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29 Dec 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 51)
- Fishmeal Inventory at port is 221,360 mt
- Weekly off take 23,910 mt
- Weekly arrival 16,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #51/2022
2) Today’s Price Indication (28 December 2022)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,720 |
|
Canola Meal |
China |
36% |
3,330 |
|
DDGS |
USA |
26/28% |
3,480 |
|
Fishmeal |
Peru |
Super |
13,700-13,800 |
|
Fishmeal |
China |
63/150 |
12,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
6,400 |
|
MBM |
Australia |
Beef 48% |
6,400 |
|
PBM |
USA |
65% |
11,000 |
3) China Feed Production November 2022
|
item |
Total |
Compound |
Concentrate |
Additive |
|
Nov 2022 (10,000 ton) |
2,579 |
2,371 |
137 |
59 |
|
+/- compare with Oct 2022 (%) |
-2.8 |
-3.3 |
-3.5 |
+4.4 |
|
+/- compare with Jan to Nov 2021 (%) |
-1.5 |
-1.0 |
+5.5 |
-10.7 |
|
Total Jan-Nov 2022 (10,000 ton) |
26,728 |
24,765 |
1,297 |
558 |
|
+/- Cumulative Jan-Nov yr-on-yr % |
-0.3 |
-0.5 |
+11.3 |
-9.6 |
Comment:
As many people in the fishmeal industry are confirmed Covid-19 so market is quiet and paid more attention to the fishing progress in central and northern Peru.
As for pork meat consumption, China's pork import demand has slowed significantly. Also , China's pork imports are expected to drop by nearly 45%, totaling about 2.7 million tons,
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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