Corn Starch Ups And Downs Forecast
The latest price (2022-04-20): 3362.00 CNY/ton
Analysis points:
Entering mid-April, the domestic corn starch market is still not prosperous in the peak season, the downstream demand for starch continues to be sluggish, and the trade entities have a strong wait-and-see attitude. RMB/ton, down 1.06% from April 1.
Market outlook forecast:
The market supply is strong and the demand is weak. In the short term, the price of corn starch is under pressure. Supported by the continuous high price of the domestic corn market, the market price of corn starch has limited room for continued decline.
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