On-the-Ground Updates

Corn Starch Price Decreased in W40 Due to the Weakening of Indonesian Rupiah

Maize (Corn) Starch
Indonesia
Market & Price Trends
Lucas Sumantri
Published Oct 5, 2022
The price of local corn starch in W40 in Indonesia stands at USD 0.45/kg, which is significantly lower than the price of imported corn starch due to the recent weakening of the Indonesian Rupiah at Rp 15,225 for USD 1. Thus, many buyers are recalculating their importation costs compared to sourcing locally.

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