Inadequate Supply Supported DDGS Price Up

By CnAgri2013-07-19 14:06:07 Print DDGS：On July 17th, 2013, the average wholesale price of DDGS in main production areas is RMB2,364Yuan/MT, up 0.21% compared with last week. Operating rate of alcohol manufacturers was only 40% and some deep processing enterprises stopped production for maintenance. So supply of DDGS was not adequate, which played supports to the price. It is forecast DDGS market shall keep strong and the price shall continue rising. (Table 2)

 

From “China Livestock and Feed Market Weekly Report”