1) Weekly Report (Wk # 14)
- Fishmeal Inventory at port is 223,180 mt 
- Weekly off take 20,370 mt
- Weekly arrival 22,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #14/2023

2) Today’s Price Indication (12 April 2023)

Comment:
1) GACC published notification # 29 in April/2023 trying to further supervision of fishmeal (dangerous goods) at destination port. And this so called ‘Single Trade Window“is for Chinese receivers’ doing importing customs clearance. 

As a manufacturer/exporter, please ensure the Chinese label, package & documents meet “dangerous goods” requirements.

As for fishmeal, it is classified as “Class 9, UN 2216 “and if any fumigation treated the label should be also sticked outside of containers. For more details about fishmeal dangerous goods label, please feel free to contact license@21cfo.com. 

2) Peruvian fishmeal (Super prime) RMB price is increasing RMB1-200 /mt this week mainly due to market expecting the lower fishing quota in Peru this season. Also, soybean meal demand is getting improving, the selling price moving up about RMB2-300 /mt a week as well. Entering April, weather is warm and demand basically getting stronger. 

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