Price trend

According to the monitoring data of SunSirs, the domestic DDGS market had continued to decline in a weak way since February. At the beginning of the month, the average market price of domestic DDGS was 3,083 RMB/ton. On February 22, the average market price of domestic DDGS was 2,900 RMB/ton, and the price fell 5.95%

Terminal demand was flat, and domestic DDGS market was weak and downward

Since February, the demand of the terminal aquatic feed industry had been in the slack season, and the domestic DDGS market lacked power to rise, and the price continued to decline, with the overall decline of more than 5%. The negative factors dampened, the alcohol factory lacked confidence in price supporting, the market shipment was flat, and the transaction was average. The domestic DDGS market was dominated by the overall weak decline, with the mainstream quotation of 2,850-3,000 RMB/ton and the overall decline was 100 RMB/ton. The actual order is negotiable.

Market outlook

According to the agricultural product analysts of SunSirs, the demand for terminal feed has entered the off-season, and domestic DDGS will continue to decline in the future.

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