Starch information

Domestic cassava starch market performance was stable yesterday, the port arrival was not much, supply supply was relatively sufficient, the downstream demand was still not improving, the market was slightly normal, traders shipped slowly, relatively stable prices. The border trade market is slow to move goods, and the quotation is steadily declining.

Raw Materials and Construction Dynamics: Thai Middle End Powder Quotation Reference at FOB Bangkok, US$ 460-490 / ton, Vietnamese manufacturer's quotation has been reduced, the current majority is CNF 4800-500 US dollars per ton.

Exchange rate: as of 8:00 this morning, Chinese bank dollar bills are sold at 670.57(trading unit: 100).

Forecast: foreign manufacturers increase, raw materials supply is still tight, although foreign manufacturers have recently reduced prices, but the renminbi exchange rate volatility down, domestic traders careful replenishment, Zhuochuang predicted that the recent cassava starch market remains stable and prices stable.
From: Zhuochuang