ReleaseWire Connect

With the expected continuing high-speed economic growth, there are great opportunities for the advancement of China’s amines industry in next five years, according to CCM’s report Survey of Amines in China.

The first issue of Sweeteners China News newly released by CCM, came out in June 2011. It reveals that China's sucralose industry will continue to develop in the next few years.

According to CCM’s June Issue of Herbicides China News, it is reported that with aggressive behavior and effort, in the first quarter of 2011, Jiangsu Changqing Agrochemical Co., Ltd. (Jiangsu Changqing) still kept smooth development after three consecutive years of growth in performance (2008-2010). Based on Jiangsu Changqing's report, its net profit and revenue increased by 13.17% and 25.61% year on year to USD4.58 million and USD35.5 million respectively in the first quarter of 2011. (Please refer to Herbicides China News 1104 for Jiangsu Changqing's 2010 performance.)

Hosted by Beijing Seed Fair, the leading seed trade fair in China has a history of 18 years, and the workshop is co-hosted by CCM, a professional consulting company with 3-year crop protection summit organization experience.

According to CCM’s June Issue Glyphsoate China Monthly Report, Brazil announced the anti-dumping mid-term review investigation on Chinese glyphosate on May 19, 2011, but it seems that the action hasn't evoked much concern in Chinese glyphosate industry, unlike the glyphosate market fluctuation resulted from Albaugh's dumping petition in April 2010.

It is reported that Ministry of Health of the People's Public of China published new Standards for uses of Food Additives (GB2760-2011) in April 2011, which will take effect from 20 June 2011. Compared with its previous edition Hygienic Standards for uses of Food Additives (GB2760-2007) taking effect from 1 June 2008, there's not much change regarding some corn products which can be used as food additives in GB2760-2011, like citric acid, xanthan gum, lactic acid; thus it's believed that GB2760-2011 will affect corn product industry little, according to CCM’s June Issue of Corn Products China News.

High intensity sweetener (HIS) industry has enjoyed a good development in the past years, and it is estimated that the trend will continue in the next 3-5 years in China and Asia Pacific Area (AP) as most respondents believed, according to the June issue of Sweeteners China News released by CCM.

With technology improvement, production of white biotechnology products has been increased greatly. It is estimated that more WB products will pop up in the future in China.

CCM - In May, the profit of insecticide manufacturers in China is further squeezed by the increasing production cost of insecticides and relatively stable market prices of most insecticides. Production cost of various insecticides has kept increasing this year, while most insecticides' market prices remain relatively stable at present, which directly drags down the profitability of domestic insecticide manufacturers.

CCM - In the 2011 Market & Technology Forum for China Glyphosate Industry held in Leshan City, Sichuan Province during April 21~22, 2011, Cheng Hongshan, market researcher from CCM International Ltd., who represents the third party researcher, addressed a speech titled Risk Assessment Model for Glyphosate Industry and Its Application on Chinese Market (2011) Analysis, which has concluded that Chinese glyphosate industry still faces high risk in 2011, especially in the industry's operating situation.