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14 Apr 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 14)
- Fishmeal Inventory at port is 171,850 mt
- Weekly off take 11,880 mt
- Weekly arrival 11,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #14/2022
2) Today’s Price Indication (13 April 2022 – Wk #15)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,270-4,700 |
|
Canola Meal |
China |
36% |
3,820-4,150 |
|
DDGS |
USA |
26/28% |
2,700 |
|
Fishmeal |
Peru |
Super |
12,400-12,700 |
|
Fishmeal |
China |
63/130 |
10,600 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
5,500 |
|
MBM |
Australia |
Beef 50% |
5,400-5,500 |
|
PBM |
USA |
65% |
8,800 |
Comments:
The feed industry continues to lag in demand due to the impact of the epidemic.
Soybean meal inventories rebounded and farming-end profitability was poor, demand was weak while Omicron is not under controlled yet in China (particular Shanghai, Guangzhou). However, the price of imported fishmeal and meat and bone meal is firm and stable; port pickup is restricted, and additional fee such as warehousing/demurrage push up costs.
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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