28 Apr 2024

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CFO News Weekly Update # 25-26

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30 Jun 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 25)
- Fishmeal Inventory at port is 255,630 mt 
- Weekly off take 33,130 mt
- Weekly arrival 30,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #25/2022

2) Today’s Price Indication (29 June 2022)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,010-4,200

Canola Meal

China

36%

3,510-3,700

DDGS

USA

26/28%

2,710

Fishmeal

Peru

Super

12,900-13,200

Fishmeal

China

63/150

11,000

MBM

Uruguay/Argentina

Beef 45%

5,700

MBM

Australia

Beef 50%

5,600-5,700

PBM

USA

65%

9,000

Comment:
Today, fishmeal is slightly up and foresee it will be continuing firm due to less new parcel arrival China main ports.

As for soybean meal, the RMB cash market is firm & up, in particular, soybean importing quantity on the 3rd quarter 2022 is in 6 years low.

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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