06 May 2024

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CFO News Weekly Update # 50-51

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21 Dec 2023
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 50)
- Fishmeal Inventory at port is 221,520 mt 
- Weekly off take 15,200 mt
- Weekly arrival 27,100 mt
Full report, please click below link CFO China Feed Market Weekly Update #50/2023

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

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,870

Canola Meal

China

36%

2,860

DDGS

USA

26/28%

2,380

Fishmeal

Peru

Super

17,300-17,400

Fishmeal

China

63/150

10,300

MBM

Uruguay/Argentina

Beef 45%

5,500-5,600

MBM

Australia

Beef 48%

5,500-5,600

PBM

USA

65%

7,200


Today Comments:
All kinds of protein meal market overall is weak in China. Mainly because China domestic breeding losses have led to limited demand.

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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