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On November 4, Mengzhou Houyuan Biotechnology Co. in Henan quoted high-fat DDGS ex-works at 2,050 yuan per tonne, with volumes negotiated on actual orders. The plant is running stably at about 1,000 tonnes per day, and the producer is holding prices while downstream buyers wait and watch.
Stable ex-works DDGS pricing with a cautious buyer side signals little near-term pressure on Chinese feed-ingredient costs. Absent a supply shock, prices are likely to stay range-bound.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.