Corn Starch Prices, Monitor, Analysis & Demand

North America: During the fourth quarter of 2023 in the North America region, the Corn Starch market and prices were influenced by several factors. Notably, Corn Starch prices experienced a significant decline primarily due to ample inventories and a subdued demand outlook from downstream industries. This surplus of Corn Starch led to a downward pressure on prices. Furthermore, the global increase in shipping costs and fluctuations in the price of the raw material, Corn, also contributed to the overall price decrease. The market situation was constrained as manufacturing activity decreased, and there was a weakening demand for goods manufactured in the United States. Reduced international demand, especially from China, prompted Chinese provinces to adjust their export prices downward, adding to the downward pressure on prices in the US market. The decline in prices, which coincided with a expansion of crop acreage by US farmers in the previous year in response to high prices, aligned w...