China Corn Prices Rise Moderately
Corn prices in China edged higher as farmers hold back sales and government purchases support inventory. Weak demand from processing and livestock limits gains, keeping the rise modest.
Corn Syrup Price Trend Analysis 2026: Supply Demand Analysis, Market Insights, Historical Prices, Latest News & Price Drivers
Written ByPragati Agarwal
Corn Syrup Latest Development
US Corn Use for Ethanol Up 0.6%
US corn consumption for ethanol production rose 0.6% in September, reflecting steady demand from the biofuel sector. The uptick signals continued support for corn prices.
Corn Syrup Latest Prices October 2026
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Corn Syrup | China | CIF | USD 557.40/MT | October 2026 |
| Corn Syrup | India | FOB | USD 634.88/MT | October 2026 |
| Corn Syrup | USA | CIF | USD 637.26/MT | October 2026 |
| Corn Syrup | Brazil | FOB | USD 570.28/MT | October 2026 |
| Corn Syrup | Canada | CIF | USD 654.47/MT | October 2026 |
| Corn Syrup | China | CIF | USD 566.12/MT | September 2026 |
| Corn Syrup | India | FOB | USD 620.30/MT | September 2026 |
| Corn Syrup | USA | CIF | USD 654.94/MT | September 2026 |
| Corn Syrup | Brazil | FOB | USD 603.79/MT | September 2026 |
| Corn Syrup | Canada | CIF | USD 671.25/MT | September 2026 |
Stay updated with the latest Corn Syrup prices, historical data, and tailored regional analysis
Corn Syrup Price Trend Q3 2026
- Corn syrup prices remained mixed globally in Q3 2026. Higher corn costs pushed prices up, but weak demand and cheap sugar limited the gains.
- Corn is the main feedstock, and drought cut corn supply in key growing areas. Higher energy and carbon costs also raised production costs.
- Demand was mixed. Hot weather boosted beverage and food use in some markets, while sweetener sales stayed soft elsewhere.
Asia
In China, the average prices of Corn Syrup were ~USD 571.59/MT (CIF) in July and ~USD 568.62/MT in August, showing a marginal decrease. India moved higher, with average prices rising about 4.5% from ~USD 576.59/MT (FOB) in July to ~USD 602.53/MT in August. In China, corn stayed weak as state grain sales added supply and feed mills switched to wheat, sorghum and barley. Syrup and starch makers shut plants for maintenance and bought corn only for immediate needs, which kept costs low. In India, El Niño left monsoon rainfall about 15% below normal, which cut the corn crop forecast. Tighter corn supply raised production costs and lifted export offers.
Europe
European syrup makers faced rising costs through Q3. A hot, dry summer damaged the corn crop and raised feedstock costs. Carbon costs rose nearly 29% between March and mid-September, while low gas storage and disrupted LNG flows kept energy costs high. Demand for starch sweeteners was exceptionally strong in summer as heatwaves boosted beverage and food consumption. EU starch product imports fell, which kept regional supply tight.
North America
In the USA, average corn syrup import prices stood at nearly USD 579.84/MT (CIF) in July and rose to roughly USD 605.93/MT in August, a gain of ~4.5%. Canada saw the same trend, with average prices rising from ~USD 594.10/MT (CIF) to ~USD 620.84/MT in the first two months of Q3’26. The main driver was corn cost, as drought and heat cut US crop prospects and corn futures rose about 5% in August. However, liquid sweetener demand stayed weak, and producers reported lower volumes and margins. Cheap sugar also limited how much of the higher corn cost sellers could pass on. In Mexico, the main US export market, sugar output rose 12%, giving corn syrup more competition.
Analyst Insight
According to Procurement Resource, corn syrup prices are likely to stay firm on tight corn supply and high energy costs. Cheap sugar and soft demand should limit further gains.
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- Global corn syrup markets were mixed during Q2’26, with moderate gains in Asia and North America despite softer bulk-sweetener fundamentals across major consuming markets.
- Feedstock conditions remained generally comfortable as ample corn and starch availability limited production-cost pressure, although regional processing and operating expenses still supported supplier offers.
- Downstream demand stayed cautious, while U.S. corn stocks rose 14% year on year by June, limiting raw-material tightness despite steady food-industry consumption levels.
Asia
In China, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 575.00/MT in June, showing a ~1.7% increase. The modest rise occurred despite strong competitive pressure from imported sweeteners. China imported 516,000 tonnes of syrup and sugar premixes during January-May, up 50.6% year on year, increasing domestic availability and restricting stronger gains. Adequate corn-starch supply and cautious food and beverage procurement also kept market movement limited. In India, the prices of Corn Syrup were ~USD 555.40/MT in April and ~USD 576.00/MT in June, showing a ~3.7% increase. Regional processing costs and steady food-sector procurement supported a firmer trend, although abundant Asian sweetener availability capped stronger upward pressure.
Europe
European corn syrup conditions remained stable-to-soft as lower bulk sweetener pricing and muted customer demand outweighed elevated energy and conversion costs. Regional starch biorefineries process around 22 million tonnes of domestically grown crops annually, providing a substantial raw-material base and reducing shortage risk. Large processing capacity kept supply adequate, while weak food-industry purchasing limited producers’ ability to sustain stronger increases.
North America
In the United States, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 580.00/MT in June, showing a ~2.6% increase. Meanwhile, in Canada, the prices of Corn Syrup were ~USD 575.40/MT in April and ~USD 594.00/MT in June, showing a ~3.2% increase. Feedstock availability remained comfortable, with June corn stocks reaching 5.29 billion bushels, up 14% year on year according to USDA. However, weaker liquid-sweetener volumes and softer food and industrial ingredient demand restrained gains. Production disruptions at a major corn-processing facility provided some supply-side support, helping maintain a modest upward trend.
About Corn Syrup
Corn syrup, or glucose syrup, is a sweet and viscous food syrup made by the breakdown of a source of starch like corn, rice, potato, rice etc. It is a colourless and odourless liquid mainly used as a sweetener in foods and also added volume while softening the texture.
Corn Syrup Product Detail
HS Code
17026090
Chemical Formula
C57H104O9
CAS Number
8029-43-4
Molecular Weight
180.156 g/mol
Industrial Uses
As a substitute for sucrose, in candy making to control crystallization, in confections and ice cream to provide pliability, among others.
Synonyms
Glucose Syrup, Corn Syrup (Glucose), Syrups, Hydrolyzedstarch, Maize syrup
Supplier Database
Archer Daniels Midland Company, Cargill, Incorporated, COFCO Corporation, Ingredion Incorporated, Kent Corporation, Luzhou Bio-chem Technology Limited, Roquette Freres, and Tate and Lyle PLC.
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Corn Syrup Production Processes
Corn syrup is produced by converting corn starch into syrups through enzyme hydrolysis. Wet starch is mixed with a weak hydrochloric enzyme to break down the starch molecules, resulting in corn syrups. The syrups undergo filtration and refining for desired quality.
Our Price Analysis Methodology
About the Author
Pragati Agarwal
Senior Business Insights Analyst
Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.
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