SunSirs: China Corn Starch Prices Remained Stable and Advanced Last Week (September 4-8)
September 12 2023 13:41:48 SunSirs (Selena)
According to the Commodity Market Analysis System of SunSirs, the domestic corn starch price remained stable and advanced last week. The average price of first grade corn starch consumed at the beginning of the week was 3,426.00 RMB/ton, and the average price over the weekend was 3,426.00 RMB/ton, indicating overall stability and progress.
Since September, the domestic corn market prices remained stable at a high level, with overall stable raw material costs. The profit margin for corn deep processing and processing is still available, and downstream demand for starch is relatively stable. This week, the domestic corn starch market prices remained stable and advanced as a whole.
Analysts from SunSirs's corn starch products believe that raw material costs are fluctuating and stabilizing, and downstream demand is relatively stable. In the short term, the domestic corn starch market price will continue to remain stable and move forward.
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