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25 Nov 2020
Sources:
CFO Exclusively
1) Weekly Report (Wk # 47)
- Fishmeal Inventory at port is 140,130 mt
- Weekly off take 18,800 mt
- Weekly arrival 34,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #47 /2020
2) Today’s Price Indication (24 November 2020 – Wk #48)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,200-3,270 |
|
Canola Meal |
China |
36% |
2,490 |
|
Fishmeal |
Peru |
Super |
10,800-11,300 |
|
Fishmeal |
China |
63/130 |
9,200 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,500 |
|
MBM |
Australia |
beef 50% |
4,400 |
|
PBM |
USA |
65% |
7,600 |
Comments:
Today, fishmeal adjusted RMB100-200mt in Southern China due to weak demand. As for soybean meal local inventory is sufficient but importing bean cost increasing so that overall SBM RMB price is 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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