The hottest corn starch price broke through 4000 y

2022-08-03
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Break through 4000 yuan/ton corn starch price and set a new record

release date: Source: Business Club financial investment at the beginning of the new year, the price of corn starch futures rose crazily with the price of corn raw grain, making the market tongue tied. As of January 8 last Friday, the mainstream ex factory quotation of corn starch of enterprises in Shandong region was as high as/ton, and that of corn starch in Heilongjiang region was as high as/ton. In less than a week, the price rose by as much as/ton. On Monday, the price of starch broke the record again. The ex factory quotation of corn starch of a starch manufacturer in Henan reached 4000/ton

Business Club: the price of corn starch rose again last week (1..8)

I. The price trend of domestic corn starch

according to the monitoring of business club, the price of domestic corn starch rose again last week. The average price of first-class corn starch at the beginning of the week was 3140.00/ton, and the average price at the weekend was 3270.00/ton, up 4.14% during the week. Customers should pay special attention to its use environment

II. Market analysis

after the first day, the domestic corn market price has reached new highs, the raw material cost has continued to rise, and the processing cost of corn starch has risen again. Under the cost support, manufacturers have raised the ex factory price of corn starch, and the domestic corn starch Market Price has followed the corn price to new highs

III. future market forecast

analysts of corn starch products of business club believe that: the cost of raw materials continues to rise, and the price of corn starch will rise accordingly. It is difficult for the domestic corn price to fall back quickly in the short term. It is expected that the domestic corn starch market price will continue to follow the strong price of corn

this week: continuously breaking the historical highs, corn starch futures rose crazily

at the beginning of the new year, the price of corn starch futures rose crazily with the price of corn raw grain, making the market tongue tied

as of January 8 last Friday, the mainstream ex factory quotation of corn starch of enterprises in Shandong was as high as/ton, and that of corn starch in Heilongjiang was as high as/ton. In less than a week, the price rose as high as/ton, especially in North China, which continued to set a new record in recent years

according to the market feedback, the starch price broke the record again on January 11, 2021 (this Monday). The ex factory quotation of corn starch of a starch production enterprise in Henan Province reached 4000/ton, the transaction was negotiated, and the inventory supply was tight. However, the taxed price of corn starch in Shandong, Inner Mongolia, Anhui and other places also rose to/ton, and the single increase was mostly between/ton

recently, the prices of corn starch in many markets have been rising one after another. There is a strong wait-and-see atmosphere among enterprises. The price support and bullish mentality has been strengthened, and the prices have been raised continuously

the main reason for this sharp rise is driven by the supply side of corn raw grain whose price is relatively higher than that of the manufacturer if not the manufacturer.

according to the analysis of "financial investment", the main reason for this sharp rise is still driven by the supply side of corn raw grain

according to the survey, at present, the progress of grain sales of grass-roots farmers in Northeast China has exceeded 60%. The grass-roots surplus in the main production areas in China is limited, and most of them have entered the trade link. However, the traders are generally bullish. After the festival, the market hoards grain and refuses to sell at a high price

corn grain enterprises are worried about logistics transportation and operating rate after the Spring Festival. Frequent price increases stimulate arrival. This week, the purchase price of corn by corn deep-processing enterprises in North China rose. The converted starch cost is equivalent to an increase in starch cost/ton. However, there is still no improvement in the arrival of goods at the factory. Forced by the processing demand of maintaining normal startup, grain consuming enterprises continue to raise their purchase prices to stimulate the arrival of goods. The cost of enterprises directly pushed up to a high point, supporting the upward trend of product prices

july and August are the peak periods for overhaul of deep-processing enterprises. Affected by routine equipment overhaul and superimposed environmental protection inspection, starch enterprises in North China have joined the ranks of overhaul. In addition, the consumption of corn starch this year is low, and the overhaul time of some enterprises is too long. According to the follow-up, the start-up of the starch plant in January will show a further downward trend. By the 29th week of 2019 (July 15 to July 21), the total corn processing capacity of the national corn starch enterprises was 596500 tons, and the actual start-up rate of the industry was 65.54%

according to data monitoring, the output of commercial starch in 2020 was 16.5693 million tons, down 11% compared with the same period last year and 6% compared with 2018. In the first week of 2021, North China 3: the left and right installation of the force measuring part of the tensile testing machine is improper; the left and right installation of the force measuring part is not level, which causes the mouth corner and the west corner to change at the same time. Some enterprises in the area are affected by the shortage of raw grain and the epidemic situation, and the start-up of the industry further declines. Shandong Hengren industry and trade lowered the operating rate to less than 40% this week; Hebei Xingtai Yufeng group's product line started to operate down to 50%; The commencement performance of Guangyu and Xinji Derui in Hebei declined due to the impact of regional epidemic control; It has added positive to the starch Market, and the enterprises have a strong desire to rise, greatly increasing the quotation of corn starch

on the whole, the sharp rise in the price of corn starch is mainly driven by the cost and the expectation that the operating rate will decline

on the one hand, due to the impact of weather, transportation and early stocking at the demand side, the corn starch enterprises will maintain the price support mentality and continue to operate strongly with the strong support of corn price rise in the short term. However, in this round, the price increase of corn starch in Northeast China is significantly lower than that in North China. With the price increase in North China, the Northeast starch may occupy part of the market in the later stage due to the price advantage ----- the bolts of Jinan experimental machine factory change the experimental machine potential. Therefore, if the starch price in Northeast China does not follow the increase in North China, it is difficult to effectively maintain the starch price in North China at present. In addition, the substitution demand of some industries is reduced and released in advance, and the high price transactions in the market will be gradually limited

under the condition that the supply-demand relationship has not reversed in the late high price demand, it is obvious that the rapid rise will make the corn starch futures have the possibility of substantial adjustment, resulting in certain risks

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