Domestic steviosides market has been stable. Producers in the industry supply steviosides as RA20, RA40, RA60, RA80, RA95, RA98, TSG95 and other specifications. A capacious downstream application market exists in China, with different levels of demand by food, beverage, baked food, preserved food, canned food, soy sauce, and flavoring. And these downstream producers are also seeking for new competition points for their products. They generally choose to use the natural calorie-free sweetener steviosides as an additive to their products. Therefore, there’s huge consumption of steviosides in China’s local market.
At present, prices of steviosides RA95 and RA97 have fallen to RMB 800 below. The price of RA 95 is around RMB 700-750/kg, and that of RA97, around RMB 750-800/kg.
Additionally according to Herbridge Media, steviosides producers in China are optimistic about international market, believing that the gate of European market has been opened. Some medium-sized producers have increased their production capacity to different extents. It is possible that the price of steviosides will further decline.
Copyright: www.herbridge.com
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