Modified Starch Price Trend and Forecast

Modified Starch Regional Price Overview

Get the latest insights on price movement and trend analysis of Modified Starch in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Modified Starch Price Trend for First Half of 2023

The prices of modified starch depended on the market activities of cereals as it is derived from grains such as wheat, maize, potatoes, etc. In the majority of cereal-producing states, the market and, in turn, the prices of modified starch witnessed a fluctuating trend. Countries like India, which stands as one of the major exporters of agricultural produce, had to restrict its export rates to curb rising inflation in the food market.
 

Modified Starch Price Chart

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The hike in rates of cereal was a direct result of rising food prices along with falling economic conditions that pressured the growth of modified starch price trend. Also, amid constrained demand, weak rates of consumption, strict monetary policies, and severe disruptions in the supply chains, modified starch prices struggled to maintain their momentum in the first and second quarters of 2023 and ultimately followed a declining trajectory globally.

Analyst Insight

According to Procurement Resource, the price of Modified Starch is expected to depict a mixed trend as the global economic conditions do not seem to be supporting the growth of cereals, and with their constrained supply, the price trend of modified starch will likely face southwards.

Procurement Resource provides latest prices of Modified Starch. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.