According to the monitoring data of the business community, since the end of May, the domestic DDGS market has declined weakly, and the mainstream quotation has fallen below 2900 yuan / ton. On May 25, the average market price of domestic DDGS was 2940 yuan / ton. On June 8, the average market price of domestic DDGS was 2883 yuan / ton, down 1.93%.

Demand supports domestic DDGS market to continue to rise

Since the end of May, the demand for terminal aquatic feed has gradually weakened, the market transaction is general, the alcohol factories are not confident in raising prices, and they have lowered the DDGS ex factory prices one after another. The domestic DDGS market fell weakly, falling to 2900 yuan / ton, a drop of more than 1%. Since June, the domestic DDGS market continued to decline until after the Dragon Boat Festival, the domestic DDGS price fell to 2880 yuan / ton, a decrease of nearly 2%.

Li Bing, an agricultural product analyst at the business community, believes that: the demand for terminal aquatic feed has become weak, and the negative pressure has been exerted, and the domestic DDGS will still be weak and downward in the future.