Consumer China

SDIC Zhonglu Fruit Juice

  • Published 22 Apr 2010

The apple concentrate exporter suffered in 2009 as it slashed prices to sell to crisis-struck overseas buyers, though exports were recovering well in March.

Background:SDIC Zhonglu Fruit Juice (600962:SHA) is China's second largest OEM apple juice concentrate exporter, accounting for 15% of China's total exports in the segment. Overseas sales make up 92% of group revenues. The group has production bases across China in Shandong, Shanxi, Shaanxi, Hebei, Liaoning and Yunnan provinces, and also produces concentrated pear and sweet potato juice.

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