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卓创资讯:成本压力向下游传导不畅玉米淀粉行业亏损压力增加
Xin Lang Cai Jing· 2025-08-05 03:10
Core Viewpoint - The domestic corn starch spot market is experiencing a strong price trend, with transaction focus gradually shifting upward due to low raw corn supply and increased purchasing prices by major deep processing enterprises, which is enhancing raw material cost support [1] Group 1: Market Dynamics - The low supply of raw corn is leading to high cost pressure, which is affecting the corn starch industry [1] - As of late July, the impact of state grain reserves' corn auctions is diminishing, and adverse weather conditions are improving traders' sentiment, resulting in reduced willingness to sell corn at low prices [1] - The decrease in corn supply is causing a decline in the ability to transfer costs downstream, increasing the loss pressure in the corn starch industry [1] Group 2: Profitability and Cost Pressure - The processing profit margins in the domestic corn starch industry are under increasing pressure due to the high prices of raw corn and unstable supply from new grain [1] - Major enterprises are adopting a strong price-holding mentality, which is effectively supporting the corn starch spot market prices [1]