We are pleased to inform you that the latest reports just published at CFO website, 

1) Weekly Report (Wk # 31)
- Fishmeal Inventory at port is 94,440 mt 
- Weekly off take 16,480 mt
- Weekly arrival 19,800 mt
Full report, please click below link CFO China Feed Market Weekly Update #31 /2020

2)  Today’s Price Indication (4 August 2020 – Wk #32)

Comments:
In considering of high cost of corn, SBM, DDGs, Major feed makers declared to adjusted final product of completed feed price RMB 70-200/mt higher from 1st Aug 2020.  
Per CFO port agent’s report, Corn sold RMB 2,300/mt level is 5 years high, SBM indication about RMB 3,000/mt which is about RMB 200/mt increase since July.  However, Fishmeal RMB cash market is moving lower from July high RMB 13,400-13,600 to today RMB 12,900-13,200/mt mainly just because weak demand during peak season so traders trying to profit first and out of market.

3) 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 .  

Any queries, please email: license@21cfo.com