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China VC Industry to be Regulated in 2011

January 26, 2011

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Recently, an article on China’s Vitamin C export has attracted much attention among food ingredient industry. The article “China to impose VC export quota in 2011？”, released in Corn Products China Ne

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(Free-Press-Release.com) January 26, 2011 --

According to the article, such export quota was estimated to be carried out at the end of 2010 by National Development and Reform Commission (NDRC). However, it still has no evidence to come out at the end of January, 2011. “It may still staying in inner discussion stage” told by the article’s author from CCM. In addition, the article has also analyzed the advantages of this measure: eliminating unqualified manufacturers and enhancing Chinese VC pricing power. Compared with last year, the figures in this article showed that both domestic prices and export prices slumped to the lowest level in 2010.

Export quota is one of the regulated measures considering VC industry, and other measures are also included, such as: industry admittance, investment administration, etc. Such measures are expected to aim at helping to keep healthy development of this industry.

However, it is not the first time to try to regulate this industry. According to CCM’s survey, some policies and measures has been applied previously. The latest one related to VC industry was water treatment measures in pharmaceutical industry, which eliminated some manufacturers for environmental protection. Besides, since DSM and BASF shrank the VC production, more and more capacities concentrated in Chinese top 5 advanced VC manufacturers, such as Northeast Pharmaceutical Group, North China Pharmaceutical Group, etc. These top 5 suppliers accounted for most of the global market share. Under such circumstances, the price has boosted since 2008, which ultimately led to more investment in VC industry. Besides, one of the key reasons for industrial expansion is local governmental economy development policy, which allows more investments into VC industry. Therefore, administration supervision is included in the regulation measures.

In the past years, the regulations on corn product processing industry have been highlighted. Citric acid industry has been adjusted in August 2010, and VC is regarded as an over-capacity product. Therefore, it is quite probable for China to impose export quota on VC in 2011. “The government should enhance the supervision on the implementation of this measure, if not, the measure would lose its role.” quoted form January issue, 2011 of Corn Products China News.

About Corn Products China News:

Corn Products China News brings you the latest information on new price fluctuation, new market trends and intelligence, new legislations and policies, new technologies, new area dynamics and new corn supply that are shaping the market.

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 all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or
contact econtact@cnchemicals.com

CCM International, Ltd.
Guangzhou CCM Information Science & Technology Co, Ltd.

17th Floor, Huihua Commercial & Trade Mansion No, 80 Xianlie Zhong Road, Guangzhou 510070, China

More information can be found online at http://www.cnchemicals.com

free-press-release.com 2011 china Citric Acid Corn market research price VC export quota vitamin

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Name: CCM International Ltd

Company: CCM International
Telephone: 86-20-37616606
Email: ***@cnchemicals.com
WebSite:
http://www.cnchemicals.com
About the author
CCM International Limited, found on base of Guangzhou CCM Information Science & Technology Co., Ltd., is an international consulting company registered in Hong Kong and headquartered in Guangzhou, China. CCM expertise at China market, Asia Pacific Rim,

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