China's imported cassava starch prices soared analysis

China's imported cassava starch prices soared

In October, the price of imported cassava starch was blown a lot. As of November 14, the domestic price of imported cassava starch was 3,800-3,900 yuan per ton (excluding tax), which was higher than that at the end of September 1050-1100 yuan per ton. At the end of September, the China's imported cassava starch price rose to about 3,800 yuan from 2,700 yuan. It is still in an ascending stage. At present, the cassava starch supply on the market is still tight and difficult to buy. The price is high fever and the market is in a panic. In the past years, the cassava starch market has never seen this kind of situation, the larger increase, one day can rise 300-400 yuan per ton, the current price of cassava starch has hit a new high number in recent years.

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Then why cassava starch price increased a lot these days? We all know the cassava starch price stiil not high in recent years, the low price before make the cassava starch processing plant low ecnomic benefit, also suppressed the price of cassava purchases, the long-term poor planting efficiency of cassava farmers affected cultivation enthusiasm, resulting in a substantial reduction in cassava planting area.

For another, in the last three month in 2017, because of the continuously rain, most of Thai cassava cultivation area encounter floods, not only that, Vietnam as one of the main cassava planting area in the world, encountered typhoon. So the cassava harvesting quantity decreased a lot in Thai and Vietnam. Under this coundation, cassava acquisition, storage and transportation are very difficult, for another, harvest rice in November requires most of the manpower, so many cassava starch processing plant discontinued the starch production.

Among is the main factor for China's imported cassava starch prices soared. On the other side, China as the biggest cassava starch imported country, because of the paper production requests, we can afford the cassava starch prices increase, cassava starch market is difficult to get out of stock soonly. Doing Company as a professional cassava starch production machines manufacturer and supplier, will continuously pay attention to the cassava starch price.