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1) Weekly Report (Wk # 39)
- Fishmeal Inventory at port is 57,660 mt
- Weekly off take 38,030 mt
- Weekly arrival 28,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #39 /2020
2) Today’s Price Indication (29 September 2020 – Wk #40)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
3,020-3,090 |
Canola Meal |
China |
36% |
2,390 |
Fishmeal |
Peru |
Super |
11,200-11,300 |
Fishmeal |
China |
63/130 |
9,100 |
MBM |
Uruguay/Argentina |
beef 45% |
4,400 |
MBM |
Australia |
beef 50% |
4,300 |
PBM |
USA |
65% |
7,600 |
Comments:
-Fishmeal: Inventory at China main ports is historic low, cash market is remain firm. As for domestic production fishmeal 63% TVN 150 level is selling about RMB 9100/mt level. Foresee fishmeal cash RMB market is to be continuing remain at current level for coming weeks.
-Corn: Per GACC statistics, from Jan-Aug 2020 total China imported 5.59 millions tons of maize which is hit the 30 years high. And per China National Grain & Oil Info Center recent estimation, total shortage of maize during year 2020/2021 (Oct- Sept) is 25 millions tons about based on total consumption 293 millions tons annually.
3) Importing Statistics/August
Major importing items including fishmeal, fish oil, MBM, PBM, Soybean, DDGS . Please click here [CFO Statistics page] to take a look.
4) GAC Approved List Updated
Malaysia Fishmeal/Fishoil Facilities - Total 7 plants
USA Non-Ruminant Animal Feed/Tallow Facilities - Total 78 plants- valid till August 2025
USA Pet Food Facilities - Total 38 plants - Valid till September 2025
Italy Pet Food Facilities - Total 16 plants - Valid till May 2025
5) 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
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