Procurement Resource Evaluates the Price Trends of Corn Starch in its Latest Insights and Dashboard
Price Trends of Corn Starch in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Corn Starch price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of the Corn Starch can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
The starch that is obtained from the corn (maize) grain is known as corn starch or maize starch. The endosperm of the kernel is where the starch comes from. In addition to being used as a thickening factor in sauces and soups, corn starch is also used to make corn syrup and several other types of sugars.
Also Check Corn Starch Production Cost Report – https://www.procurementresource.com/production-cost-report-store/corn-starch
Regions Covered to Evaluate Corn Starch Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Corn Starch Price Trend:
It has uses in the food and beverage, animal feed, pharmaceuticals and chemical, textile, paper and corrugated industries, among others. The rising pace of global maize output is what drives the corn starch industry. Its expanding use in the food business is helping the industry. In foods like gravies, soups, and sauces, it is frequently used as a thickening. Additionally, it is used as a coating in baked foods to provide moisture and fullness and in deep-fried cuisine to give the item a crispy quality. It is unaffected by the trend for gluten-free products since it is gluten-free.
Key Market Players:
- Cargill, Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle Plc
- Grain Processing Corporation
- Roquette Freres
- Tereos SA
News and Events:
Prices for domestic corn starch significantly fluctuated in March. First-class corn starch’s average price increased from 3290 RMB/MT on March 1 to 3406 RMB/MT on March 31—a 3.53 percent increase over the previous month. March saw a continuation of the upward trend in global grain prices, good sentiment among local trade organizations, caution about future sales, and price increases and stockpile replenishment by deep-processing firms. The cost of making corn starch rose along with the price of domestic maize. Cost support led to an increase in domestic maize starch prices. Late in March, there was a stabilization of the high price of maize on the domestic market, a resurgence of the epidemic situation in many regions of China, a continued decline in the demand for starch, and a significant degree of wait-and-see behavior among the majority of the downstream starch trade. Producers somewhat reduced the ex-factory price to ensure shipping, which led to a slight decrease in the price of domestic corn starch.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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