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CFO News Weekly Update #36/37

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10 Sep 2020
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 36)
- Fishmeal Inventory at port is 90,630 mt 
- Weekly off take 42,670 mt
- Weekly arrival 28,200 mt
Full report, please click below link CFO China Feed Market Weekly Update #36 /2020

2)  Today’s Price Indication (9 September 2020 – Wk #37)

Products

Origin

Quality

RMB/mt

SBM

China

43%

2,900-3,010

Canola Meal

China

36%

2,360

Fishmeal

Peru

Super

11,200-11,500

Fishmeal

China

63/130

9,500

MBM

Uruguay/Argentina

beef 45%

4,300

MBM

Australia

beef 50%

4,200

PBM

USA

65%

7,600

Comments:
Canola meal : consumption is not as good as previous peak season mainly due to recent heavy flood and COVID-19 pandemic.  Aquatic season is going to end soon. Foresee the canola meal cash market is to be continuing following SBM price tendency. 

Fishmeal: demand is still weak and most of importers preferred to take profit first in view of larger quantity cargo is arriving China in coming weeks. 


3) MOARA Feed and Feed Additive Registration List

MOARA China Feed and Feed Additive Registration List No. 325 published. Total 70 facilities/205 products have been approved / renewed.
 

Also, according to MOARA announcement No. (2020) 1 requirement, since covid-19 pandemic, the license expiry date of 26 products has been extended to March 2021. Applicants should complete the renewal registration once pandemic is over.

Full list is published at CFO License website, please click here


4) GAC Approved List Updated
USA Non-Ruminant Animal Feed/Tallow Facilities - Total 78 plants- valid till August 2025
USA Pet Food Facilities - Total 35 plants - Valid till September 2025

5) China license:   
This is a gentle reminder, for MOA China license renewal, the application should be submitted to Beijing 6 months prior to expire,  please contact CFO License Center earlier .  

Any queries, please email: license@21cfo.com


Sincerely yours,
Charles Wang
Tel: 852- 2871 0708 
Email: cfo@chinafeedonline.com
ChinaFeedOnline.com.hk/ChinaFeedOnline.com>> Your gateway to the China feed market
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