SunSirs: Chinese Market Corn Starch Pices Continue to Rise
Entering mid-October, under the influence of the dual control policy, domestic corn starch stocks continued to be low and the overall decline continued. At the same time, as the weather turned cooler, domestic corn starch demand rebounded. The overall corn starch market supply was tight. Under the support of demand, domestic The market price of corn starch continued to rise. On October 19, the average price rebounded to 3,400 yuan/ton, an increase of 3.03% from the beginning of the month.
Inventory is low, market supply is tight, and downstream demand remains unabated. In the short term, domestic corn starch market prices will continue to be strong.