1) Weekly Report (Wk # 18)
- Fishmeal Inventory at port is 213,960 mt 
- Weekly off take 41,330mt
- Weekly arrival 59,200 mt

2)  Today’s Price Indication (12 May 2021 – Wk #19)

Comments:
- Soybean meal : Following CBOT, prices up RMB 200 /mt this week. 

- Fishmeal : demand is still weak and high inventory at port though Int’l market price increased to USD 1,720/mt ( super prime). Basically, aqua feed season not fully start, we would like to wait & see in Jun if any improvement.

- Animal protein : MBM market is much more active following the strong SBM but market is still mainly consuming stock in domestic. MBM 45-50% indication at USD570-590 /mt level depending on brands and origin. As for PBM, cash market is moving around 7750-8000/mt which is we converted into USDollar improving cost about US$1,030-US$1,050/mt level.

3) GAC Approved List Updated
Chile Fishmeal, Fish oil or other aquatic protein Facilities - Total 28 plants

Mexico Fishmeal, Fish oil or other aquatic protein Facilities - Total 9 plants

Panama Fishmeal, Fish oil or other aquatic protein Facilities - Total 3 plants

Peru Fishmeal, Fish oil or other aquatic protein Facilities - Total 66 plants

USA Non-Ruminant Animal Feed/Tallow Facilities - Total 79 plants- valid till August 2025
USA Pet Food Facilities - Total 48 plants - Valid till March 2026

Remark:  

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