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08 Jun 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 22)
- Fishmeal Inventory at port is 268,120 mt
- Weekly off take 19,660 mt
- Weekly arrival 30,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #22/2022
2) Today’s Price Indication (7 June 2022)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,190-4,350 |
|
Canola Meal |
China |
36% |
3,730-3,970 |
|
DDGS |
USA |
26/28% |
2,730 |
|
Fishmeal |
Peru |
Super |
12,700-13,000 |
|
Fishmeal |
China |
63/150 |
11,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
5,700 |
|
MBM |
Australia |
Beef 50% |
5,600 |
|
PBM |
USA |
65% |
9,000 |
Comment:
Fishmeal at China main ports are reaching a higher level which caused the price adjusted lower in these days.
Overall, the demand is relative weak but aquatic feed production is entering the peak season so that we foresee the situation will be improved in coming month. MOARA is hardly pushing the farmers to reduce dosage of high cost soybean meal & corn. As such, replacement of Canola meal, DDGs in aqua & L-lysine in pig feed are obviously increasing.
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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