According to the monitoring of SunSirs, the price of DDGS continued to fall this week. The average price of domestic high-fat DDGS at the beginning of the week was RMB 1916 yuan / ton, while the average price of domestic high-fat DDGS at the end of the week was RMB 1906 yuan / ton, down 0.52%.

Product: domestic DDGS prices fell this week. The main quotation in Shandong is RMB 1950-2100 yuan / ton, with a price drop of RMB 50 yuan / ton; the main quotation in Jilin is 1800 yuan / ton, with a price drop of 80 yuan / ton; the main quotation in Henan is RMB 1860 yuan / ton, with a price drop of RMB 90 yuan / ton. The terminal demand is low, the listing of raw corn is increasing, and the negative pressure, DDGS prices continue to decline.

Industry chain: the overall turnover rate of SDR auction is still low this week, and the turnover rate of SDR corn was 3.13% on the 17th. Old grain has been out of stock, and new grain has been listed on the market. Although corn prices have increased slightly under the influence of the period price, the boost effect on DDGS is limited.

SunSirs analysts of DDGS believe that: with centralized listing of raw corn, increased supply and sluggish terminal demand, the rising market of DDGS is still under pressure.

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