According to the Commodity Market Analysis System of SunSirs, after May Day, the domestic DDGS market has rebounded and ushered in an upward trend. On May 1st, the average market price of domestic DDGS was 2,100 RMB/ton. On May 10th, the average market price of domestic DDGS was 2,137 RMB/ton, an increase of 1.79%.
After the May Day holiday, the rigid demand for terminal aquaculture increased, and the DDGS market transactions improved. The overall DDGS quotation of the alcohol factory has increased. Among them, the overall price of DDGS in Henan region is 2,150 RMB/ton, with a price increase of 50 RMB/ton; The mainstream quotation for DDGS in Heilongjiang region is 2,100 RMB/ton, with a price increase of 50 RMB/ton; The average market price of domestically produced DDGS in Jilin region is 2,200 RMB/ton, an increase of 30 RMB/ton.
SunSirs agricultural product analysts believe that after May, the demand for terminal aquatic feed will gradually decline, and the domestic DDGS market may be weak and downward.
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