1) Weekly Report (Wk # 08)
- Fishmeal Inventory at port is 100,910 mt 
- Weekly off take 17,210 mt
- Weekly arrival 18,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #08/2021

2)  Today’s Price Indication (2 March 2021 – Wk #09)

Comments:
Fishmeal cash market is unusual quiet and moving lower about RMB 200 mt.  At present, market is focus on corn due to short of supply. 
As for poultry meal, RMB cash price s firm mainly due to short in supply and International market price continuing moving up.  However, MBM is totally moving the other way, Chinese importer is facing sever profit lost about RMB400-500/mt.

The corn RMB price has risen again due to tight supply situation not changed in China.  However, trade inventories are high and local African swine fever rebounded affecting the pig stock recovery eventually.  His recovery of hog herds in some regions including Shandong/Henan/Hebei could be delayed due to new outbreak of pig diseases before Chinese New Year.

Live pig price is declining since Feb 2021, not just because demand is reduced after CNY but also Farmers dumped large quantity of live pig due to worry about African fever diseases. 

3) MOARA Feed and Feed Additive Registration List

MOARA China Feed and Feed Additive Registration List No. 397 published.
Total 58 facilities/101 products have been approved / renewed.

Full list is published at CFO License website, please click here

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