According to the data monitoring of SunSirs, since December, the domestic DDGS market has continued to decline in a weak way. At the beginning of the month, the average market price of domestic DDGS was 3,216 RMB/ton. On December 20, the average market price of domestic DDGS was 3,170 RMB/ton, down 1.45%.

Since December, the demand for aquatic feed has been sluggish, the alcohol factory lacks confidence in price support, and the price of raw corn and soybean meal has been retreated successively, with multiple negative factors leading to the weakening of domestic DDGS market. The mainstream price of DDGS in the domestic market is about 3,200 RMB/ton, the market fluctuation is small, the transaction is average, and the goods are sold evenly.

In the middle and late ten days, the demand of the terminal feed industry turned weak, DDGS procurement was cautious, DDGS delivery was average, the alcohol factory lowered the DDGS factory price, and the domestic DDGS market continued to weaken, with the mainstream quotation of 3,170 RMB/ton.

SunSirs agricultural product analyst believes that the demand of the terminal feed industry is sluggish, and the price of domestic DDGS will still be weak in the future.

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