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SunSirs: China Corn Starch Prices Rose slightly Last Week (May 6-10)

May 15 2024 10:08:48     SunSirs (Selena)

According to the commodity market analysis system of SunSirs, the domestic corn starch price rose slightly last week. The average price of first-class corn starch at the beginning of the week was 3,042.00 RMB / ton, and the average price at the weekend was 3,052.00 RMB / ton, up 0.33% during the week.

In May, the domestic corn market price rose slightly, and the raw material cost rose slightly. Supported by the rising cost, the domestic corn starch market price rose slightly.

According to the analysts of corn starch products of shanghaishe, with the support of cost, the domestic corn starch market price has rebounded slightly. On the whole, the accumulation of reserves in the domestic corn starch industry is still the same, the downstream demand for starch is still not strong in the peak season, the problem of strong market supply and weak demand still exists, and the overall space for the domestic corn starch market price to rebound is limited.

 

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