Uncertainty and fears about supply security drive starch prices higher across Europe

Contracted native starch products remain available at top prices

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The market for starch products in recent weeks has been hectic and characterised by worries about availability. Industry experts say there have been many layers of uncertainty for suppliers and buyers. The economic shockwaves from the Ukraine crisis are weighing heavily on the industry. Attention was initially focused on the starch capacity outages in the region as well as the disrupted transport chains. But industry players are also worried about the future flow of raw materials from Russia and Ukraine. Market participants comment that there are no aspects of the market “functioning normally” right now. In particular, buyers of native cereal starches in Central Europe are worried about future availability. ...

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