DDGS Price Continued Declining After Spring Festival

By CnAgri2014-02-21 14:19:29 Print DDGS: On Feb. 19th 2014, the average wholesale price of DDGS in main production areas is RMB2,191Yuan/MT, down 1.96% compared with last week. After Spring Festival, domestic DDGS price continued going down ans alcohol price declined as well, which exacerbated loss of alcohol processing enterprises and operating rate declined further more. Thereby, DDGS supply will drop in the market, underpinning price. (Table 2)



From “China Livestock and Feed Market Weekly Report”