Starch sugar raw material runs strongly and local price is tentatively increased

1.1 Price analysis of starch sugar products
The price of starch sugar is stable this week, and there are minor adjustments according to the transaction. As of Thursday, the average price of crystallized sugar in Shandong was 2,810 yuan per ton, which was the same as last week. The overall sales situation was poor and the transaction price was dragged. The average price of maltose syrup in Shandong market this week was 2,257 yuan per ton, up 11 yuan per ton from last week, mainly because of poor profits, manufacturers raised. The low price of fruit and Portuguese syrup is difficult to find, and the market is still selling. Shandong's quotation is 2650-2750 yuan/ton, and the transaction is slightly lower. Malt dextrin shipments are general, the recent transaction low price maintenance.

1.2 Starch sugar prediction
This week, the price of starch sugar maintains a stable medium and strong situation. The manufacturers adjust the price according to the shipment. In addition to the temporary pressure on the sale of fruit and Portuguese syrup, other products are not smooth, and the price of raw materials is relatively strong in the near future, leading to local manufacturers.
Crystal glucose: Although the price of raw materials corn is relatively strong, but short-term terminal demand is difficult to perform well, the market starts to maintain a high level, and the pressure on selling goods is not reduced. It is expected that the price of crystal glucose will remain stable next week, and manufacturers will wait and see the market. The transaction fluctuates between 2700-2950 yuan / ton.
Malt syrup: next week raw materials will continue to run strong, will support the cost of maltose syrup, companies in the face of poor profits, expected next week, maltose syrup manufacturers shipping prices will be slightly higher, but the overall demand situation is normal, beer boost limited, limiting price increases.

Fruit syrup: In the near future, with the better demand for beverages, Cola, etc., manufacturers have no pressure to sell goods, manufacturers 'orders have increased, and it is expected that short-term fruit syrup sales will be better, and the high price will remain stable.
Malt dextrin: short-term malt dextrin shipments are general, terminal demand is not good, market manufacturers have bidding intentions, it is expected that short-term malt dextrin shipments will remain low, sales pressure remains.

Transferred from: China Starch Industry Association