Loading…
On November 4, Heilongjiang Shenglong Alcohol Co. quoted low-fat DDGS at 1,920 yuan per tonne ex-works. The plant is running stably with low-fat DDGS output of about 560 tonnes per day, and the producer is holding prices while downstream users buy as needed.
A single regional producer's stable quote and steady output add little pressure on Chinese DDGS prices, so the market impact for feed buyers is minor.
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.