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SunSirs: Last week, China's Corn Starch Prices Remained Stable and Moved Forward (6.7-6.11)

June 15 2021 08:58:32     SunSirs (Linda)

1. China's domestic corn starch price trend

Last week, domestic corn starch prices remained stable. The average price of first-class corn starch for consumption at the beginning of the week was 3500.00 yuan/ton, and the average price on weekends was 3500.00 yuan/ton, representing a zero increase or decrease.

2. Market analysis

Last week, the domestic corn market price moved forward relatively stably. Supported by the cost of raw materials, the domestic corn starch market price moved forward steadily.

3. Market outlook forecast

The weather is gradually turning hot, domestic corn starch demand is still not in the peak season, corn starch stocks have increased, and manufacturers' corn inventories are relatively sufficient. In the short term, the domestic corn starch market is light and difficult to change. The corn starch market price will continue to stabilize and fluctuate Forward.

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