Sweeteners China News 1510 (12 issues per year)

Date: 2015-11

“From October 201 5, China enters the 2015/16 sucrose (cane sugar + beet sugar) extracting season. Due to the further decreased supply of raw material sugarcane, the output of cane sugar will further run short, unable to meet the demand. This is expected to push up the domestic sucrose price. However, the substitute corn starch sugar and the imported sugar (raw sugar + refined sugar), probably will place restrictions on the rise.
In 2015, the purchase price of corn (for temporary storage) in China will be down-regulated by around 11 %. This is expected to pull down the market price of corn largely, beneficial to the corn deep processing businesses such as starch sugar.
On 8 Oct., 2015, Nanning Sugar announced to acquire Yuanfeng Sugar and Yongkai Sugar & Paper’s Daqiao Sugar Plant. This will be favourable for the company to increase the sugarcane resources and to expand the production capacity.
In H2 2015, Guangzhou Shuangqiao’s construction of starch sugar production projects goes well. Guangzhou Shuangqiao is actively deploying the starch sugar market in South China and Central China and will further improve its strategic business layout nationwide.
In October 2015, Guangxi Guitang released the relocation proposal. From this, the company intended to improve the production technology level and optimise the product structure, so as to finally build up a sugar, pulp and paper production base.
In October 2015, GFS signed the Strategic Cooperation Agreement on Luo Han Guo Business with the People’s Government of Longjiang Village (Guangxi Zhuang Autonomous Region). From this, the 2 sides will cooperate in Luo Han Guo related planting technology, to further promote the industry healthy development. This also marks a significant step for GFS to ensure the supply of Luo Han Guo.
In October 2015, Wanfu Biotechnology signed to transfer its 100% of shares in a grains & oils subsidiary. This marks a significant step for the company to adjust the assets structure, from which it probably will withdraw from the starch sugar market and will fight in the organic agricultural business.
In October 2015, NFBC noted the plan to construct an oligosaccharide plant in the Yunfu Health Medicine Industrial Park. As a company dedicated to the production of oligosaccharides such as GOS, NFBC is positive about the future market.
During January-August, 2015, China’s cyclamate export structure, influenced by the EU’s anti-dumping investigation, was changed: Golden Time Chemical reduced the exports whilst Fang Da Yangquan and Xuchang Ruida increased. As the EU is a major destination for China’s cyclamate, the changes in China’s export structure will be based on the results from its anti-dumping investigations.
During January-August 2015, China’s exports of sorbitol decreased largely, mainly because the sales to Southeast Asia were unsatisfactory. It is expected that this declining trend will continue in the whole 2015.”

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