The Overall Margins of Corn Starch Processing were Lower than Last Month

Although the corn costs were lower than last month, the price of corn starch and by-products decreased much sharply. The processing margin of corn starch enterprises in September dropped from last month. In detail, the average monthly profit of corn starch processing was 54 yuan/ton, which was a decrease of 104 yuan/ton from last month.
 
Additionally, the average processing benefit of corn starch processing enterprises in Jilin Province was 170 yuan/ton monthly, down 170 yuan/ton MoM; while margins of processing enterprises in Shandong Province in September was -65 yuan/ton, seeing an revenue decrease of 30 yuan/ton from the previous month.