11 May 2024

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CFO News Weekly Update # 50-51

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22 Dec 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 50)
- Fishmeal Inventory at port is 228,770 mt 
- Weekly off take 23,040 mt
- Weekly arrival 23,100 mt
Full report, please click below link CFO China Feed Market Weekly Update #50/2022

2) Today’s Price Indication (21 December 2022)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,680

Canola Meal

China

36%

3,300

DDGS

USA

26/28%

3,060

Fishmeal

Peru

Super

13,700-13,800

Fishmeal

China

63/150

12,000

MBM

Uruguay/Argentina

Beef 45%

6,400

MBM

Australia

Beef 48%

6,400

PBM

USA

65%

11,000


Comment:
In addition to Beijing, getting more areas infected Covid-19 . Most of peoples can’t get any medicine to reduce pain of fever, cough... etc.  We are expecting the situation not yet hit the peak yet. All kinds of protein meals trading volume obviously affected including fishmeal, animal protein... etc. Some feed makers have completed pre-new year holiday stocking ahead of schedule, but overall, the market is generally stable at the current level in terms of prices. We hope Beijing government authorities could operate back to normal soon in next week or many licenses issuance to be severely delayed. 

3) Importing Statistics / November 2022
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean, Canola Meal.
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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