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SunSirs: DDGS Rose Slightly (9.9-9.13)
September 18 2019 14:30:39SunSirs(Eva)

According to SunSirs monitoring: DDGS prices rose slightly this week, the average domestic high-fat DDGS price at the beginning of the week was RMB 1976/ton, and the average domestic high-fat DDGS price at the weekend was RMB 1983/ton, with a price increase of 0.34%.

Products: This week, the alcohol factory is still in good supply. Before the Mid-Autumn Festival, the price of corn is limited, and the price of DDGS is still strong. Among them, Heyang alcohol quoted RMB 2050/ton, the market is stable; Shandong Yingxuan quoted RMB 2150/ton, the market is stable; Shandong Runsheng quoted RMB 2000/ton, the price rose RMB 50/ton; Jilin Dongfeng quoted RMB 1880/ton, the market is stable.

Raw Material Corn: New-season Corn will be on the market soon, the market is in a stable transition, prudent purchasing and selling, the domestic corn market supply is relatively loose, and the price of corn market is stable and weak.

DDGS analysts believe that the new season corn market, raw material prices rise weak, DDGS price rise space is limited, alcohol plant shutdown and repair, DDGS prices in the future will be weak downward.

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

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