contents of Sweeteners China News 1312

Gross profit for China's HFCS producers decreases sharply in Sept. -Oct. 2013

Layn awarded as Famous Export Brand in Guangxi

Ex-factory prices of sweeteners in China in November 2013

MOS officially approved to be new food material

Import volume of sucrose in China exceeds 700,000 tonnes in Oct. 2013

Shandong Longlive to invest in 200,000t/a straw utilization project

Export volume of China's maltitol decreases by 15% YoY in Jan. -Aug. 2013

2013/2014 minimum sugarcane purchase price in Guangxi decreased

China's acesulfame-K exports: volume up while price down in Q1-Q3 2013

Q1-Q3 import volume of L-phe sees continuous decrease in 2011-2013

Operating rate for China's corn starch industry decreases a little in Nov. 2013

Import volume of liquorice witnesses sharp increase in June-Sept. 2013

Focus of Shandong Longlive's XOS sales likely turn to overseas markets

NDRC approves BBCA building corn processing plant in Brazil

China loosening one-child policy may bring opportunity for domestic FOS and GOS industries

China's stevia sweetener industry in 2013-an overview

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

Baolingbao's project on functional biological ingredients engineering lab obtains approval from NDRC

Soybean product industry: next key field that China's functional oligosaccharide producers may enter

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 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

Find Hot News in Sweeteners China News 1208

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

Domestic stevia sweetener market may develop slowly in future

Domestic stevia sweetener market developed slowly during past years, and this trend may remain in the near future.

Chinese cyclamate enjoys good development abroad

Chinese cyclamate enjoyed a good development abroad in H1 2012, which can be tracked from the increased export volume and the stable export price.

National policies have great influence on sweetener enterprises

In last two months, the Chinese government released several policies on food safety construction to strengthen the supervision on food safety, and it is a good time for sweetener enterprises to take advantage of these policies to develop themselves.

Opportunities and challenges coexist in Chinese maltose syrup industry

In H2 2012, opportunities and challenges will coexist in Chinese maltose syrup industry.

Guangdong L&P's sucralose expansion project enters construction bidding phase

In July 2012, Guangdong L&P officially published the tender notice about the civil engineering construction of the first phase of its sucralose expansion project, suggesting that the company has already planned to expand its production capacity of sucralose.

Shandong Huayi puts crystalline glucose production lines into production

Shandong Huayi puts its crystalline glucose production lines with total capacity of 380,000t/a into pilot production in July 2012.

Anhui Jinhe's new acesulfame-K project seems unpromising

Anhui Jinhe formally put a new acesulfame-K production line into production in July 2012; however, some insiders of acesulfame-K have a negative outlook about this project.

Profit of Baolingbao grows in H1 2012

Baolingbao's revenue and net profit have increased by 6.11% and 18.10% respectively in H1 2012 over H1 2011.

China's corn starch performs poorly in H1 2012

China's corn starch witnessed a poorer performance in H1 2012 than that in H1 2011, due to increased price of raw material and weak demand.

Ex-factory prices of Chinese sweeteners in July 2012

Ex-factory prices of Chinese sweeteners in July 2012

Domestic price of aspartame suffers decrease in H1 2012

Domestic market price of aspartame witnessed a downtrend in H1 2012 and it's estimated that the price may remain the decrease with a small range in H2 2012.

Domestic prices of three key sugar alcohols will increase in H2 2012

Domestic prices of three key sugar alcohols, including maltitol, xylitol and sorbitol, are expected to increase in H2 2012.

Export overview of some sweeteners and raw materials in China, June 2012

Export overview of some sweeteners and raw materials in China, June 2012

Export volume of sucralose rises 180% in Jan.-May 2012

Export volume of domestic sucralose reached about 565 tonnes in Jan.-May 2012, increasing by about 180% over the same period of 2011.

Yucheng City awarded as China Nutrition and Health Industry City

Yucheng City is awarded as China Nutrition and Health Industry City.

Xinghua Green to launch solution about no after taste of stevia sweetener(RA98)

Xinghua Green is to launch solution about no after taste of stevia sweetener(RA98).

QHT formally changes its company name

QHT has formally changeed its company name.

Application for issuing corporate bonds of Nanning Sugar approved

Application for issuing corporate bonds of Nanning Sugar is approved.

JK Sucralose continues market expansion through IFT Food Expo 2012

JK Sucralose continues market expansion through IFT Food Expo 2012.

Layn's operating profit loss reaches about USD3.2 million in H1 2012

Layn's operating profit loss reaches about USD3.2 million in H1 2012.

About CCM International

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.

Contact

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968