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Lack of Supply, DDGS Market To Go Strong

China Agriculture Report By CnAgri2013-05-23 11:00:44China Agriculture Report Print DDGSOn May 22nd, 2013, the average wholesale price of DDGS in main production areas is RMB2,238Yuan/MT, up 3.17% compared with last week. Operating rate of alcohol manufacturers kept at a low level, so DDGS supply was little. What’s more, the operating rate is predicted to go further down, which worsen supply condition of DDGS. In addition, spot price increase of soymeal also drove DDGS price to go up. It is predicted domestic DDGS market shall keep strong. (Table 3)



From “China Livestock and Feed Market Weekly Report”
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