SunSirs: China Corn Starch Prices continued to Rise Last Week (July 3-7)
July 11 2023 15:17:12 SunSirs (Selena)
According to the commodity market analysis system of SunSirs, the price of Corn starch in China continued to run strongly last week. The average price of the first grade Corn starch at the beginning of the week was 3,314.00 RMB/ton, and the average price at the weekend was 3,356.00 RMB/ton, up 1.27% in the week.
In July, the domestic corn market price continued to be strong, the cost of raw materials continued to rise, and the downstream demand for starch continued to rise after summer. Supported by the cost and demand, the domestic Corn starch market price continued to rise.
SunSirs corn starch products analysts believe that the domestic Corn starch market is expected to continue to operate strongly in the short term, supported by costs and demand.
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