China’s Sweetener Makers Advance on WHO Aspartame Speculation
- WHO set to declare aspartame possibly carcinogenic to humans
- Firms may accelerate replacement of aspartame with sucralose
This article is for subscribers only.
China’s sweetener producers gained after a report said the World Health Organization is set to decide on the safety of aspartame, a manufactured sugar used in popular diet drinks, with an analyst saying substitute manufacturers may profit.
Shares in Baolingbao Biology Co. and Shandong Sanyuan Biotechnology Co., which make natural sweetener erythritol jumped by at least 10% each on Friday. Anhui Jinhe Industrial Co., a producer of additives including sucralose gained 9.8%, while Shandong Kaisheng New Materials Co., which uses a raw material used in its production, advanced 15%.