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1) Weekly Report (Wk # 16)
- Fishmeal Inventory at port is 184,260 mt
- Weekly off take 21,450 mt
- Weekly arrival 28,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #16/2022
2) Today’s Price Indication (27 April 2022 – Wk #17)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
4,130-4,550 |
Canola Meal |
China |
36% |
3,730-4,040 |
DDGS |
USA |
26/28% |
2,630 |
Fishmeal |
Peru |
Super |
12,400-13,200 |
Fishmeal |
China |
63/150 |
10,800-11,000 |
MBM |
Uruguay/Argentina |
Beef 45% |
5,500 |
MBM |
Australia |
Beef 50% |
5,400-5,500 |
PBM |
USA |
65% |
8,800 |
Comments
- Shanghai port is still suspended due to Covid-19. Fishmeal price is continuing firm especially RMB depreciation sharply recently so that the importing cost is increasing. Today, exchange rate US to RMB reached @6.56.
- Soybean imports quantity at higher lever in April caused price adjustment a bit lower in domestic market.
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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