Research and Markets: Sweeteners China News 1211
Research and Markets (http://www.researchandmarkets.com/research/rtlc2w/sweeteners_china) has announced the addition of the "Sweeteners China News 1211" report to their offering.
In Oct. 2012, some listed sweetener companies in China released their third quarterly reports of 2012. Through analyzing those reports, the authors discovered the functional oligosaccharide industry had a good performance in Q1-Q3. For example, revenue and net profit of QHT in Q3 2012 increased by 59.49% and 7.91% respectively over Q3 2011.
Besides, HFCS will continue to develop well driven by domestic beverage industry in the future. Because beverage producers will use more and more HFCS to replace sucrose in their products and as a large HFCS producer, Baolingbao will benefit from this and predicts that its sales volume of HFCS will increase in 2013.
Furthermore, export price of sucralose may become stable since domestic sucralose manufacturers may begin to stabilize their export prices in the near future to replace the strategy of decreasing export price.
- It is believed that beverage producers will consume more and more HFCS to replace sucrose, which would benefit domestic HFCS industry.
- Trehalose is expected to enjoy a good prospect in China, based on its wide application and capacity expansion.
- Shandong Longlive decided to terminate the investment in its crystalline maltitol project, which may benefit the company from concentrating on its functional sugar business in the future.
- Wanfu Biotechnology admitted that it committed financial fraud in its semi-annual report of H1 2012, and it is predicted that the company will continue to perform poorly in H2 2012.
- Baolingbao's revenue and net profit decreased in Q3 2012. However, it may enjoy good performance in 2013.
- Growth rate of QHT's net profit in Q3 2012 was not as high as that in Q1 and Q2 2012.
- It is estimated that the price of starch sugar will meet a small fluctuation with the estimated decreasing market price of corn and increasing demand for starch sugar in the coming two months.
- The total import tariff quotas of sucrose would remain 1.945 million tonnes in 2013, which may further bring down domestic sucrose price next year, and also bring negative effect to domestic starch sugar producers.
- Because of the low-price sales strategy, it is predicted that Chinese sucralose products are accepted by more foreign downstream producers in 2012, and domestic sucralose manufacturers may begin to stabilize their export prices in near future.
- Quantum Hi-Tech (China) Biological Co., Ltd.
- Shandong Longlive Bio-technology Co., Ltd.
- Baolingbao Biology Co., Ltd.
- Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd.
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