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16 Sep 2021
Sources:
CFO Exclusively
1) Weekly Report (Wk # 36)
- Fishmeal Inventory at port is 206,410 mt
- Weekly off take 34,680 mt
- Weekly arrival 23,800 mt
Full report, please click below link CFO China Feed Market Weekly Update #36/2021
2) Today’s Price Indication (14 September 2021 – Wk #37)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,690-3,830 |
|
Canola Meal |
China |
36% |
3,070 |
|
DDGS |
USA |
26/28% |
2,400 |
|
Fishmeal |
Peru |
Super |
11,200-11,400 |
|
Fishmeal |
China |
63/130 |
9,100 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,900 |
|
MBM |
Australia |
beef 50% |
4,800 |
|
PBM |
USA |
65% |
7,500-7,800 |
Comments:
The completed feed price surge in Sept due to continuing increasing cost of feed material.
It is averagely adjusted about RMB 50-250/ton. However, live pig selling price is continuing moving lower.
At present, some pig farmers were forced to sell, as such the supply of live pig increasing which caused price of pigs to fall again and again
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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