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01 Sep 2020
Sources:
CFO Exclusively
1) Weekly Report (Wk # 35)
- Fishmeal Inventory at port is 105,100 mt
- Weekly off take 35,440 mt
- Weekly arrival 35,600 mt
Full report, please click below link CFO China Feed Market Weekly Update #35 /2020
2) Today’s Price Indication (1 September 2020 – Wk #36)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
2,920-3,020 |
|
Canola Meal |
China |
36% |
2,340 |
|
Fishmeal |
Peru |
Super |
11,700-11,800 |
|
Fishmeal |
China |
63/130 |
9,500 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,500 |
|
MBM |
Australia |
beef 50% |
4,400 |
|
PBM |
USA |
65% |
7,600 |
Comments:
- Fishmeal: cash market is relative quiet under the atmosphere of higher quantity loading in July/Aug to China. Meantimes, In view of current high profit margin so that suppliers are willing to sell and take profit first.
- Soybean: China is continuing importing large soybean from Brazil as below:
July/2020: 8.17 millions tons
Jun/2020: 10.51 millions tons , +91% year-on-year (historic high)
3) Importing Statistics/July
Major importing items including fishmeal, fish oil, MBM, PBM, Soybean, DDGS . Please click here [CFO Statistics page] to take a look.
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 .
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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