Sorbitol China News 202212
Welcome to the Aug. issue of Sorbitol China News
Concerning the downstream sectors, GPHL unveiled its plans to get into the toothpaste industry; Northeast Pharm's vitamin C capacity
has increased greatly since 2023.
There are project updates: Huakang Pharma talked about its '2 million t/a corn deep-processing health food ingredients project'; the NHU
Biofermentation Industrial Park project of Heilongjiang NHU moves forward with the completion of sorbitol, glucose, starch slurry and
gluconic acid production lines
In terms of policy, the Management Committee of Jilin Baicheng Industrial Park revealed the draft Industrial Planning of Jilin Baicheng
Chemical Industrial Park (2020–2035). One of the key projects in the chemical park is the '10,000 t/a isosorbide project'.
In the export market, in May 2023, China exported 19,859.05 tonnes of sorbitol to 68 countries and regions, amounting to USD16,925,607.
In the first six months of 2023, a total of 115,348.30 tonnes of sorbitol valued at USD100,233,295 was exported to 96 countries and
regions.
In this monthly report, the USD/CNY exchange rate is USD1.00=CNY7.1283 (Source: The People's Bank of China, 1 Aug., 2023). Unless
otherwise stated, all prices involved in this report include VAT.
Concerning the downstream sectors, GPHL unveiled its plans to get into the toothpaste industry; Northeast Pharm's vitamin C capacity
has increased greatly since 2023.
There are project updates: Huakang Pharma talked about its '2 million t/a corn deep-processing health food ingredients project'; the NHU
Biofermentation Industrial Park project of Heilongjiang NHU moves forward with the completion of sorbitol, glucose, starch slurry and
gluconic acid production lines
In terms of policy, the Management Committee of Jilin Baicheng Industrial Park revealed the draft Industrial Planning of Jilin Baicheng
Chemical Industrial Park (2020–2035). One of the key projects in the chemical park is the '10,000 t/a isosorbide project'.
In the export market, in May 2023, China exported 19,859.05 tonnes of sorbitol to 68 countries and regions, amounting to USD16,925,607.
In the first six months of 2023, a total of 115,348.30 tonnes of sorbitol valued at USD100,233,295 was exported to 96 countries and
regions.
In this monthly report, the USD/CNY exchange rate is USD1.00=CNY7.1283 (Source: The People's Bank of China, 1 Aug., 2023). Unless
otherwise stated, all prices involved in this report include VAT.
Headline
Editor's Note
Market Dynamics
GPHL lays out plans to step into toothpaste business
Huakang Pharma talks about Zhoushan project
NHU Biofermentation Industrial Park update: sorbitol, glucose, starch slurry and gluconic acid lines built
Industrial Planning of Jilin Baicheng Chemical Industrial Park released
Northeast Pharm sees huge vitamin C capacity increase
Analysis on China sorbitol exports in June 2023
Price Update
China's ex-works prices of sorbitol, Aug. 2023
Editor's Note
Market Dynamics
GPHL lays out plans to step into toothpaste business
Huakang Pharma talks about Zhoushan project
NHU Biofermentation Industrial Park update: sorbitol, glucose, starch slurry and gluconic acid lines built
Industrial Planning of Jilin Baicheng Chemical Industrial Park released
Northeast Pharm sees huge vitamin C capacity increase
Analysis on China sorbitol exports in June 2023
Price Update
China's ex-works prices of sorbitol, Aug. 2023
