Cassava Starch prices displayed mixed trends in the initial half of 2023. Sourced directly from cassava roots, its pricing closely mirrors cassava price shifts. In Asia, prices trended upwards, buoyed by strong Chinese demand driven by record yields. Conversely, in South America, particularly Brazil, prices initially rose but then steadily fell due to reduced downstream demand. The market observed modest price fluctuations, presenting varying trajectories in different regions.
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Definition
Cassava Starch is a fine white powder extracted from cassava roots; a starchy tuber widely cultivated in tropical regions. The root is processed to remove fibers and impurities, resulting in a versatile starch with binding and thickening properties. Used in various industries, including food processing, textiles, and pharmaceuticals, cassava starch serves as an essential ingredient for enhancing texture, consistency, and other functional properties in diverse products.
Key Details About the Cassava Starch Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Cassava Starch in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Cassava Starch Price chart, including India Cassava Starch price, USA Cassava Starch price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Cassava Starch Price Trend:
Cassava Starch finds pivotal roles in several industries. It serves as a vital thickening and binding agent in food processing, contributes to textile production, and plays a crucial role in pharmaceutical formulations. Its versatility extends to diverse applications, making it a valuable component across various sectors.
Key Players:
- TCS Tapioca Starch Industry Co. Ltd.
- PT Buda Starch & Sweetener
- SPAC Tapioca
- Sunrise International, Inc
- Sanguan Wongse Industries Co., Ltd
- Archer-Daniels-Midland Company
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