Japan: Starch supply and demand forecast for the 6th year of Reiwa

Press Release 1. Purpose In accordance with the Law Concerning Price Adjustment of Sugar and Starch (Law No. 109 of 1965), the Ministry of Agriculture, Forestry and Fisheries prepares a supply and demand forecast for starch twice a year to ensure appropriate price adjustments. The outlook for future demand and supply is intended to be useful to stakeholders (producers, manufacturers, actual users, etc.). 2. Key points of the outlook for future demand (Starch Year 2024) Taking into consideration recent demand trends, etc., the demand for starch in Year 2024 is expected to be 2,420,000 tons (up 0.4% from the previous year, up 10,000 tons), and the outlook for demand by use is as follows. (1) Saccharified products The demand for saccharified products is expected to be 1,658,000 tons (up 0.3% from the previous year, up 5,000 tons). (2) Modified starch Modified starch Demand for flour is expected to be 234,000 tons (same as last year). (3) Other (paper, beer, potato starch, etc.) ...