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CFO News Weekly Update # 16-17

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28 Apr 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 16)
- Fishmeal Inventory at port is 184,260 mt 
- Weekly off take 21,450 mt
- Weekly arrival 28,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #16/2022

2) Today’s Price Indication (27 April 2022 – Wk #17)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,130-4,550

Canola Meal

China

36%

3,730-4,040

DDGS

USA

26/28%

2,630

Fishmeal

Peru

Super

12,400-13,200

Fishmeal

China

63/150

10,800-11,000

MBM

Uruguay/Argentina

Beef 45%

5,500

MBM

Australia

Beef 50%

5,400-5,500

PBM

USA

65%

8,800

Comments
- Shanghai port is still suspended due to Covid-19. Fishmeal price is continuing firm especially RMB depreciation sharply recently so that the importing cost is increasing.  Today, exchange rate US to RMB reached @6.56.

- Soybean imports quantity at higher lever in April caused price adjustment a bit lower in domestic market. 

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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