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CFO News Weekly Update #40/41

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15 Oct 2021
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 40)
- Fishmeal Inventory at port is 201,170 mt 
- Weekly off take 32,800 mt
- Weekly arrival 57,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #40/2021

2)  Today’s Price Indication (12 October 2021 – Wk #41)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,600-3,730

Canola Meal

China

36%

3,010

DDGS

USA

26/28%

2,390

Fishmeal

Peru

Super

11,400-11,700

Fishmeal

China

63/130

9,100

MBM

Uruguay/Argentina

beef 45%

4,900-5,000

MBM

Australia

beef 50%

4,800

PBM

USA

65%

7,600-7,800

Comments:
Under the “ Energy due control ( production & consumption ) “ , soybean crushing is reduced.  

Also, MBM cash prices also increased to RMB 4900-5000 /mt level to reflect the high importing cost of ocean freight. As such, Completed feed price has been adjusted about RMB 50-100 /mt range by feed most of major makers


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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