Market News on October 7, 2024

real-time info:

During the holiday season, the domestic cassava starch market has moderately rebounded, with prices stabilizing and slightly rising. Among them, the average price of low-end flour in Qingdao has increased by 20-30 yuan/ton, while the price of mid to high end flour has remained stable.

It is predicted that the market will continue to maintain a moderate recovery trend for a short period of time after the holiday (mainly due to increased demand for vermicelli and bamboo production, as well as manufacturers replenishing their positions), but the good times may not last long, and the overall market trend in the future is uncertain

Not easily optimistic!