SunSirs: The Terminal Demand Was Sluggish, and the Domestic DDGS Market Fell

https://www.chemnet.com   Jul 13,2022 SunSirs

　　According to the monitoring data of SunSirs, since July, the terminal demand has decreased, and the domestic DDGS market has weakened. On July 1, the average domestic DDGS market price was 2,873 RMB/ton. On the 12th, the average domestic DDGS market price was 2,766 RMB/ton, down 3.71%.

　　Analysis review

　　Terminal demand declined, domestic DDGS market fellSince July, the terminal demand has been sluggish, and the domestic DDGS market has continued to oscillate and fall. As of the 12th, the price of domestic DDGS fell to 2,766 RMB/ton, a drop of nearly 4%. The main reason was that the demand for DDGS in terminal aquafeeds was low, the market for substitute soybean meal was general, and the quotation of alcohol factories was lowered, and the market continued to weaken.

　　Market outlook

　　The agricultural product analyst of SunSirs believes that the terminal demand is sluggish, and the negative market is dominant, and the domestic DDGS market is down weakly in the future.

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