Material Insights · Understanding the Material World

Starch and cellulose derivatives: Trading

Where starch prices are reported, and why few are public

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • US, EU and China maize starch
  • Thailand and Vietnam tapioca starch
  • India maize starch

Who sells, and from where

  • Food and beverage makers
  • Paper and board mills
  • Textile mills
  • Pharma
  • Fermentation plants

Price benchmarks

BenchmarkPublisherBasis
none widely public for starchtrade press; IMARC and ChemAnalyst (paid)monthly

Exchanges

VenueContractNotes
Dalian Commodity Exchangecorn starch futures, 10 t (indicative)China's starch futures; CBOT and Dalian maize futures used as hedges

Contract types

  • Annual and quarterly contracts with food and paper majors
  • Spot sales to small users
  • Formula pricing against maize for large buyers (indicative)

Traders and distributors

  • Thai starch exporters; Indian exporters to Southeast Asia and the Middle East (indicative)

How Indian buyers price it

  • Domestic prices follow Indian maize mandi prices and ethanol demand
  • Exports priced against Thai tapioca and Chinese maize starch

Recent price points

DatePriceBasisSource
Q1 2025RMB 2,123-2,263/tChina maize (feedstock)Faxian Gongchang 2026
2024about $250/tChina import unit value of cassava roots and chips (feedstock)UN Comtrade via cassava tile

Good sources to follow

World Bank Commodity Markets (Pink Sheet)free research site · World Bank Prospects Group

Monthly maize price

Indian Chemical Newsfree newsletter · Indian Chemical News

Indian chemical and starch company news

Chem in Digestfree newsletter · Chem in Digest

Indian chemical industry news including bio-based projects

farmdoc dailyfree blog · University of Illinois

US maize markets that set starch costs