CCM-China's cystine exports: QoQ & YoY rise in Q3 2015 12-18-2015

According to CCM, in Q3 2015, the exports of cystine from China rose, with Shine Star (Hubei) as the major contributor.

 

According to the statistics from China Customs, the export volume of cystine (HS Code: 29309010) was 13.309 tonnes in Sept. 2015, down by 69.89%; and the value of these exports was USD213,021, down by 64.34% MoM. And the total export volume of this product in Q3 was 98.539 tonnes, up by 13.44% QoQ and 58.15% YoY.


Export volume of cystine in China, June.-Sept. 2015.

Time

Export volume, tonne

MoM or QoQ

YoY

July

41.03

82.49%

231.26%

Aug.

44.2

7.73%

45.90%

Sept.

13.309

-69.89%

-32.18%

Q3

98.539

13.44%

58.15%

Source: China Customs

 

Export volume of cystine in China, Jan. 2014-Sept. 2015

Source: China Customs

 

Major export destinations

In Q3, the total export volume to Italy was 21 tonnes, still maintaining the top-1 export destination of China’s cystine as well as in H1 2015.

 

Other major destinations, such as the US, Japan, India and Vietnam, remained stable.

 

Major export destinations for China's cystine, Q3 2015

Export destination

July, tonne

Aug., tonne

Sept., tonne

Total

Italy

0

21

0

21

India

10

9

1.5

20.5

Germany

10.8

1

0.08

11.88

Argentina

1.5

5

5.2

11.7

The US

6.5

3

1

10.5

Belgium

4

0

3.5

7.5

Japan

5

1.4

0.18

6.58

Spain

2.5

0

1

3.5

Vietnam

0.6

2

0.2

2.8

South Korea

0

1.23

0

1.23

Source: China Customs

 

Major exporters

In Q3 2015, the largest cystine exporter in China was Shine Star (Hubei) Biological Engineering Co., Ltd. (Shine Star (Hubei)), who exported 50 tonnes, accounting for over 50% of the national total. The second one is Wuhan Shunyi Biotechnology Co., Ltd., with export volume of 6.50 tonnes, followed by Ningbo Daxie Development Zone Haide Amino Acid Industry Co., Ltd. (5.31 tonnes).

 

Shine Star (Hubei), a subsidiary of Shanghai Fosun Pharmaceutical (Group) Co., Ltd., is a large hydrolytic amino acid producer in China. Its portfolio spans arginine, histidine, cystine, cysteine, leucine, tyrosine and their derivatives. In H1, its revenue was USD88.09 million (RMB540 million). Currently, Shanghai Fosun focuses on developing overseas markets.

 

Export ports
In Sept., the major export ports of cystine in China are Shanghai Customs, Ningbo Custom and Hangzhou Custom, with export volumes of 11.22 tonnes, 2.06 tonnes, and 0.025 tonnes respectively.

 

CCM stated that to develop minor amino acid is the major direction. Yichang Sanxia Pharmaceutical Co., Ltd. and Xuchang Ruida Biology Technology Co., Ltd., following suit, construct minor amino acid projects.

 

If you would like to know more about the cystine industry, please have a look at our product: Amino Acids China News.

 

About CCM:

CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & ingredients and life science markets. Founded in 2001, CCM offers a range of data and content solutions, from price and trade data to industry newsletters and customized market research reports. Our clients include Monsanto, DuPont, Shell, Bayer, and Syngenta. CCM is a brand of Kcomber Inc.

 

For more information about CCM, please visit www.cnchemicals.com or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.

 

Tag: cystine

 

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