MILLET MAIZE ETHANOL #FeedMarket

Market analysts note that persistently high stock levels could weigh on rapeseed meal prices in the near term, potentially encouraging downstream buyers to step up procurement.

Vietnam’s demand for Distillers Dried Grains with Soluble (DDGS) continues to show strong momentum, with hundreds of active importers sourcing the feed ingredient from global suppliers. Recent trade data indicates sustained purchasing activity, reflecting robust commercial interest in the country’s expanding animal feed sector. Industry shipment records reveal that approximately 460 Vietnamese importers have sourced DDGS from more than 200 internationa

Industry analysts expect the Southeast Asian animal feed market to maintain steady growth through 2030 and beyond. Rising urban populations, stronger middle-class consumption, and continued investment in commercial livestock and aquaculture operations are likely to sustain long-term expansion.

Indian rapeseed meal is being offered at significantly lower levels, around USD 200–235 per tonne on a CFR basis to Asian destinations. The price advantage has enhanced the competitiveness of Indian cargoes across Southeast Asia, particularly among feed millers seeking cost-effective protein alternatives.