Flash News 3: Qingdao cassava starch prices! (4.2)
Our website news (correspondent Wei Bin): According to the latest market monitoring and statistical information from "Starch World" website, the cassava starch market and prices in Qingdao are currently experiencing a fluctuating downward trend due to the comprehensive impact of factors such as the continuous increase in port inventory, insufficient downstream factory operating rates, and the continued rise in Thai flour prices. According to relevant statistical data, the actual transaction price of imported cassava starch at Qingdao Port in the past five days has decreased by -50 yuan/ton for Thai flour and -30 yuan/ton for Vietnamese flour (sampled brands), with a slight contraction in the weekly turnover ratio (sampled values).
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