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CFO News Weekly Update #46/47

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18 Nov 2020
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 46)
- Fishmeal Inventory at port is 127,960 mt 
- Weekly off take 21,130 mt
- Weekly arrival 24,560 mt
Full report, please click below link CFO China Feed Market Weekly Update #46 /2020

2)  Today’s Price Indication (17 November 2020 – Wk #47)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,210-3,250

Canola Meal

China

36%

2,450

Fishmeal

Peru

Super

11,000-11,300

Fishmeal

China

63/130

9,200

MBM

Uruguay/Argentina

beef 45%

4,500

MBM

Australia

beef 50%

4,400

PBM

USA

65%

7,600


Comments:

Fishmeal RMB cash market moving lower about RMB 300/mt in a week to reflect the high quota of Peru anchovy in this season.  In view of winter season, all kinds of protein demand is weak so that soybean meal RMB is lower as well.

3) GAC Approved List Updated
Chile Fishmeal/Fish oil Facilities - Total 28 plants
Peru Fishmeal/Fish oil Facilities – Total 66 plants

4) MOARA Feed and Feed Additive Registration List

MOARA China Feed and Feed Additive Registration List No. 348 published. Total 55 facilities/124 products have been approved / renewed.

Also, according to MOARA announcement No. (2020) 1 requirement, since covid-19 pandemic, the license expiry date of 4 products has been extended to March 2021. Applicants should complete the renewal registration once pandemic is over.

Please click here [MOA List page] to take a look. 

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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