Yesterday, the domestic cassava starch market as a whole is stable, the price of foreign plates continues to rise, spot prices appear upside down, Qingdao Port spot supply is stable, most of the low-priced goods in the hands of traders have been finished, Vietnam powder spot is not much, due to slow downstream demand, slow shipping.
Quotation situation: Thai raw materials are still tense. At present, there is no raw material in the northeast of Thailand that should not increase until June and July. There are still some raw materials in the North that should be ready for production until the end of May and start again in October. The current squeeze season in Vietnam has ended, and raw materials are relatively scarce. Most manufacturers have entered the suspension of production and maintenance, and they will not be partially reproduced until the end of June; Continuous manufacturers maintain only 30 % of production capacity.Because of the lack of inventory pressure, the willingness to ship is not strong, and the price is relatively firm. Most manufacturers offer over 520. Viet Nam's low-end powder reference CNF China $510-530 / ton. Thai medium-end powder reported FOB Bangkok 520-550 US dollars per ton.
Exchange rate: as of 9:00 this morning, Chinese bank dollar bills were sold at 637.24(trading unit: 100).

Corn starch: the price of domestic corn starch has risen slightly this week. As the weather gradually heated up, starch sugar demand continued to rise, starch consumption gradually ushered in the peak season, starch prices have a certain support. However, due to the continued increase in the strength of the reserve auction, the supply of corn is sufficient and the price is weak, and the price of starch is suppressed. Overall, domestic starch prices are expected to remain stable in May.
From: Starch Dog Network