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1) Weekly Report (Wk # 04)
- Fishmeal Inventory at port is 178,140 mt
- Weekly off take 11,450 mt
- Weekly arrival 2,150 mt
Full report, please click below link CFO China Feed Market Weekly Update #04/2023
2) Today’s Price Indication (1February 2023)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
4,710 |
Canola Meal |
China |
36% |
3,390 |
DDGS |
USA |
26/28% |
2,950 |
Fishmeal |
Peru |
Super |
13,500-13,800 |
Fishmeal |
China |
63/150 |
11,700 |
MBM |
Uruguay/Argentina |
Beef 45% |
6,500 |
MBM |
Australia |
Beef 48% |
6,500 |
PBM |
USA |
65% |
11,000 |
Comment:
Generally , Chinese feed market demand is steady after lunar new year holiday .
-SBM: cash market is firm due to low crushing rate during holiday and expected limited soy arrival China in Feb.
- Fishmeal: RMB price is steady as usual and we do not expect any big changes in coming weeks.
- Canola meal : demand is low during winter time , however, we noted users are trying to purchase for Spring time production which could support the current weak prices.
3) Importing Statistics / December 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
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