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We are pleased to inform you that the latest reports just published at CFO website,
1) Weekly Report (Wk # 32)
- Fishmeal Inventory at port is 98,340 mt
- Weekly off take 16,500 mt
- Weekly arrival 20,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #32 /2020
2) Today’s Price Indication (11 August 2020 – Wk #33)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
2,830-2,900 |
Canola Meal |
China |
36% |
2,330 |
Fishmeal |
Peru |
Super |
12,700-12,800 |
Fishmeal |
China |
63/130 |
9,800 |
MBM |
Uruguay/Argentina |
beef 45% |
4,600 |
MBM |
Australia |
beef 50% |
4,500 |
PBM |
USA |
65% |
7,800 |
Comments:
China largely imported soy since 2nd Quarter. Per China customs record, total soy arrival China main ports is 27% higher same month of year 2019 and 71% higher than same month of last year. This situation shall continue till Aug over 10 millions ton a month. Fishmeal RMB cash market is adjusted lower also even though inventory is less than 100,000mt lower level.
3) GAC Approved List Updated
USA Non-Ruminant Animal Feed/Tallow Facilities - Total 78 plants- validit till July 2025
USA Pet Food Facilities - Total 35 plants - Valid till May 2025
USA Compound Feed Facilities - Total 12 plants
4) China license:
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 .
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