24 Nov 2024

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CFO News Weekly Update # 21-22

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02 Jun 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 21)
- Fishmeal Inventory at port is 257,780 mt 
- Weekly off take 23,340 mt
- Weekly arrival 36,300 mt
Full report, please click below link CFO China Feed Market Weekly Update #21/2022

2) Today’s Price Indication (1 June 2022)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,160-4,350

Canola Meal

China

36%

3,790-4,000

DDGS

USA

26/28%

2,730

Fishmeal

Peru

Super

12,700-13,000

Fishmeal

China

63/150

11,000

MBM

Uruguay/Argentina

Beef 45%

5,700

MBM

Australia

Beef 50%

5,600

PBM

USA

65%

9,000

Comment:

Fishmeal local traders’ offer is a bit softer today due to fishmeal inventory is getting huger. However, it is expected that quarantine situation could be released more at Shanghai port in June.

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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