Acidity Regulator

On 23 Aug. the MEE released a draft of the Guideline on Available Techniques of Pollution Prevention and Control for Condiment and

Fermented Product Manufacturing Industry to solicit public opinion.

RZBC Boyuan launched a green and automatic manufacturing project with a production capacity of 200,000 t/a of citric acid.

On 16 Aug., Jindan Technology released its semiannual report of 2022, with H1 revenue and net profit up by 22.52% YoY and 25.34%

YoY respectively.

On 31 Aug., the environmental impact (EI) report of Tongliao Zhongyuan's technology upgrading and expansion project (sodium

gluconate, glucose syrup, HFCS, maltose) was publicised again.

In Q3, citric acid price fell off a cliff. The monthly average price of monohydrate citric acid and anhydrous citric acid was USD1,385/t and USD1,527/t, respectively; the monthly profitability was grappling with the ongoing downtrend throughout the quarter and found hardly stay positive in Sept.

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