DCP Price Has Risk of Declining

By CnAgri2014-02-17 09:31:17 Print DCP：On Feb. 12th 2014, the average price at major production and sales areas is RMB1990Yuan/MT, down 3.63% compared with the week before Spring Festival. With surplus capacity, DCP supply saw great pressure, but downstream consumption was not well especially in Guangdong and Zhejiang, where avian flu restrained feed consumption. Domestic DCP market is predicted to remain weak and price has risk of dropping. (Table 11)



From “China Livestock and Feed Market Weekly Report”