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On November 13, Henan Hanyong Alcohol Co. (formerly Xinheyang) quoted its high-fat DDGS ex-works at 2,150 yuan per tonne, with negotiable actual deals. The plant is running stably, producing about 1,000 tonnes of high-fat DDGS per day, and the manufacturer is working off contracts while downstream buyers purchase as needed.
A stable ex-works price with steady output and contract-driven selling signals balanced domestic Chinese DDGS supply, so no major price move is implied for feed buyers.
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.