According to the Commodity Market Analysis System of SunSirs, starting from mid January, the domestic DDGS market continued to decline weakly. On January 15th, the average market price of domestic DDGS was 1,962 RMB/ton. On January 24th, the average market price of domestic DDGS was 1,875 RMB/ton, a decrease of 4.46%.

Starting from mid January, the domestic DDGS market continued to decline weakly. Alcohol factories lack confidence in price support, resulting in weak demand for terminal feed and a weakening market for raw corn. The domestic DDGS market continues to decline. The average market price has dropped to 1,800-1,900 RMB/ton, with a market decline of over 4%.

Agricultural product analysts from SunSirs believe that there is poor terminal demand and bearish sentiment, and the domestic DDGS market will continue to operate weakly in the future.

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