Animal Feed Ingredient Market Information In China On January 14, 2021
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Feed Ingredient Price List on January 14, 2021 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2794.42 | 2782.32 | +12.10 | RMB/MT |
Soybean Meal | 3850-3900 | 3900-3920 | -20-50 | RMB/MT |
Rapeseed Meal | 2900.00 | 2920.00 | -20.00 | RMB/MT |
Cotton Seed Meal | 2910.00 | 2910.00 | +0.00 | RMB/MT |
DDGS | 2268.00 | 2240.50 | +27.50 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11400-12100 | 11400-12100 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=647.46RMB | ||||
Market Comments and Concern
DDGS
DDGS price went strong in some regions today.With the increasing demand on feed from end users and the increased corn consumption, the trading of DDGS is thrive and the inventory keeps reducing. DDGS price will remain vibrating at a high level for many factors such as the high soybean meal cost.
Source: China Feedtrade Net
