Maltose Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Maltose in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Maltose Price Trend for the Second Half of 2023

Maltose is a natural disaccharide that is prepared by hydrolyzing and condensing starch molecules; hence, maltose’s market behavior is usually in alliance with the starch market trends. The price trend was observed to vary through both quarters. The third quarter was steadier and more stable compared to the fourth quarter since the supply and demand outlooks were more equal during this time.

Maltose Price Chart

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The various geopolitical inhibitions of the fourth quarter as a new war front opened in the Middle East complicated the global trade situation, curtailing the global maltose and feedstock corn and potato transportation. Thus, the prices came down in the fourth quarter. Overall, mixed market trends were witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Maltose price trends are expected to continue fluctuating going forward. The current supply factor will play a major role in driving the pricing fundamentals in the coming months.

Maltose Price Trend for the First Half of 2023

Maltose consists of two glucose molecules and is obtained as a side product of starch degradation and is also obtained during the malting process of several grains such as barley, etc. It is widely employed in the brewing process and in the production of malt extracts. In addition to this, due to its mild sweetness and distinctive flavor, maltose is also used in the culinary sector as a sweetener and flavor enhancer in a variety of products such as candies, syrups, and baked goods.

In the first two quarters of 2023, the price trend of maltose was dependent on the market trend of food products such as starch and other sources from which maltose is derived. The demand for food materials consisting of starch and maltose increased after the revival of global markets, which positively influenced maltose prices. In addition to this, the inflation observed in the food industry due to the falling condition of the global economy and the rise in energy production costs also helped in the surge in the prices of maltose.

Analyst Insight

According to Procurement Resource, the price of Maltose is estimated to oscillate in the upcoming quarter, closely following the market trend of starch-containing food products.

Maltose Price Trend for the Second Half of 2022

In 2022, the overall maltose syrup market remained weak and in a volatile situation. In the third quarter, the overall operation of malt syrup weakened. Even though the demand for beer syrup was high, the continuous declining prices of raw materials did not provide the necessary cost pressure required to sustain high prices. Hence, the price trend for maltose syrup kept weak in the third quarter.

However, the maltose syrup market stabilized, and the prices rose in the fourth quarter. After National Day, the demand was off-season, and the food industry did not see any significant start. The country was affected by the pandemic wherein the logistics and transportation suffered. Some large factories limited production and shut down. It had a great impact on the supply and demand of the syrup market; however, raw materials continue to operate at a high level causing the prices to rise to continue, and the unit price of syrup was relatively strong under the boost of costs.

Analyst Insight

According to Procurement Resource, the price trend for maltose are expected to remain volatile in the coming months. Entering 2023, the overall starch industry is still relatively negative, the production capacity is sufficient, and the price of raw corn is acceptable, which will hardly provide a positive cost pressure. Hence, the prices are likely to fluctuate at a low level.

Maltose Price Trend For the First Half of 2022

Maltose prices averaged 4090 yuan/ton in the said period owing to the rise in feedstock prices and supply-side constraints. In June, the raw material prices were at an all-time high. With high enterprise operating pressure and the constant downstream demand, the price trend remained afloat.

The average maltodextrin price in Shandong was 4,800 RMB/MT. Maltodextrin's high price was supported by a lack of supply and rising corn prices. The average price of 75% maltose syrup in the Shandong market averaged 3081 RMB/MT during the said period.

Procurement Resource provides latest prices of Maltose. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.