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01 Dec 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 47)
- Fishmeal Inventory at port is 219,630 mt
- Weekly off take 23,420 mt
- Weekly arrival 30,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #47/2022
2) Today’s Price Indication (30 November 2022)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
5,090 |
|
Canola Meal |
China |
36% |
3,780 |
|
DDGS |
USA |
26/28% |
3,040 |
|
Fishmeal |
Peru |
Super |
13,900-14,000 |
|
Fishmeal |
China |
63/150 |
12,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
6,400 |
|
MBM |
Australia |
Beef 48% |
6,400 |
|
PBM |
USA |
65% |
11,000 |
Comment:
Soy Crushing is increasing so that SBM RMB price is lower again this week. We are expecting the SBM RMB market will continue moving lower in coming week under the pressure of zero-covid policy with weak demand. As for fishmeal/PBM/MBM RMB prices are continuing firm without much changed.
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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