Supply Tightens, Domestic DDGS Market Picks Up
Since August, the supply has been tight, and the domestic DDGS market has improved. On August 1, the average domestic DDGS market price was 2,743 CNY/ton. On the 9th, the average domestic DDGS market price was 2,773 CNY/ton, up 1.09%.
Supply tightens, domestic DDGS rises steadily
Starting in August, the weather was hot, some domestic alcohol plants were shut down for maintenance, the supply of domestic DDGS was tight, and prices rose one after another. Coupled with the rigid demand for aquaculture feed, the market for alternative soybean meal and rapeseed meal is strong, supporting the recovery of the domestic DDGS market. As of August 9, the domestic DDGS market has risen by more than 1% as a whole.
With more support, the domestic DDGS market strengthened in the market outlook.
Looking for chemical products? Let suppliers reach out to you!
You May Interested In
Polyacrylamide CAS NO.9003-05-8 Food Additives high purity 99% White powder intermediates
$1-1.3/KG FOB
-
Food & Nutrition Industry Overview
The magazine has been officially published in September 2024 and has been issued at Fi Asia Indonesia 2024. It can be downloaded online permanently. It not only provides comprehensive information on the Southeast Asian food market, but also provides overseas readers with the opportunity to understand and track the market dynamics and trends of Chinese food ingredients and get to know outstanding Chinese companies. We sincerely invite you to make full use of the influence of the journal to promotPublished in: Sep. 2024
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
This month, Myanmar plans to export 50,000 tons of sugar to Vietnam
-
Russian seafood catches decreased by 2.7% year-on-year in 2022
-
EU Approves Use of Larvae Flour in Food Products Opening Doors to Sustainable Nutrition
-
Emergency recall: Multiple batches of salmon slices carry a risk of bacterial contamination and should not be consumed
-
The U.S. state of Maine encourages fishermen to practice saltwater scallop farming
-
Algeria's red tuna quota will increase to 2,023 tonnes in 2023
-
Cherry blossom season with cherry blossom economy
-
An outbreak of Bacillus anthracis infection occurred in Kyrgyzstan
-
The Minister of Foreign Trade and Economic Cooperation of Bosnia and Herzegovina revealed that the EU is considering importing red meat from Bosnia and Herzegovina
-
The European Union approved Fenose DSM 32292 as a feed additive for all animals
Recommend Reading
-
Opening up the Chinese market Brazil's corn exports are expected to rise to 5.02 million mt in January
-
Indonesia will import 200,000 tonnes of rice in December
-
Three Applications Spark Debate at Food Standards Australia New Zealand
-
Singapore adjusts import restrictions on poultry products from areas affected by highly pathogenic avian influenza outbreaks in Denmark
-
High sugar prices in Bangladesh show no signs of abating
-
Saudi Arabia's oil production dropped sharply and daily supply growth forecast
-
Saudi CPhI Signs $266 Million Gene Therapy Deal
-
Asia TiO2 December outlook bearish as Chinese demand shrivels up
-
What Is Oxidation Of Xylene?
-
Exploring the Versatility of Quaternized Polyethyleneimine in Advanced Applications