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

2019-09-12 www.cofeed.com
China DDGS Supply and Demand Estimates (Sept, 2019)
Item/Year 2015/16 2016/17 2017/18 2018/19 2018/19 2019/20
  Est. Est. Est. Aug Proj. Sept proj Sept proj
Beginning Stocks 128 27 10 5 5 7
DDGS Production 329 370 500 520 510 520
Imports 424 78 10 13 13 13
Total Supply 881 475 520 538 528 540
Domestic Consumption 852.8 463.5 512 527 519 530.5
Exports 1.2 1.5 3 3 2 1.5
Total Consumption 854 465 515 530 521 532
Ending Stocks 27 10 5 8 7 8
Remarks: DDGS Marketing Year: Oct.-Sept (Unit: 0'000 tonne)