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SunSirs: China Corn Starch Prices Fluctuated and Moved forward Last Week (November 20-24)
November 27 2023 15:10:21SunSirs(Selena)

According to the Commodity Market Analysis System of SunSirs, the domestic corn starch price fluctuated last week, with an average price of 3,264.00 RMB/ton for first grade corn starch at the beginning of the week and 3,268.00 RMB/ton over the weekend, an increase of 0.12% during the week.

In late November, the supply-demand game in the domestic corn market has intensified, and the domestic corn market prices have slightly stabilized. After stabilizing due to weak raw material costs, the domestic corn starch market prices have also fluctuated slightly last week.

The corn starch product analyst from SunSirs believes that in the short term, the domestic corn market is facing a dilemma of price fluctuations in the supply and demand game, and the cost is weak and stabilizing. The corn starch market price will follow the current level of corn prices and slightly consolidate.

 

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