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

2020-11-10 www.cofeed.com
China DDGS Supply and Demand Estimates (Oct-Sept)
Item/Year 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21
(0,000 tonnes) Est. Est. Est. Est. Est. Nov proj
Beginning Stocks 128 27 10 5 6 2.6
DDGS Production 329 370 500 507 583 510
Imports 424 78 10 15 10 13
Total Supply 881 475 520 527 599 525.6
Domestic Consumption 852.8 463.5 512 520.6 596.4 512.3
Exports 1.2 1.5 3 0.4 0.6 0.3
Total Consumption 854 465 515 521 597 512.6
Ending Stocks 27 10 5 6 2.6 13