According to the monitoring of SunSirs, the price of domestic corn starch continued to be weak this week. The average price of edible first-class corn starch at the beginning of the week was 3,274.00 RMB/ton, and the average price at the weekend was 3,194.00 RMB/ton, down 2.44% during the week.

In December, the domestic corn market price rose and fell as a whole. In addition, the cost of imported corn continued to fall. The downstream demand for corn starch continued to be depressed. The domestic corn starch inventory was relatively high as a whole. Under the pressure of cost and demand, the domestic corn starch market price continued to decline.

The analysts of corn starch products from SunSirs believe that: under the pressure of cost and demand, the domestic corn starch market price will continue to operate stably, moderately and weakly in the short term.

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