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Cofeed: China DDGS Supply and Demand Estimates (Feb, 2021)

2021-02-18 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. Feb proj
Beginning Stocks 128 27 10 6 7 6
DDGS Production 329 370 500 507 583 595
Imports 424 78 10 15 13.5 16
Total Supply 881 475 520 528 603.5 617
Domestic Consumption 852.8 463.5 511 520.6 596.6 609
Exports 1.2 1.5 3 0.4 0.9 1
Total Consumption 854 465 514 521 597.5 610
Ending Stocks 27 10 6 7 6 7