DDGS Market Price Going High

By CnAgri2012-12-13 11:39:14 Print DDGS：On Dec. 12, 2012, the average wholesale price of DDGS in main production areas is RMB2,239Yuan/MT, 6.99% up than previous week. recently domestic DDGS market price kept going up. With the idea of buying when price is high and not buying when price is low, rising price made market deal more active. But consumption in alcohol market was not that active, keeping operating rate of alcohol enterprises at a low level. Domestic DDGS market price shall be stiffened recently and is likely to rise with insufficient supply of DDGS. (Table 3)

   

From “China Livestock and Feed Market Weekly Report”