On 21 June, China Biotech Fermentation Industry Association (CBFIA) made public the Industrial Standard for Citrate Anhydrous (Exposure Draft).
In Q2, the EIAs of Golden Far East's 100,000 t/a lactide / PLA and 200,000 t/a LA project and Tiger Biotech's 25,000 t/a recycled LA project were posted.
On 19 May, the EIA report of 1,000 t/a potassium citrate and sodium citrate (for IMF use) technology transformation project of RZBC Boyuan was approved.
In Q2 2022, the EIA reports of BBCA Biochemical's two projects with SG capacity totalling 60,000 t/a were publicised.
In Q2, the citric acid price continued going up from the already high level, despite by a smaller margin. The monthly average prices of monohydrate citric acid and anhydrous citric acid were USD2,299/t and USD2,467/t respectively, from which the profitability has remained high.
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