China will be the cheapest producer of green hydrogen in the foreseeable future, followed by Chile, Morocco, Colombia and Australia, in an “optimistic” scenario, according to the latest report from the International Renewable Energy Agency (IRENA).
Chinese companies dominate the erythritol market [Registered]
A few Chinese companies dominate the global erythritol market, driven as much by rising local demand.
China targets production of 200,000 tonnes green hydrogen by 2025 [Full subscriber]
China’s top economic planner on 23rd March announced a target to produce up to 200,000 tonnes per year of green hydrogen by 2025 avoiding up to two million tonnes of CO₂ each year, reported Reuters.
China – Severe frost damages 20% of Cofco Sugar’s beet crop [Full subscriber]
COFCO Sugar recently announced that La Nina related extreme weather, which resulted in the sudden drop in temperature, caused severe damage to its sugar beet crop, according to its press release.
China – Zero-sugar Oreos not to consumers liking [Full subscriber]
Initial reaction from the launch of Oreo Zero sugar-free cookies in China some three months ago has been disappointing, Mondelez International Inc’s CEO admitted, reported Reuters.
China – Beet sugar production in Inner Mongolia forecast to drop by 44% in 2021/22 [Full subscriber]
Inner Mongolia’s beet sugar production in 2021/22 is estimated to fall to 500,000 tonnes from 891,000 tonnes in the previous year, a decrease of 43.9%. This is largely due to beet acreage declining by 1.3 million mu (86,667 hectares), a decrease of 43.47%, according to local press reports.
China – Sugar imports are expected to remain high for the next 10 years [Full subscriber]
Sugar imports are expected to remain high for the next 10 years, reaching 5.52 million tonnes in 2030, growing at an annual pace of 5.8%, according to a report released by China’s Ministry of Agriculture and Rural Affairs.
China – Top 10 sugar-producing companies in 2019/20 ranked [Full subscriber]
According to the China Sugar Association, the top ten sugar companies during 2019/2020 in terms of sugar production are ranked
In the free trade agreement with China, Mauritius secures tariff quota of 15,000 tonnes, rising to 50,000 t [Full subscriber]
The free trade agreement (FTA) between the government of the Republic of Mauritius and the government of the People’s Republic of China came into force on January 01, 2021. The FTA was signed in October 2019 in Beijing.
Covid-19 pandemic triggers fall in global ethanol production by almost 15% in 2020 [Full subscriber]
Strongly impacted by the Covid‑19 crisis, global ethanol production is anticipated to contract 14.5% to 98 billion litres in 2020 – from 115 billion litres in 2019. Around 80% of the y-o-y fall in output is in the key markets of Brazil and the United States, according to a new report by the International Energy Agency (IEA).
Monthly Snapshot
July ’22 raw sugar ended at 19.60 cents per lb on 25th May. Following the relative excitement that India would restrict sugar exports to 10 million tonnes in the 2021/22 […]
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