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The US Corn Starch market recorded a strong upward trend throughout May **** as rising feedstock costs and limited import availability strengthened seller pricing power. Market participants reported that firm maize prices significantly increased production expenses for wet-milling operations, prompting manufacturers to raise offers across the Corn Starch market. While demand remained generally stable, sustained raw material inflation and tightening import cover enabled suppliers to maintain a bullish stance throughout the month.
According to ChemAnalyst, Corn Starch FOB Los Angeles averaged USD ***/MT in May ****, compared with USD ***/MT in the previous month, reflecting a notable month-on-month increase. Weekly market assessments also highlighted the strengthening trend, with Corn Starch prices reaching USD ***/MT during the week ending May ** and continuing to move higher toward the end of the month. The steady rise in Corn Starch prices reflected growing confidence among suppliers as...
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