IndustryThe latest (July 2) production and market situation of Thai cassava and starch
The following is the latest production and market situation of Thai cassava and starch as investigated by this website on July 1st, for your analysis and reference:
Fresh Cassava Supply: Affected by the continuous closure of border ports between Thailand and Cambodia, the recent market supply of fresh cassava has remained insufficient.
Fresh Cassava Quality: Overall quality is good, with moderate sand content, stable starch content. Korat region: 22.5–23.5% (-0.0).
Fresh Cassava Prices: Korat East: 1.80–2.15 (high end -0.0), Khon Kaen: 1.70–1.95 (-0.0) (Baht/kg).
Operational Factories: As of July 1st, 65 factories are in operation, accounting for 63.1% of the total, a decrease of 1.9 percentage points compared to last week.
Production Status: Insufficient raw material supply, capacity at around 66%, starch extraction rate 22.7–23.7% (-0.0 percentage points).
Market Situation: Factory inventory slightly decreased week-on-week, and the domestic cassava starch market in Thailand showed a volatile and stable trend.
Domestic Starch Prices: As of last weekend, regular grade: 12.7–12.9 (+0.0), high-quality grade: 13.0–13.2 (+0.0) (Baht/kg).
Bangkok Export Prices: As of last weekend, regular products: 383–393 (+0), high-quality products: 405–415 (+0) (FOB USD/ton).
Other Notes: Due to the lack of cassava imports from Cambodia, the supply of fresh cassava raw materials in Thailand has continued to be insufficient.
Summary: Last week, in terms of production, starch output continued to decline compared to the previous week, and finished product inventory also decreased (sampled data). In terms of exports, affected by factors such as high inventory at Chinese ports and lukewarm demand, the export market of Thai starch remained in a volatile wait-and-see trend. The average price of sampled brands closed flat (Bangkok regular grade FOB +0 USD/ton). Meanwhile, the actual FOB shipment volume of starch to China continued to shrink compared to the previous week.
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