- Global corn syrup markets were mixed during Q2’26, with moderate gains in Asia and North America despite softer bulk-sweetener fundamentals across major consuming markets.
- Feedstock conditions remained generally comfortable as ample corn and starch availability limited production-cost pressure, although regional processing and operating expenses still supported supplier offers.
- Downstream demand stayed cautious, while U.S. corn stocks rose 14% year on year by June, limiting raw-material tightness despite steady food-industry consumption levels.
Asia
In China, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 575.00/MT in June, showing a ~1.7% increase. The modest rise occurred despite strong competitive pressure from imported sweeteners. China imported 516,000 tonnes of syrup and sugar premixes during January-May, up 50.6% year on year, increasing domestic availability and restricting stronger gains. Adequate corn-starch supply and cautious food and beverage procurement also kept market movement limited. In India, the prices of Corn Syrup were ~USD 555.40/MT in April and ~USD 576.00/MT in June, showing a ~3.7% increase. Regional processing costs and steady food-sector procurement supported a firmer trend, although abundant Asian sweetener availability capped stronger upward pressure.
Europe
European corn syrup conditions remained stable-to-soft as lower bulk sweetener pricing and muted customer demand outweighed elevated energy and conversion costs. Regional starch biorefineries process around 22 million tonnes of domestically grown crops annually, providing a substantial raw-material base and reducing shortage risk. Large processing capacity kept supply adequate, while weak food-industry purchasing limited producers’ ability to sustain stronger increases.
North America
In the United States, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 580.00/MT in June, showing a ~2.6% increase. Meanwhile, in Canada, the prices of Corn Syrup were ~USD 575.40/MT in April and ~USD 594.00/MT in June, showing a ~3.2% increase. Feedstock availability remained comfortable, with June corn stocks reaching 5.29 billion bushels, up 14% year on year according to USDA. However, weaker liquid-sweetener volumes and softer food and industrial ingredient demand restrained gains. Production disruptions at a major corn-processing facility provided some supply-side support, helping maintain a modest upward trend.