Price trend

According to monitoring data from SunSirs, since April, the domestic DDGS market has continued to decline weakly, with a decline of over 1%. On April 1st, the average market price of domestic DDGS was 2,810 RMB/ton. On April 13th, the average market price of domestic DDGS was 2,770 RMB/ton, with a price drop of 1.42%.

Terminal demand was flat, domestic DDGS market was weak and declining

Since April, the demand for terminal aquatic feed has remained sluggish. DDGS transactions in the market were flat, and the market was weak. The mainstream quotes were mostly from the Northeast region, with an average market price of 2,500 to 2,650 RMB/ton. Some alcohol factories' quotes remained stable, and the overall market situation remained weak and declining.

Market outlook

SunSirs agricultural product analysts believe that the demand for terminal feed was sluggish, and domestic DDGS will still be weak and lower in the future.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.