1) Weekly Report (Wk # 37)
- Fishmeal Inventory at port is 158,460 mt 
- Weekly off take 24,430 mt
- Weekly arrival 14,200 mt
Full report, please click below link CFO China Feed Market Weekly Update #37/2023

2) Today’s Price Indication (20 September 2023)

Comment:
The supply of soybean meal is sufficient, and feed breeding enterprises still have a wait-and-see attitude and hesitate to keep more inventory at hand. Soybean meal continues to be weak and volatile.

As for fishmeal, some feed makers kept more quantity before the Chinese Autumn holiday, which caused the fishmeal inventory at the port to drop to less than 160,000 tons. The current price of imported Peruvian super prime fishmeal is still high but negotiable. Overall, importing transaction is limited and domestic fishmeal market is weak.

Poultry meal market is following fishmeal weak movement. Inventory at port is sufficient and buyers are hesitating to enter market when the peak season is ending. 

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