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Operation of domestic starch during the Spring Festival in 2024
Release time:
2024-02-17
corn starch]
During the holidays, the corn starch market remained mainly on holiday. After the holidays, the mainstream corn starch enterprises began to deliver goods one after another on the 6th and 8th of the first month. The enthusiasm for trading and picking up goods was fair. The market price remained unchanged before the holidays. Shandong mainstream 3160-3200 yuan/ton, Hebei 3180-3210 yuan/ton, Heilongjiang 2820-2880 yuan/ton and Jilin 2980-3050 yuan/ton. During the Spring Festival holiday, corn starch enterprises started work one after another according to the pre-holiday plan. The industry's operating rate was high year on year. The industry's inventory was obviously accumulated due to the decrease in logistics delivery. It is expected that with the increase in the resumption of work and logistics delivery in downstream industries after the holiday, the accumulation of corn starch enterprises will weaken. At the same time, attention will be paid to the impact of corn loading and price changes on corn starch prices at the raw materials after the holiday.
cassava starch]
During the Spring Festival, the market price of cassava starch remained stable, and the shipment was mainly based on pre-holiday orders. After the festival, most of the downstream vermicelli and food industries have not yet started work, manufacturers still have some stocks, and the market purchase and sale activities are less. At present, the cassava starch market is still in a state of oversupply, maintaining stability, and some brands adjust their shipping prices according to their own inventory. It is recommended to continue to pay attention to port inventory and arrival, downstream start-up and procurement progress, and price fluctuations of alternative corn starch.
wheat starch]
During the Spring Festival, the purchase and sale of wheat starch basically stagnated, and the price remained stable. Since the sixth day of the month, manufacturers have started production one after another. Some manufacturers have overhauled and their production capacity has not yet been fully restored. At present, the market price of wheat starch refers to 3450-3550 yuan/ton. At present, starch orders are acceptable, manufacturers deliver goods in an orderly manner, pay attention to downstream demand, and expect short-term prices to be stable temporarily.
potato starch]
During the Spring Festival, the market price of potato starch is mainly stable. After the festival, the downstream just needs to replenish the stock. The market has a strong wait-and-see mood on the spring production situation and is cautious in purchasing. At present, the price remains high and the downstream will not be willing to purchase a large amount of goods. We will continue to pay attention to the demand after the festival, raw materials and the spring production situation of manufacturers. It is expected that the short-term price will remain stable.
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