1) Weekly Report (Wk # 46)
- Fishmeal Inventory at port is 213,050 mt 
- Weekly off take 24,930 mt
- Weekly arrival 14,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #46/2022

2) Today’s Price Indication (24 November 2022)

Comment:
Fishmeal: The price of RMB fishmeal is firm though transaction here is quiet. Peruvian super prime indication at about US$1830/mt CNF level. At present, most of Chinese traders trying to hold the price firm due to delaying new fishing season in Peru.

Soybean Meal: It is expected that with the increase in the volume of imported soybeans arriving in China and the production of Soybean Meal will increase so the price of Soybean Meal is having pressure to move further down. It is about RMB 400-500/mt adjusted lower from the peak. We foresee the Soybean Meal RMB price will continue moving lower except Southern China.

Canola meal: Domestic Inventory is low in China which is the major factory supporting the market. In view of the import of canola will gradually increase in Jan 2023. It will be a downward trend of RMB market during winter time.

3) Importing Statistics / October 2022
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean, Canola Meal.
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