China Sweeteners News Market
Market Reports On China
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Summary In April 2016, the listed Chinese sweetener enterprises in succession released their financial reports. Accordingly, enterprises involved in different businesses, sugar, starch sugar and HIS, had different performances. - Sugar making Thanks to the domestic sugar market recovery, some sugar makers finally achieved growths and even made turnarounds. - Starch sugar Impacted by the declines in corn price, corn starch producers recorded decreases in costs. Some producers took full advantage of this opportunity and made improvements in financial performances. Further, some producers expanded the production scales and improved their business layouts nationwide. - HIS: fierce competition AK: Anhui Jinhe, reliant on its cost advantage, successfully increased the shares in the market and expanded its international influence, during Suzhou Hope’s reorganisation
Sucralose: leading enterprise JK Sucralose still suffered losses, due to the continuously falling price, even though it tried to cut down the costs through technological upgrading and promote the sales In 2016, the said 3 segments specifically: - Sugar making: market recovery, along with price rises - Starch sugar: fiercer competition - small enterprises to withdraw from the industry and industry concentration to be improved. This is mainly because the corn purchase and storage policy will be cancelled and the “market-oriented purchase + subsidy� policy will be carried out, to help pull down the corn price and furthermore reduce the production costs - HIS: price war, to compete for market shares
Headline Editor's Note Expert View Sugar prices in China and abroad rise at the same time from mid-April 2016 Governmental Direction Removal of corn purchase for temporary storage policy probably to pull down starch sugar prices in China Market Dynamics World’s sugar cut in drinks beneficial to easing HIS overcapacity in China
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