According to the monitoring data of the Business Agency, the domestic DDGS market has been weakening since January. At the beginning of the month, the average market price of domestic DDGS was 3,133 RMB/ton. On January 17, the average market price of domestic DDGS was 3,083 RMB/ton, down 1.6%.

After January, the stock of large pigs in the breeding industry increased, the demand in the feed industry was in the off-season, the domestic DDGS market was poor, and the price continued to decline. Near the Spring Festival, the alcohol factory started normally, and some of them did not offer prices to the outside world. The domestic DDGS market traded generally, and the goods were flat.

SunSirs agricultural product analyst believes that the demand for terminal feed is flat, and the domestic DDGS will still be weak in the future.

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