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Important Notice - Per State Council Notification #28 (2020), For expanding market access for FAT & OILs, MEAT and DAIRY products, China starts encouraging imports to ensure sufficient supply in domestic market. Also, Per GACC ( China Customs) information, from 5th Aug 2020, importing meat , poultry, eggs, vegetables and aquatic products will enjoy tariff reduction.
1) Weekly Report (Wk # 33)
- Fishmeal Inventory at port is 102,440 mt
- Weekly off take 16,300 mt
- Weekly arrival 20,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #33 /2020
2) Today’s Price Indication (18 August 2020 – Wk #34)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
2,880-2,950 |
Canola Meal |
China |
36% |
2,330 |
Fishmeal |
Peru |
Super |
12,200-12,500 |
Fishmeal |
China |
63/130 |
9,800 |
MBM |
Uruguay/Argentina |
beef 45% |
4,500 |
MBM |
Australia |
beef 50% |
4,450 |
PBM |
USA |
65% |
7,600 |
Comments:
Following more fishmeal arrived, inventory at China main ports is exceed 100k metric tons this week. In view of continuing heavy flood, storm rain in South/Western China, particularly, Sichuan province (the largest pig farm bases) demand of fishmeal remain weak. Today, cash market is about RMB 100-200/mt lower.
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
Sincerely yours,
Charles Wang
Tel: 852- 2871 0708
Email: cfo@chinafeedonline.com
ChinaFeedOnline.com.hk/ChinaFeedOnline.com>> Your gateway to the China feed market
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