The Tapioca Starch Market Analysis

I. Market Review (June 12)

Domestic tapioca starch spot prices remained firm:

Thai Tapioca Starch: ¥4,400-4,850/ton (significant premium for high-end quality)

Vietnamese Tapioca Starch: ¥4,100-4,300/ton (outstanding cost-performance advantage)

Chinese Tapioca Starch: ¥4,000-4,200/ton (supported by raw material costs)

II. Related Products - Corn Starch:

Price drivers: Rebounding corn prices increased production costs, coupled with tight supply-demand conditions (inventory down ~15% YoY), supporting short-term price strength.

Spillover effect: As a substitute, continued corn starch price strength may further boost tapioca starch demand.

III. Outlook

Short-term prices expected to remain stable with upward bias. Key factors to watch:

Weather impact on supply chains in Southeast Asian producing regions

Procurement patterns in downstream industries (food, paper manufacturing etc.)