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CFO News Weekly Update #38/39

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23 Sep 2020
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 38)
- Fishmeal Inventory at port is 67,290 mt 
- Weekly off take 39,140 mt
- Weekly arrival 31,300 mt
Full report, please click below link CFO China Feed Market Weekly Update #38 /2020

2)  Today’s Price Indication (22 September 2020 – Wk #39)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,010-3,130

Canola Meal

China

36%

2,410

Fishmeal

Peru

Super

11,200-11,500

Fishmeal

China

63/130

9,200

MBM

Uruguay/Argentina

beef 45%

4,400

MBM

Australia

beef 50%

4,300

PBM

USA

65%

7,600

Comments:
Soybean meal: Chinese cash market is a bit soft after the seasonal short term demand ending ( National golden holiday & Mid-Autumn festival starting from 1st Oct ) . 

Fishmeal: inventory at China main ports heat the historic low and RMB currency pretty strong for weeks are both support fishmeal price stand firm. 


3) 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.hk /cfo@chinafeedonline.com
ChinaFeedOnline.com.hk/ChinaFeedOnline.com>> Your gateway to the China feed market
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