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Cofeed: China DDGS Supply and Demand Estimates (Jun, 2020)

2020-06-05 www.cofeed.com
China DDGS Supply and Demand Estimates (Oct-Sept)
Item/Year 2015/16 2016/17 2017/18 2018/19 2019/20
(0,000 tonnes) Est. Est. Est. Est. May proj Jun proj
Beginning Stocks 128 27 10 5 6 6
DDGS Production 329 370 500 507 510 480
Imports 424 78 10 15 13 13
Total Supply 881 475 520 527 529 499
Domestic Consumption 852.8 463.5 512 520.6 525.8 493.7
Exports 1.2 1.5 3 0.4 0.2 0.3
Total Consumption 854 465 515 521 526 494
Ending Stocks 27 10 5 6 3 5