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CFO News Weekly Update #41/42

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15 Oct 2020
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 41)
- Fishmeal Inventory at port is 84,000mt 
- Weekly off take 50,340mt
- Weekly arrival 76,680mt
Full report, please click below link CFO China Feed Market Weekly Update #41 /2020

2)  Today’s Price Indication (14 October 2020 – Wk #42)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,230-3,280

Canola Meal

China

36%

2,420

Fishmeal

Peru

Super

11,300-11,400

Fishmeal

China

63/130

9,000

MBM

Uruguay/Argentina

beef 45%

4,500

MBM

Australia

beef 50%

4,400

PBM

USA

65%

7,600

Comments:
Fishmeal cash (RMB market ) is slightly higher (RMB 100/mt) after national golden holiday to reflect the USD price.
As for inventory at China main port, quantity is increasing over 90,000- level.

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.hk /cfo@chinafeedonline.com
ChinaFeedOnline.com.hk/ChinaFeedOnline.com>> Your gateway to the China feed market
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