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SunSirs: Terminal Demand is Sluggish, China's Domestic DDGS Weakly Declines
December 09 2021 09:17:10SunSirs(Linda)

Since December, the domestic DDGS market has continued to be weak, and prices have continued to fall. At the beginning of the month, the average market price of domestic DDGS was 2,433 yuan/ton. On December 8, the average market price of domestic DDGS was 2,416 yuan/ton, and the price dropped by 0.68%.

Terminal aquaculture has entered the off-season, feed demand has declined, domestic DDGS has risen weakly, and alcohol plants have insufficient confidence in the price of DDGS, and prices have continued to fall. The mainstream quotation has fallen to the first line of 2,400 yuan/ton.

Among them, the mainstream quotation of domestic DDGS in Henan is 2,450 yuan/ton, the mainstream quotation of DDGS in Shandong is 2,400 yuan/ton, and the mainstream quotation in Jilin is 2,400 yuan/ton. The overall market decline is about 50 yuan/ton.

The demand for terminal feed is sluggish, and the market outlook for domestic DDGS continues to weaken.

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