According to the monitoring of SunSirs, the price of DDGS fell this week. At the beginning of the week, the average price of domestic high-fat DDGS was RMB 1925 yuan / ton. At the end of the week, the average price of domestic high-fat DDGS was RMB 1916 yuan / ton, down 0.43%.

Product: domestic DDGS prices fell this week. The main quotation in Shandong Province is RMB 1950-2150 yuan / ton; the main quotation in Jilin Province is RMB 1850 yuan / ton; the main quotation in Henan Province is RMB 1950 yuan / ton, and the price drops by RMB 50-100 yuan / ton. The quantity of raw corn on the market has increased, the ethanol plants have been started up, the supply has increased, the price of DDGS has been weak, and the weak trend is mainly downward.

Industry chain: the overall turnover rate of state reserve auction fell to 2.24% this week. This year's state reserve auction will end on October 18. After losing policy support, the domestic corn market price will be mainly affected by supply and demand. The old grain will be delivered successively, and the new grain will continue to increase. The domestic corn market will maintain a loose supply situation for some time, and the domestic corn market price as a whole will continue to bear downward pressure. The decline of corn price dragged down DDGS market, which lost its support and the price fell.

DDGS analysts believe that: raw corn performance is poor, terminal demand is average, DDGS market continues to weaken.

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