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 475-4900 Qingdao Vietnam yuan / ton 3900-40500

Vietnam dollar / ton 480-4950 Guangxi border trade yuan / ton 3700-39500

Qingdao Thailand yuan / ton 3900-41000 Guangxi domestic yuan / ton 3900-43000

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.

Yesterday, the domestic cassava starch Market performance was stable, the supply of the market is relatively adequate, Vietnam flour slightly inadequate, downstream delivery slowed down, traders quoted steady decline. The supply of goods in the border trade market has increased, and the market quotation has dropped slightly.

Raw materials and start-up dynamics: Thai mid-end powder quotation reference in FOB Bangkok 475-490 U.S. dollars / ton, Vietnamese manufacturers offer some stability, most of the current report CNF480-495 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 697.72 (transaction unit: 100).

Forecast: Foreign raw material fresh potato supply continued to increase, manufacturers inventory pressure gradually appeared, quotation steady decline. Domestic supply continued to increase, downstream demand slowed down slightly, market wait-and-see sentiment gradually, Zhuo Chuang predicted that the cassava starch market will remain stable in the near future, prices slightly lower.