Cassava starch price dynamics

Cassava starch external market and market price list

Regional unit price is higher than last week's price.

Thailand dollar / ton 500-5150 Qingdao Vietnam yuan / ton 3900-40500

Vietnam dollar / ton 505-5150 Guangxi border trade yuan / ton 3760-40300

Qingdao Thailand yuan / ton 3950-42500 Guangxi domestic yuan / ton 3920-44200

Note: Domestic prices are based on no-tax statistics, Thailand is FOB price, Vietnam is CNF price, and are based on yesterday's closing price.

Domestic cassava starch Market performance was general yesterday, port arrivals, market Vietnamese powder volume slightly inadequate, traders inventory pressure is not large, downstream demand continues to improve, the overall price stability, some traders slightly lower prices. The supply of goods in the border trade market has improved slightly, and the market quotation has dropped slightly.

Raw materials and start-up dynamics: Thai mid-end powder quotation reference in FOB Bangkok 500-515 U.S. dollars / ton, Vietnamese manufacturers offer some stability, most of the current CNF 505-515 U.S. dollars / ton.

Exchange rate: as at 8:00 this morning, the selling price of the US dollar cash notes of the Bank of China was 690.51 (transaction unit: 100).

Forecast: raw material supply for foreign raw materials has improved, manufacturers' output has increased steadily, and quotations have been relatively stable. Domestic arrivals continued to increase, downstream demand gradually improved, the market to speed up, Zhuo Chuang predicted that the cassava starch market will maintain a stable operation in the near future, price stability.