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SunSirs: Corn Starch Price Increased This Week (April.6-10)

April 14 2020 16:34:55     SunSirs (Daisy)

This week domestic corn starch prices rose slightly, the beginning of the week to eat a corn starch average price of 2373.33 yuan/ton, the weekend average price of 2406.67 yuan/ton, up 1.40%.

Into April, the overall domestic corn market price maintained a stable trend of relatively strong, the raw material cost continued to rise, manufacturers subsequently increased the factory price of corn starch, coupled with the opening of some schools, terminal starch demand has recovered, demand and cost support, domestic corn starch market price continues to rise.

Market Forecast: SunSirs corn starch product analysts believe that raw material costs to support the domestic corn starch price recovery. In general, the current domestic corn starch inventory is still at a high level, the end of the starch demand has not shown a significant recovery, and the corn starch price is expected to increase the overall limited space.

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