According to monitoring data from SunSirs, after the National Day holiday, the domestic DDGS market has fallen, with prices falling, and the overall decline is close to 5%. On October 1st, the average market price of domestic DDGS was 2,785 RMB/ton. On October 13th, the average market price of domestic DDGS was 2,657 RMB/ton, with a price drop of 4.58%.

After the 11th National Day, terminal aquaculture entered the off-season of consumption, with a decline in demand for DDGS. In addition, the market for raw corn weakened, and domestic DDGS prices from domestic alcohol factories decreased. The market supply was loose, and the DDGS market continued to decline. The average market price of domestic DDGS is around 2,650 RMB/ton, and the price has decreased by about 150 RMB/ton.

SunSirs agricultural product analyst believes that terminal demand is poor and bearish, leading to a weak decline in the domestic DDGS market in the future.

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