# SunSirs: China's Domestic DDGS Fell Sharply in June, A Decrease of 7.55%

> China's average domestic DDGS price fell 7.55% during June, from RMB 2,736/ton at the start of the month to RMB 2,530/ton at month-end. Falling hog prices pulled down raw corn values, aquaculture demand was weak, and some alcohol plants shut for maintenance and sold inventory. Prices fell below RMB 2,500/ton by month-end.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/46702-sunsirs-china-s-domestic-ddgs-fell-sharply-in-june-a-decrease-of-7-55
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Weak Chinese hog and aquaculture feed demand reduces demand for DDGS and substitute meals, which can weigh on feed ingredient prices. Plant shutdowns may limit further declines in supply.

## Read by commodity

- DDGS: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-5187.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.