11 February 2011 06:27 [Source: ICIS news]
Prices were assessed to be stable at $650-700/tonne (€481-518/tonne) FOB (free on board) SE (southeast) Asia on 10 February from the previous month, according to data from ICIS. Most industry sources said they did not expect prices to change much during the rest of the month.
Prices of feedstock tapioca - steady now - could be volatile later in February due to acute tapioca shortages in Indonesia and Thailand from bad weather conditions, traders said.
But this was unlikely to impact the prices of sorbitol as monthly contracts had already been settled, an Indonesian producer said.
Any volatility in tapioca feedstock prices in February would only impact March sorbitol cargo prices, the producer added.
Feedstock tapioca prices in
February was a lull season for sorbitol in
($1 = €0.74/ $1 = Bt30.83/ $1 = Rp8,930)
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