Potato Starch Prices Trend And Forecast

By Author: ChemAnalyst
Total Articles: 56
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North America
In the North American region, Prices of Potato Starch followed the seesaw price trajectory in the fourth quarter of 2022. The US Potato Starch market started the quarter on a higher note, with prices rising upto 1.2% in October. In the USA, Potato Starch price pressure came from rising import costs from EU countries. Moreover, increasing inflation and surging feedstock Potato prices also impacted the product market. However, these values eventually decreased in November as downstream entities were in a solid wait-and-see attitude, forcing US suppliers to cut their prices to increase orders. By the end of the year, soaring demand from the downstream pharmaceutical industry for the product, coupled with a shortage of inventories, resulted in a price increase. Thus, rising to USD 1310/MT in December from USD 1280/MT in November, a gain of 2.3% was seen in the prices of Potato Starch.

Asia- Pacific
In the fourth quarter of 2022, Potato Starch prices in the Asia Pacific region experienced a swing in the market, supported by a lingering downstream demand from a variety of end-user pharmaceutical and ...
... food sectors. The Potato Starch market in China started the quarter off well, with prices rising significantly to USD 1360/MT as a result of cost transmission in some parts. Potato starch inventories shrank at the forefront of slow production activities in the domestic market due to the low supply of feedstock Potato among Chinese manufacturers. Entering November, prices started to stabilize towards the lower side before falling 2.2% in December. Because of the sharp drop in potato starch prices that occurred in H2 of Q4, most downstream starch transactions maintained a strong wait-and-see stance. Thus, by the end of Q4, the FOB Shanghai prices for Potato Starch in China were assessed at USD 1320/MT.

Europe
In the European region, the price of Potato Starch displayed an upward price trajectory during the entire fourth quarter of 2022. The price escalated from USD 1035/MT in October to USD 1260/MT in December. Lower domestic and EU production of feedstock Potatoes impacted the processing of Potato Starch in the manufacturing unit. In the German starch market, the situation turned from oversupply to shortage within a very short time. Most producers of potato starch in Germany faced instability in supplying current clients and virtually left less for new customers. As per trade sources, a healthy and increasing demand throughout the quarter from the end-user industries, including the domestic and international food and pharmaceutical sectors, with values in Germany nudging up.

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