What is the price of molasses per kilogram/pound in China today?
The retail price range for China molasses is between US$ 2.10 and US$ 8.11 per kilogram or between US$ 0.95 and US$ 3.68 per pound(lb). Click here to see today's exact prices of molasses in China
The retail price range in Yuan Renminbi for molasses is between CNY 14.73 and CNY 56.90 per kilogram or between CNY 6.68 and CNY 25.80 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China molasses is between US$ 1.47 and US$ 5.68 per kilogram or between US$ 0.67 and US$ 2.58 per pound(lb).
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China Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from China over the last five years has been quite varied. In 2017, the price was 0.29 US$ per kg, followed by a significant increase to 0.43 US$ per kg in 2018. In 2019, the price rose to 0.48 US$ per kg and further increased to 0.76 US$ per kg in 2020. 2021 saw a sharp rise to 2.36 US$ per kg, before dropping to 1.77 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Molasses from China in 2023 will be around 2.00 US$ per kg and in 2024 it will be around 1.90 US$ per kg.The exports of molasses from China are categorised as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
China Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into China over the last five years has been quite varied. In 2017, the price was 0.29 US$ per kg, followed by a significant increase to 0.43 US$ per kg in 2018. This was followed by a slight increase to 0.48 US$ per kg in 2019 and 0.76 US$ per kg in 2020. 2021 saw a sharp increase to 2.36 US$ per kg, before dropping back to 1.77 US$ per kg in 2022. Based on this data, it is likely that the import price per kilogram of Molasses into China will remain relatively stable in the next two years. We predict that the price in 2023 will be around 1.77 US$ per kg, and in 2024 it will be around 2.00 US$ per kg.Export values for China molasses
The total values in export for molasses in China were US$ 106, US$ 173 and US$ 190 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Asia: Kazakhstan molasses, Kyrgyzstan molasses, Tajikistan molasses, Turkmenistan molasses, Uzbekistan molasses, China molasses, Hong Kong molasses, Macao molasses, North Korea molasses & Mongolia molasses.
China molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 379 tonnes of molasses. Through 2019 alone, the interest in China molasses (processed category) has reduced, with a change of -0.26315789 % compared to the year 2018. Between 2017 and 2019, molasses' exports grew by 7.67% earning China US$0.19m for the year 2019. China's molasses exports are classified as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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China molasses export values
In 2019, China supplied molasses costing 0.19m USD, an increment of 9.83% from 2018's total molasses export of 0.173m USD. The yearly increase in value of China molasses between 2017 to 2018 was 63.208 per cent.
The per year variation in the volume of China's molasses exports between 2017 and 2019 was 7.67% in comparison to a variation of -0.26315789% in the period between 2018 and 2019.
Export markets for China molasses ( in '000$ )
China's leading destinations for molasses are Hong Kong, Japan, Singapore, Vietnam and Myanmar.
China ordered 0 tonnes of molasses in 2019.