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SunSirs: Increased Demand, China Domestic DDGS Market is Rising
March 08 2024 10:42:55SunSirs(Selena)

According to the Commodity Market Analysis System of SunSirs, the domestic DDGS market has seen an upward trend since March. On March 1st, the average market price of domestic DDGS was 1,927 RMB/ton. On March 7th, the average market price of domestic DDGS was 1,987 RMB/ton, an increase of 3.11%.

Starting from March, the domestic DDGS market has seen an improvement, with prices rising. The demand for terminal feed has improved, the market for raw corn has remained strong, and the domestic DDGS market has seen an improvement. The average market price has risen to 1,900-2,000 RMB/ton, with a market increase of over 3%.

Agricultural product analysts from SunSirs believe that starting from mid March, the demand for terminal feed will gradually recover, and the domestic DDGS market is expected to continue to rise in the future.

 

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

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