According to the Commodity Market Analysis System of SunSirs, after New Year's Day, the domestic DDGS market has significantly declined. As of January 11th, the average market price of domestically produced DDGS was 2,012 RMB/ton, a decrease of 6.4% from the beginning of the month.

After New Year's Day, the demand for terminal feed has weakened, the corn market has weakened, and the substitute soybean meal market has declined. Multiple negative factors have suppressed the domestic DDGS market, leading to a decline in the market. Alcohol factories lack confidence in price support, and the market continues to be weak.

SunSirs agricultural product analyst at SunSirs, believes that terminal bearish sentiment is still present, and the domestic DDGS market will continue to decline in the future.

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