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16 Dec 2020
Sources:
CFO Exclusively
1) Weekly Report (Wk # 50)
- Fishmeal Inventory at port is 127,300 mt
- Weekly off take 17,860 mt
- Weekly arrival 9,200 mt
Full report, please click below link CFO China Feed Market Weekly Update #50 /2020
2) Today’s Price Indication (15 December 2020 – Wk #51)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,080-3,130 |
|
Canola Meal |
China |
36% |
2,440 |
|
Fishmeal |
Peru |
Super |
11,400-11,500 |
|
Fishmeal |
China |
63/130 |
9,600 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,600 |
|
MBM |
Australia |
beef 50% |
4,400 |
|
PBM |
USA |
65% |
7,800 |
Comments:
Fishmeal US dollar adjusted US$50/mt lower in these 2 days. However, RMB cash market in China is remain firm due to cargo ETA China shall be slowing down before Chinese New Year. In considering of man power short, several transit ports (excluding Nansha) to Huangpu to be suspended from 20/Jan/2021 for one month long. This is a very unusual occasion this year due to Covid-19 but just a short-term impact during CNY holiday season.
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
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