DDGS Price to Further Decline with Weak Meal Market

By CnAgri2014-03-25 09:42:54 Print DDGS: On Mar. 19th 2014, the average wholesale price of DDGS in main production areas is RMB2,159Yuan/MT, down 1.31% compared with last week. Some alcohol enterprises were forced to stop production with sluggish market, which to some extent relieved DDGS supply pressure. But downstream demand for DDGS kept weak and it was suppressed by declining protein raw material market. Therefore, domestic DDGS market is predicted to decline with fluctuation. (Table 3)



From “China Livestock and Feed Market Weekly Report”