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11 May 2023
Sources:
CFO Exclusively
1) Weekly Report (Wk # 18)
- Fishmeal Inventory at port is 245,370 mt
- Weekly off take 14,000 mt
- Weekly arrival 18,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #18/2023
2) Today’s Price Indication (10 May 2023)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,430 |
|
Canola Meal |
China |
36% |
3,220 |
|
DDGS |
USA |
26/28% |
2,740 |
|
Fishmeal |
Peru |
Super |
14,600-15,000 |
|
Fishmeal |
China |
63/150 |
12,800 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
6,200 |
|
MBM |
Australia |
Beef 48% |
6,200 |
|
PBM |
USA |
65% |
10,500 |
Comment:
Fishmeal RMB prices is continuing moving higher due to Peru new season delaying. Today some Chinese traders is trying to push super prime at RMB 15,000/mt level which is about RMB 500/mt higher than last week.
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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