Industry
Daesang to cut prices of oligosaccharide and corn syrup products by up to 5 percent
Daesang said on Thursday it will cut prices for its full range of corn-based oligosaccharide and corn syrup products. The company will reduce consumer products, including three types of Cheongjeongwon oligosaccharides and Cheongjeongwon corn syrup, by 5 percent across the board. Prices for business-to-business products will also be lowered by an average of 3 to 5 percent. A company official cited the government’s price-stabilisation stance.