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Cofeed: China DDGS Supply and Demand Estimates (Aug, 2019)

2019-08-08 www.cofeed.com
China DDGS Supply and Demand Estimates (Aug, 2019)
Item/Year 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19
  Est. Est. Est. Est. Est. Est. Proj. Aug Proj.
Beginning Stocks 20 15 22 23 128 27 10 5
DDGS Production 300 285 295 287 329 370 500 520
Imports 252 284 665 561 424 78 10 13
Total Supply 572 584 982 871 881 475 520 538
Domestic Consumption 551.5 556.1 954.7 741.5 852.8 463.5 512 527
Exports 5.5 5.9 4.3 1.5 1.2 1.5 3 3
Total Consumption 557 562 959 743 854 465 515 530
Ending Stocks 15 22 23 128 27 10 5 8
Remarks: DDGS Marketing Year: Oct.-Sept (Unit: 0'000 tonne)