17 May 2024

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CFO News Weekly Update # 16-17/2024

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02 May 2024
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 17)
- Fishmeal Inventory at port is 268,210 mt
- Weekly off take 25,360 mt
- Weekly arrival 32,800 mt
Full report, please click below link CFO China Feed Market Weekly Update #17/2024

2) Today’s Price Indication (01 May 2024)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,370

Canola Meal

China

36%

2,750

DDGS

USA

26/28%

2,290

Fishmeal

Peru

Super

16,200-16,500

Fishmeal

China

63/150

11,700

MBM

Uruguay/Argentina

Beef 45%

4,700

MBM

Australia

Beef 48%

4,800

PBM

USA

65%

8,300


Today Comments:
The fishmeal market in china is continuing weak due to the increase in the arrival of fishmeal and the reduction and delay of aquatic seedling input, the overall fishmeal demand recovery is very slow. 

China is having 5 days long labour holiday this week. 

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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