Market Overview - Corn starch futures experienced high volatility, with the main contract reported at 2530.00 CNY, a slight increase of 0.60% [1] - As of January 7, the Dalian Commodity Exchange reported 12,477 corn starch futures warehouse receipts, an increase of 122 from the previous trading day [1] Positioning Data - On January 7, the top 20 futures companies held a total of 156,800 long positions and 196,100 short positions, resulting in a long-to-short ratio of 0.8 [1] - The net position decreased by 3,625 contracts to -39,200 contracts compared to the previous day [1] Price Comparison - The spot price for corn starch in Changchun, Jilin, was quoted at 2,620.00 CNY/ton, which is 82.0 CNY/ton higher than the futures main price of 2,538.00 CNY/ton [1] Institutional Insights - Starch prices are performing relatively weaker than corn, with stable spot prices across regions and minor declines in various contracts [2] - Despite a loose supply-demand situation in the starch industry, the price gap is at a low level, and there are signs of improvement in downstream consumption [2] - The narrowing space for the starch-corn price gap suggests a cautious bullish outlook, with recommendations for conservative investors to observe and aggressive investors to hold previous long positions [2]
行业供需依然宽松 玉米淀粉期价持谨慎看多观点
Jin Tou Wang·2026-01-08 03:01