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25 May 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 20)
- Fishmeal Inventory at port is 244,820 mt
- Weekly off take 20,990 mt
- Weekly arrival 44,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #20/2022
2) Today’s Price Indication (24 May 2022)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,150-4,370 |
|
Canola Meal |
China |
36% |
3,760-4,030 |
|
DDGS |
USA |
26/28% |
2,700 |
|
Fishmeal |
Peru |
Super |
12,700-13,000 |
|
Fishmeal |
China |
63/150 |
10,800-11,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
5,700 |
|
MBM |
Australia |
Beef 50% |
5,600 |
|
PBM |
USA |
65% |
9,000 |
3) National Feed Production statistics
Table 1 – China Feed Production April 2022
|
item |
Total |
Compound |
Concentrate |
Additive |
|
Apr 2022 (10,000 ton) |
2,249 |
2,100 |
95 |
46 |
|
+/- compare with |
-3.7 |
-3.4 |
-9.6 |
-4.1 |
|
+/-, compare with |
-10.8 |
-9.4 |
-33.7 |
-10.6 |
|
Total Jan-Apr 2022 |
8,969 |
8,312 |
438 |
185 |
|
+/- Cumulative |
-0.8 |
+0.5 |
-18.1 |
-8.1 |
Table 2 – China Feed Production on different species April 2022
|
item |
Pig |
Egg |
Meat |
Aqua |
Ruminant |
Pet |
Other |
|
Apr 2022 (10,000 ton) |
963 |
252 |
705 |
190 |
115 |
8 |
16 |
|
+/- compare with Mar 2022 (%) |
-4.7 |
-4.0 |
-3.3 |
+2.7 |
-7.8 |
-8.0 |
+2.8 |
|
+/-, compare with |
-15.2 |
-9.4 |
-12.1 |
+25.2 |
-4.4 |
-3.4 |
-34.8 |
|
Total Jan-Apr 2022 |
4,100 |
1,039 |
2,701 |
542 |
492 |
34 |
62 |
|
+/- Cumulative |
-3.2 |
-2.9 |
-1.5 |
+32.7 |
+4.7 |
+1.4 |
-23.5 |
In April 2022, total industrial feed output was 22.49 million tons down 3.7% month-on-month and 10.8% year-on-year.
In terms of varieties, pig feed was 4.7% down comparison with March but 15.2% dropped year-on-year. However, the output of aquatic feed was 1.9 million tons up 2.7% month-on-month and 25.2% year-on-year.
From Jan-April 2022, the total national industrial feed output was 89.69 million tons a year-on-year decreases of 0.8%.
4) Importing Statistics/April 2022
Major importing items including Fishmeal, Fish oil, MBM, PBM, and Soybean.
Please click here [CFO Statistics page] to take a look.
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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