According to the Commodity Market Analysis System of SunSirs, the domestic corn starch price continued to rise last week. The average price of first grade corn starch consumed at the beginning of the week was 3,052.00 RMB/ton, and the average price over the weekend was 3,066.00 RMB/ton, with a weekly increase of 0.46%.

In mid May, the domestic corn market prices continued to rise, and the continuous increase in raw material costs provided some support for the domestic corn starch market prices. After the rise in corn starch prices, downstream stocking willingness became stronger, and the accumulation situation in the corn starch industry was alleviated. With the support of costs and demand, the domestic corn starch market prices continued to rise.

The corn starch product analyst from SunSirs believes that in the short term, with the support of costs and demand, there is still some room for price recovery in the domestic corn starch market.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.