Core Insights - The air cargo routes between China and Latin America are increasingly connecting the two regions, with China becoming the second-largest trading partner for Latin America, and bilateral trade growing for seven consecutive years [1] - In the first nine months of this year, Henan's import and export value with Latin America reached 68.56 billion yuan, a year-on-year increase of 10.5% [1] - The 20th anniversary of the first free trade agreement between China and Latin American countries has facilitated trade expansion, with companies benefiting from tariff reductions [2] Group 1 - The successful import of Peruvian cochineal red by Henan Zhongda Hengyuan Biotechnology Co., Ltd. utilized the China-Peru free trade agreement, resulting in a tax savings of 280,000 yuan due to the elimination of a 6.5% import tax [2] - Yutong Group has effectively converted policy benefits into tangible export orders, exporting 396 buses to Chile this year, a 55% increase year-on-year, establishing itself as the leading Chinese bus brand in Latin America [2] - Since 2005, China has signed and implemented bilateral free trade agreements with five Latin American countries, enhancing trade relations [2] Group 2 - The 18th China-Latin America Entrepreneurs Summit is seen as an opportunity for foreign trade enterprises to explore the "new blue ocean" in Latin America [3] - Zhengzhou Customs plans to enhance the application of rules, provide tariff consultation services, and deepen visa facilitation reforms to ensure that preferential tariff measures are effectively utilized by more enterprises [3]

Group 1 - The U.S. HHS and FDA plan to phase out petroleum-based synthetic food colorings, leading to a potential surge in demand for natural colorants [1] - The FDA will establish national standards and timelines to encourage the transition from synthetic to natural colorants, with a goal to eliminate six major synthetic colorants by the end of 2026 [1] - Natural colorant companies, such as Morning Glory Biological, are expected to benefit from this transition, focusing on products like paprika red, lycopene, and lutein [1] Group 2 - The transition to natural colorants in the U.S. is anticipated to be comprehensive, similar to the EU's experience where synthetic colorants were nearly eliminated from food and beverage products [2] - Over half of U.S. states have initiated legislative activities regarding synthetic colorants, prompting major food brands to plan for a transition to natural colorants by the end of 2027 [2] - The penetration rate of natural colorants is over 80% in Europe, while the U.S. is close to one-third, indicating significant replacement potential in both the U.S. and Latin America [2] Group 3 - The usage of natural colorants is expected to increase by 4-12 times compared to synthetic colorants due to lower color concentration [3] - For example, the demand for sunset yellow in the U.S. is projected to be around 2,500 tons in 2025, which would require at least an additional 10,000 tons of natural colorants if replaced [3] - The market for replacing synthetic colorants like temptation red and sunset yellow with natural alternatives such as beet red, cochineal red, paprika red, lycopene, and lutein is substantial [3]