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1) Weekly Report (Wk # 07)
- Fishmeal Inventory at port is 99,220 mt
- Weekly off take 5,940 mt
- Weekly arrival 43,800 mt
Full report, please click below link CFO China Feed Market Weekly Update #07/2021
2) Today’s Price Indication (23 February 2021 – Wk #08)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
3,700-3,820 |
Canola Meal |
China |
36% |
2,850 |
DDGS |
USA |
26/28% |
2,480 |
Fishmeal |
Peru |
Super |
11,400-12,800 |
Fishmeal |
China |
63/130 |
9,600 |
MBM |
Uruguay/Argentina |
beef 45% |
4,800 |
MBM |
Australia |
beef 50% |
4,600 |
PBM |
USA |
65% |
7,800 |
Comments:
- Soybean Meal RMB cash market is firm after CNY mainly due to less quantity soy arriving China .
- Canola Meal cash s following SBM tendency and very firm due to low inventory in China
- Fishmeal cash market is quiet after CNY due to fresh cargo continuing arriving and pre-sales in Peru already reached over 200,000 ton
- Poultry meal RMB price is firm in current aquaculture low season just because the int’l US Dollar is up surged. Chinese buyers are trying to cover some quantity booking for coming spring production.
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
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