Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In September 2023,  Potato Starch  Prices gracefully decreased by 1.67%, exhibiting a contrast to July levels. The third quarter saw a decline in business activity in the United States, driven by weakened demand from both local and foreign markets. In August, inflation in the United States reached 3.7%, marking the first increase since June 2022. A sharp surge in energy costs at the end of the summer contributed to the rise in prices, intensifying the impact on consumer confidence. These inflationary pressures indicate a departure from the Federal Reserve's 2% target rate, prompting authorities to contemplate raising interest rates later in the year. In July, the Federal Reserve increased its key policy interest rate by 0.25%, the eleventh such increase in 17 months, aimed at addressing persistent inflation. Despite these efforts, inflation remained high in September, primarily due to surging gas and rental prices, placi...

For the Quarter Ending June 2023 North America: In the second quarter of 2023, the US  potato starch  market witnessed fluctuations in price and market conditions. The initial two months of the quarter experienced consistent price growth, attributed to intricate supply and demand dynamics. The intensified demand from end-user suppliers created a modest potato starch shortage in domestic warehouses, consequently driving prices higher. Post the termination of the zero-resistance policy against COVID-19, trade between Asia and the United States surged. However, by early June, prices began to decline, marking a significant slowdown in the development of the US potato starch market. The market sentiment grew somber due to declining demand from local downstream industries. Against this backdrop of weakened demand, excessive inventories compelled suppliers to offer products at reduced prices. With falling prices, traders are hesitant to commit to bulk orders, as further price drops a...