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The Asia market of Liquid Glucose has witnessed a downturn in the first half of January ****. The decline in the market price of Liquid Glucose was the result of economic and seasonal pressure. The suppliers of Liquid Glucose have enjoyed lower production cost due to abundant raw material like corn. The distributors and traders have lowered their offers to stimulate sales and clear inventory which was high from the increased output of previous year. The buyers of Liquid Glucose have adopted cautious inventory management as they had ample stocks which reduced the immediate demand. The softness in the global Corn market has pressured the manufacturers of Liquid Glucose to pass the discount. The consumer spending was curbed on processed foods and beverages which led to reduction in end user offtake. The transition of production cycles from **** have left the residual stock in the market...
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