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CFO News Weekly Update # 12-13

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31 Mar 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 12)
- Fishmeal Inventory at port is 175,760 mt 
- Weekly off take 16,160 mt
- Weekly arrival 19,100 mt
Full report, please click below link CFO China Feed Market Weekly Update #12/2022

2) Today’s Price Indication (30 March 2022 – Wk #13)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,620-4,980

Canola Meal

China

36%

3,850-4,100

DDGS

USA

26/28%

2,700

Fishmeal

Peru

Super

12,400-12,700

Fishmeal

China

63/130

10,600

MBM

Uruguay/Argentina

Beef 45%

5,500

MBM

Australia

Beef 50%

5,400-5,500

PBM

USA

65%

8,800


Comments:
- Shanghai port operation is suspended so that no fishmeal is allowed to move in/out from the port warehouse at this moment.
- China’s economy faces its worst downward pressure.  At present, all kinds of raw material cost largely upsurged while breeding industry is sluggish. Completed feed RMB prices are largely adjusted higher to reflect the expensive cost. In particular, soybean meal RMB price upsurge 1500/mt + to RMB 5000/mt+ high in the short time. 

3) MOARA Feed and Feed Additive Registration List
MOARA China Feed and Feed Additive Registration List No. 543 published. 
Total 58 facilities /122 products have been approved/renewed.
Full List is published at CFO License website, please click here

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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