1) Weekly Report (Wk # 09)
- Fishmeal Inventory at port is 166,160 mt 
- Weekly off take 18,470 mt
- Weekly arrival 19,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #09/2022

2) Today’s Price Indication (9 March 2022 – Wk #10)

Comment:
According to the monitoring of the "China National Development and Reform Bureau”  report, the national average pig /grain price ratio was entering the first level warning range of excessive decline. As such, Beijing immediately launched the Central Frozen Pork Reserve & Storage work trying to slow down the pork meat over supply price dropped.

Soybean Meal: Quantity of imported soybeans arriving China is relative low, the weekly crushing volume has continue declining.  SBM RMB price continues up-surge to RMB 5000/mt high this week which leading other protein meal including animal protein is going to be firm and strong as well. 

Fishmeal Int’l & domestic prices are firm and it is high possibility that RMB price to be move higher further if the supply & logistic situation not improved.

Remark:  
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