Domestic DDGS Price Saw Fast Rebound

By CnAgri2013-05-30 11:15:17 Print DDGS：On May 29th, 2013, the average wholesale price of DDGS in main production areas is RMB2,293Yuan/MT, up 4.92% compared with last week. Operating rate of alcohol manufacturers is below 50% and DDGS supply is at low level. Besides, as US disk DDGS price went up with fluctuation supported by great demand, imported DDGS spot price rebound quickly in China. It is predicted domestic DDGS market shall keep strong, which may be suppressed by soymeal price decline later with batch arrival of soybeans and recovery of operating rate of soybean crushing enterprises. (Table 3)

 

From “China Livestock and Feed Market Weekly Report”