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28 May 2021
Sources:
CFO Exclusively
1) Weekly Report (Wk # 20)
- Fishmeal Inventory at port is 251,320 mt
- Weekly off take 20,060 mt
- Weekly arrival 42,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #20/2021
2) Today’s Price Indication (26 May 2021 – Wk #21)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,450-3,580 |
|
Canola Meal |
China |
36% |
2,920 |
|
DDGS |
USA |
26/28% |
2,520 |
|
Fishmeal |
Peru |
Super |
11,400-11,500 |
|
Fishmeal |
China |
63/130 |
9,600 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,800 |
|
MBM |
Australia |
beef 50% |
4,700 |
|
PBM |
USA |
65% |
8,000 |
Comments:
Fishmeal inventory is reaching over 250,000 mt high due to poor consumption in peak season.
- Live pig stock inventory is recovering well which we could see from feed production largely increasing 9.5% in comparison with March 2021 and it is talking about 69.8% increase year-on -year.
- Total feed production in April increased 10.2% in comparison with March and 18.5% year-on-year. More details, please see below table：
– China Feed Production on different species April 2021
|
Time/Species |
Pig |
Egg |
Meat |
Aqua |
Ruminant |
Pet |
Other |
|
Apr 2021 (10,000 ton) |
1,090 |
268 |
789 |
155 |
117 |
7 |
23 |
|
+/- compare with |
+9.5 |
+6.1 |
+10.7 |
+18.0 |
+12.2 |
-2.1 |
+26.4 |
|
+/-, compare with |
+69.8 |
-13.2 |
-2.1 |
-11.6 |
+10.3 |
+6.3 |
+8.0 |
|
Total Jan-Apr 2021 |
4,117 |
1,047 |
2,700 |
411 |
460 |
31 |
80 |
|
+/- Cumulative |
+74.2 |
-11.5 |
-7.6 |
-0.5 |
+18.6 |
+25.8 |
+7.0 |
3) GAC Approved List Updated
Mexico Fishmeal, Fish oil or other aquatic protein Facilities - Total 9 plants
4) Importing Statistics/ April 2021
Major importing items including fishmeal, fish oil, MBM, PBM, Soybean. Please click here [CFO Statistics page] to take a look.
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
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