Chinese succinic acid market prices gradually back on track

Business News Agency January 19th Recently, the market research organization Ximei Information released the latest "China succinic acid market research report", which reports on the production technology, raw material supply and production and consumption, import and export issues of succinic acid. Analysis.

The report pointed out that China is a large producer of succinic acid, and its output accounts for 25% to 30% of the world's total output. In 2009, the total production capacity of succinic acid in China reached 15,600 tons/year. In the first quarter of 2010, China’s 12 major amber The acid producer's total output reached 3,080 tons. At the same time, China is also a major consumer of succinic acid. In 2009, the total consumption was 7,393 tons. The chemical industry and the pharmaceutical industry are the main fields of use, accounting for 75.81% of total consumption. In the past few years, the import of succinic acid was relatively small. From 2006 to 2009, China's succinic acid exports plummeted from 1,863 tons to 1,257 tons.

The report also explained the factors affecting the future development of domestic biosuccinic acid. According to the report, the rapid development of international oil prices and China's economy, especially the rapid development of chemical and pharmaceutical industries, and the progress of foreign biological production technology, have directly affected the development of Chinese succinic acid. The chemical pathway production of succinic acid in China is mature, but the biological pathway is still in the research stage.

Western American information researcher said that after the international financial crisis, China's succinic acid market has slowly recovered in 2010, especially the emergence of some new consumer areas, coupled with the Chinese government's policy of expanding domestic demand, the quality of Chinese succinic acid products. With continuous improvement, these factors have all contributed to the development of domestic succinic acid market. China is still the most important succinic acid producer in the world.

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