Recently, Western American Information, a domestic professional market research institution, released a new "Market Research Report on China's Sodium Gluconate Industry". Sodium gluconate is an emerging industry with high market demand. The EU has recently issued anti-dumping sanctions on the export of China's Sodium Gluconate industry. , Two Chinese companies cooperated in the investigation. Among them, Shandong Kaisheng still got MET, the tax rate was 5.6%; Qingdao Kehai still got IT, the tax rate was slightly reduced from 27.3% in the preliminary ruling to 27.1%; the tax rate of other enterprises was reduced from the preliminary ruling 53.4 % Is slightly lowered to 53.2%. The European Union initiated an anti-dumping investigation on the above-mentioned products on August 11, 2009, and on May 4, 2010, the preliminary ruling implemented temporary anti-dumping measures, which affected China’s exports to Europe by about 5.88 million US dollars. The report focuses on the impact of relevant EU and domestic policies on China's sodium gluconate industry.
The report shows that the price of Sodium Gluconate has been relatively stable in recent years, mainly affected by the prices of raw materials corn starch and sucrose; sucrose is a competitive substitute for glucose, and price fluctuations of sucrose have affected the production of Sodium Gluconate, which uses glucose as raw material. Enterprises will have a serious impact; corn and sucrose prices have risen significantly this year, which has increased the ex-factory price of sodium gluconate in recent months. In addition, since sodium gluconate is mainly used in cement additives, the price of sodium gluconate has also been significantly increased. The seasonality is higher in the summer of peak consumption season than in other seasons. The average quotation in August is between RMB5000-5200 per ton.
This report comprehensively discusses and analyzes the huge changes in China’s sodium gluconate industry in the past two years and the impact of the new EU anti-dumping arbitration on China’s sodium gluconate industry. The report points out that the EU’s anti-dumping arbitration measures against China’s sodium gluconate industry will Will raise the threshold for domestic sodium gluconate manufacturers to enter the EU market in the next few years.
The report pointed out in the future investment opportunities in China's sodium gluconate industry:
First of all, in order to reduce business risks and improve corporate competitiveness, it is recommended that
one of the future investment directions is to establish a complete sodium gluconate industrial chain, forming a one-stop production from corn processing to sodium gluconate processing, thereby forming economies of scale and greatly reducing production. Cost and increase investment income. Since Hebei, Shandong, Jilin and other major corn producing areas have very rich corn resources, it is recommended that investors build sodium gluconate production lines in these areas to maximize the use of local abundant corn resources.
Secondly, investors should actively explore the overseas business of sodium gluconate; China, as a global supplier of sodium gluconate, will certainly attract more overseas customers by virtue of its overall price advantage. Therefore, in order to reduce transportation costs, it is recommended to invest in the northern coastal areas, especially cities near the port, to establish sodium gluconate enterprises.
West American Information Researcher Xie Miaobo said: China's sodium gluconate industry has been developing in China for nearly 30 years, and now it has entered a period of rapid development. From 2003 to 2009, China's sodium gluconate industry has maintained a compound growth rate of 33.14%. Now China It has become the most important producer and exporter of sodium gluconate in the world. In 2010, China's total production capacity of sodium gluconate in China was about 570,000 tons. There are currently more than forty sodium gluconate manufacturers in China, most of which are located in the main corn producing areas.
About Bailin Group:
We,Bailin Group Co.,Ltd is a leading Sodium Gluconate manufacturer from China,The annual output of Sodium Gluconate is about 150,000 tons,which is the largest factory in the northeast China region.contact us if you looking for a reliable Sodium Gluconate supplier.