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Follow on Google News | China's cyclamate export: volume drop in Jan.-Nov. 2013According to China Customs, the export volume of China's cyclamate witnessed a decrease in Jan.-Nov. 2013 over the same period of 2012.
By: CCM Information Science & Technology Co., Ltd. The export price increase was one important reason for the export volume decrease of China's cyclamate in Jan.-Nov. 2013. In fact, price advantage is the most useful weapon for cyclamate to compete with other sweeteners. However, RMB appreciated rapidly in 2013. For example, according to the People's Bank of China, the RMB/USD exchange rate was 6.2897 on 4 Jan. 2013, but it decreased to just 6.0969 on 31 Dec. 2013. As a result, the export price of China's cyclamate also increased in the same period. Thus, overseas downstream enterprises had to pay higher price for the same quantity of China's cyclamate, which reduced their import enthusiasm. Meanwhile, China's cyclamate began to face more competitions from other high intensity sweeteners (HIS) in overseas markets, putting pressure on China's cyclamate export. It is reported that downstream enterprises in Argentina, the second largest destination of China's cyclamate exports in 2012, preferred stevia sweetener in 2013. For example, Coca Cola launched its "green cola" containing stevia sweetener. Argentinean downstream enterprises' preference for stevia sweetener could be the reason for the significant YoY decrease in the export volume of China's cyclamate to Argentina in 2013. It is predicted that the total export volume of China's cyclamate will decrease in 2013, and domestic cyclamate producers may have a negative prospect in 2014. Actually, it is estimated that the demand for China's cyclamate from overseas market has been falling in 2013, compared with that in 2012. Data from China Customs showed that only the demand for China's cyclamate from Europe witnessed a slight increase in Jan.-Nov. 2013, while that from other continents declined to varied extents in the same period. At the same time, the appreciation of RMB will not have a significant change in the future, which means China's cyclamate will further lose its price advantage. Based on the above negative factors, domestic cyclamate producers have to plan for their future development. Table of Contents of Sweeteners China News 1401 (http://www.cnchemicals.com/ Shandong Longlive's technology center rated state-level National standard of feed sweeteners passes expert examination QHT cooperates with GDHA on requirement of doctors and patients for microecological health Chenguang Biotech obtains patent certificate for stevia in Nov. 2013 CNRIFFI's stachyose (P80) rated as “national key new product” China's sweetener industry annual overview 2013 Gross profit of Shandong crystalline glucose producers rebounds in Dec. 2013 Domestic starch sugar producers shift sales focus to export in 2013 China's HFCS: sucrose price becomes more decisive factor for profit margin decrease in 2013 Expiration of patent protection for neotame in 2013 boosts neotame production in China First-phase of Guangdong L&P's sucralose project completed in Dec. 2013 Low sucrose price in 2013 causes contrasting net profit growth between two FOS producers Shandong Longlive opens online flagship shop at Tmall Shandong Futaste became the first GMP (2010 edition)-certified producer of xylitol in China China's saccharin: combined export volume of domestic designated producers decreases in Jan.-Oct. 2013 China's cyclamate export: volume drop in Jan.-Nov. 2013 Export overview of some sweeteners and raw materials in China, November 2013 Sucrose price in China continues to drop since Nov. 2013 Ex-factory prices of sweeteners in China in December 2013 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 End
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