North America Corn Starch Prices Movement Q3:

Corn Starch Prices in United States:

The Corn Starch prices in the United States for Q3 2024 reached 3140 USD/MT in September. The region experienced a significant price decline, primarily driven by weak demand and an oversupply of products. End-users showed little interest in stockpiling, focusing instead on fulfilling immediate needs, which further reduced market activity. In response to the subdued buyer interest, manufacturers scaled back production levels to address the oversupply issue and prevent further price drops. This cautious approach by both producers and consumers reflected broader market uncertainties, creating a challenging pricing environment. Despite efforts to stabilize the market, the lack of strong demand kept prices low throughout the period, highlighting the impact of supply-demand imbalances.

APAC Corn Starch Prices Movement Q3:

Corn Starch Prices in China:

In September 2024, corn starch prices in China for Q3 settled at 430 USD/MT. In Q3 2024, corn starch prices in China experienced a significant decline, influenced by ongoing economic pressures and persistent supply chain challenges. Midway through the quarter, operational disruptions at production plants further exacerbated the downward trend, leading to reduced market activity. The combination of weak industrial demand and abundant supply added to the bearish sentiment in the market. Buyers adopted a cautious approach, limiting bulk purchases and focusing on immediate needs. These factors collectively shaped a volatile pricing environment, reflecting the broader economic uncertainties and operational hurdles that defined the quarter’s outlook for corn starch in the region.

Europe Corn Starch Price Movement:

In Germany, corn starch prices in Q3 2024 were recorded at 680 USD/MT by September. In Q3 2024, corn starch prices in Germany experienced a notable decline, closing at 680 USD/MT in September. The primary factors behind this drop were an oversupply in the market and lower production costs, which reduced pricing pressures. Economic uncertainties across Europe prompted buyers to adopt a cautious purchasing approach, curbing demand and exacerbating the price decline. Additionally, disruptions in supply chains and fluctuating raw material availability contributed to the bearish market sentiment. This downward trend in prices reflected broader challenges in the European market, highlighting the impact of both macroeconomic conditions and sector-specific dynamics on pricing behavior.

MEA Corn Starch Prices Movement Q3:

UAE Corn Starch Price Movement:

In the UAE, corn starch prices for Q3 2024 were recorded at 450 USD/MT in September In Q3 2024, the UAE's corn starch market saw significant price hikes due to a combination of factors. Higher raw material costs, driven by global supply chain disruptions, pushed production costs upwards. Increased demand from the region's economic expansion further fueled the price rise, while production facility closures restricted supply. Additionally, rising transportation expenses added further pressure on costs, limiting the availability of imported goods. These factors combined to create a strong upward pricing trend in the UAE, with demand sustaining the positive market outlook throughout the quarter.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Corn Starch Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Corn Starch price trend, offering key insights into global Corn Starch market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Corn Starch demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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