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1) Weekly Report (Wk # 10)
- Fishmeal Inventory at port is 169,050 mt
- Weekly off take 20,610 mt
- Weekly arrival 23,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #10/2022
2) Today’s Price Indication (16 March 2022 – Wk #11)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
4,800-4,950 |
Canola Meal |
China |
36% |
3,900-4,050 |
DDGS |
USA |
26/28% |
2,640 |
Fishmeal |
Peru |
Super |
12,400-12,600 |
Fishmeal |
China |
63/130 |
10,200 |
MBM |
Uruguay/Argentina |
beef 45% |
5,400 |
MBM |
Australia |
beef 50% |
5,300 |
PBM |
USA |
65% |
8,300-8,500 |
3) China Feed Production Tendency Jan/Feb 2022
Table 1 – China Feed Production Jan/Feb 2022
item |
Total |
Compound |
Concentrate |
Additive |
Total Jan 2022 |
2,409 |
2,212 |
129 |
57 |
Total Feb 2022 |
1,976 |
1,826 |
108 |
34 |
Total Jan-Feb 2022 |
4,384 |
4,038 |
237 |
92 |
changes Cumulative |
+3.5 |
+5.2 |
-13.6 |
-13.5 |
Table 2 – China Feed Production on different species Jan/Feb 2022
item |
Pig |
Egg |
Meat |
Aqua |
Ruminant |
Pet |
Other |
Total Jan 2022 |
1,202 |
293 |
653 |
87 |
146 |
10 |
18 |
Total Feb 2022 |
924 |
232 |
612 |
80 |
106 |
7 |
13 |
Total Jan-Feb 2022 |
2,126 |
525 |
1,265 |
167 |
251 |
17 |
31 |
changes Cumulative |
+2.9 |
-0.9 |
+4.2 |
+31.3 |
+3.7 |
+3.2 |
-19.4 |
In Jan-Feb 2022, the national total output of industrial feed was 43.84 million tons, a year-on-year increase of 3.5%.
* The output of pig feed was 21.26 million tons, a year-on-year increase of 2.9%;
* The output of aquatic feed was 11.67 million tons, an increase of 31.3%;
RMB price of corn was at a historically high level, and the price of other major raw materials such as soybean meal was higher than that of the same period last year As such completed feed is continuing to increase year-on-year. The proportion of corn in the compound feed produced by feed enterprises is 35.3%. The proportion of soybean meal in compound feed and concentrated feed accounts for 14.7%.
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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