On-the-Ground Update

Corn Starch Price is Increasing Indonesia

Lucas Sumantri
Published Sep 23, 2022
Sourcing corn starch these days is quite challenging for Indonesian importers as there is less availability and prices are increasing. Indonesia usually acquires corn starch from China, but this season, the price in China increased significantly due to less availability. The price of Chinese corn starch in Indonesia for W35 was between USD525-USD530 per MT, but it increased to USD580-USD600 per MT in W37. The increasing corn starch prices have Indonesian importers exploring new supplying countries. Many importers are looking to source from Turkey.
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