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CFO News Weekly Update #32/33

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19 Aug 2021
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 32)
- Fishmeal Inventory at port is 229,780 mt 
- Weekly off take 33,010 mt
- Weekly arrival 32,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #32/2021

2)  Today’s Price Indication (18 August 2021 – Wk #33)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,610-3,730

Canola Meal

China

36%

3,050

DDGS

USA

26/28%

2,420

Fishmeal

Peru

Super

11,100-11,200

Fishmeal

China

63/130

9,100

MBM

Uruguay/Argentina

beef 45%

4,900

MBM

Australia

beef 50%

4,800

PBM

USA

65%

7,500-7,800

Comment:
Aquatic feeds production showing good volume increasing 16 % compare with June and 15.3 % year-on-year.   However, heavy rain in south caused the situation is not as good as usual year which we can see from fishmeal price!  It is still remain at same level RMB 11,000/mt for months. 


Table 1 – China Feed Production July 2021

item

Total
Production

Compound
Feed

Concentrate
Feed

Additive
Premix

July 2021 (10,000 ton)

2,556

2,373

122

55

+/- compare with
June 2021 (%)

+1.9

+2.1

+1.4

-0.7

+/- compare with
Jan to Jul 2020 (%)

+13.1

+14.1

-0.7

+10.8

Total Jan-Jul 2021
(10,000 ton)

16,489

15,148

921

367

+/- Cumulative
Jan-Jul yr-on-yr %

+19.8

+20.0

+18.5

+17.5

 

Table 2 – China Feed Production on different species July 2021

item

Pig

Egg
Poultry

Meat
Poultry

Aqua

Ruminant

Pet

Other

July 2021 (10,000 ton)

1,045

258

793

322

108

7

23

+/- compare with June 2021 (%)

+1.9

+0.7

-1.8

+16.0

-2.8

-11.0

+7.0

+/- compare with
Jan to Jul 2020 (%)

+41.6

-9.5

-2.2

+15.3

-0.2

-3.4

-24.2

Total Jan-Jul 2021
(10,000 ton)

7,291

1,829

5,125

1,246

798

54

147

+/- Cumulative
Jan-Jul yr-on-yr %

+66.4

-10.1

-3.8

+10.9

+15.2

+14.8

-5.1


Remark:  

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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