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27 Oct 2021
Sources:
CFO Exclusively
1) Weekly Report (Wk # 42)
- Fishmeal Inventory at port is 201,460 mt
- Weekly off take 22,780 mt
- Weekly arrival 23,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #42/2021
2) Today’s Price Indication (27 October 2021 – Wk #43)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,530-3,660 |
|
Canola Meal |
China |
36% |
2,990 |
|
DDGS |
USA |
26/28% |
2,380 |
|
Fishmeal |
Peru |
Super |
11,400-11,700 |
|
Fishmeal |
China |
63/130 |
9,100 |
|
MBM |
Uruguay/Argentina |
beef 45% |
5,100 |
|
MBM |
Australia |
beef 50% |
5,000 |
|
PBM |
USA |
65% |
7,600-7,800 |
Comments:
Per MOARA statistics, In Sept 2021, the output of aquatic feed was 3.4 million tons, a decrease of 11.2% month-on-month and an increase of 15.9% year-on-year.
The output of pig feed was 10.99 million tons, a decrease of 1.7% from the previous month and an increase of 19.9% year-on-year.
The output of egg and meat poultry feed was 2.62 million tons, a decrease of 2.3% from the previous month and 11.9% year-on-year;
Overall, weather is getting cooler and fishmeal and animal protein meal consumption is declining entering late Oct.
Table 1 – China Feed Production September 2021
|
item |
Total |
Compound |
Concentrate |
Additive |
|
Sep 2021 (10,000 ton) |
2,627 |
2,425 |
133 |
61 |
|
+/- compare with |
-3.5 |
-3.8 |
-0.9 |
+1.2 |
|
+/- compare with |
+2.7 |
+3.2 |
-5.3 |
+6.4 |
|
Total Jan- Sep 2021 |
21,840 |
20,094 |
1,187 |
488 |
|
+/- Cumulative |
+16.9 |
+17.1 |
+14.2 |
+16.2 |
Table 2 – China Feed Production on different species September 2021
|
item |
Pig |
Egg |
Meat |
Aqua |
Ruminant |
Pet |
Other |
|
Sep 2021 (10,000 ton) |
1,099 |
262 |
768 |
340 |
124 |
9 |
27 |
|
+/- compare with Aug 2021 (%) |
-1.7 |
-2.3 |
-4.3 |
-11.2 |
+4.6 |
+9.8 |
+1.3 |
|
+/- compare with |
+19.9 |
-11.9 |
-14.4 |
+15.9 |
+4.1 |
-2.1 |
+2.7 |
|
Total Jan-Sep 2021 |
9,508 |
2,360 |
6,695 |
1,968 |
1,040 |
71 |
200 |
|
+/- Cumulative |
+56.2 |
-9.7 |
-5.2 |
+13.2 |
+13.3 |
+11.2 |
-4.5 |
3) Importing Statistics/ September 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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