Corn syrup prices in the U.S. market witnessed a significant increase during the first half of May xxxx, extending the sharp upward trend observed in April. The continued price escalation was driven by persistent supply side constraints, elevated raw material costs, and firm consumption patterns across key end use sectors.
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Corn syrup prices in the US went up in the first half of May xxxx after April’s big jump due to high corn prices and tight raw material supply.
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Corn syrup production was hit by flooding at a major Cargill facility, further reducing supply and tightening the market.
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Corn syrup costs went up in April as global maize prices rose, driven by low stocks and broader inflation.
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Corn syrup demand was strong, supported by food and beverage offtake and improving industrial activity as reflected in the US Manufacturing PMI.
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Corn syrup prices will stay high in the second half of...
