DDGS Price To Rebound with Tight Supply

By CnAgri2013-07-26 11:24:22 Print DDGS：On July 24th, 2013, the average wholesale price of DDGS in main production areas is RMB2,394Yuan/MT, up 1.27% compared with last week. DDGS supply was not adequate with low operating rate of alcohol enterprises and the tight condition was worsened by rebound of soymeal spot price and few imports, which supported DDGS price to rebound temporarily. It is predicted domestic DDGS market shall keep strong in short terms but may decline later. (Table 2)

 

From “China Livestock and Feed Market Weekly Report”