SunSirs: The Price of Corn Starch Stabilized in China Last Week (July 10-14)
July 19 2023 09:57:29 SunSirs (Selena)
According to the commodity market analysis system of SunSirs, the price of Corn starch in China stabilized last week. The average price of first-class Corn starch at the beginning of the week was 3,356.00 RMB/ton, and the average price at the weekend was 3,362.00 RMB/ton, with a slight increase of 0.18% in the week.
Supported by factors such as low inventory and continuous loss of processing, the domestic Corn starch market price continued to run relatively strong. In the middle of July, the domestic corn market price rose slightly and fell back. The overall shock stabilized, the rising trend of raw material cost stabilized, and the domestic Corn starch market price stabilized.
SunSirs corn starch products analysts believe that, supported by the cost of raw materials, the domestic Corn starch market price will follow the slight fluctuation of corn prices in the short term.
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