Key Highlights
-
Corn Starch demand declined in August xxxx due to cautious procurement and reduced buying from key sectors.
-
Corn Starch supply remained abundant, supported by increased production and stable manufacturing operations.
-
Export interest in Corn Starch weakened amid global uncertainty and prior stockpiling in overseas markets.
-
Elevated inventories and smooth logistics ensured consistent availability of Corn Starch across domestic channels.
-
Seasonal trends and global developments are expected to influence future Corn Starch pricing and demand recovery.
On the demand side, in August xxxx, the Corn Starch demand in South Africa was weakened significantly due to careful procurement policies and sluggish export performance. The major consumer industries like pharmaceuticals, food and personal care reduced the purchases of Corn Starch citing adequate stocks and less demand in the short run. Stock levels held by importers were also sufficient to disincentivize new purchases and decreased overall market activity. Although logistics and supply...
