Analysis on the Market Supply of Cassava Starch

This week 49 Thai manufacturers, or about 51 % of the total, remained stable compared with last week. The production of new powder has increased slightly, and inventory is still insufficient. Due to the heavy rainfall affecting the collection and transportation of raw materials, the increase in the production of starch plants has been hindered. Last week's export rally came amid continued increases in Chinese orders, a return to confidence and a sharp decline in Chinese stocks.
In southern and central Vietnam, the number of producing(semi-producing) starches has increased this week, while new sweet potatoes are still on the market and supply tensions have eased. Due to the rapid reduction of starch factory stocks and the Chinese market has been warmer and other factors, the export market of the trade and border trade has shown a rebound trend.

Domestic ports have arrived one after another, but still less, traders keep their stocks low, and the overall market supply is relatively adequate; The border trade market has not arrived much, the downstream demand has improved slightly, and the pressure of traders to move goods is acceptable; Domestic powder manufacturers mainly sell inventory, manufacturers go slightly shrinking goods

From: Zhuochuang