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1) Weekly Report (Wk # 22)
- Fishmeal Inventory at port is 269,280 mt
- Weekly off take 24,240 mt
- Weekly arrival 18,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #22/2023
2) Today’s Price Indication (7 June 2023)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
3,850 |
Canola Meal |
China |
36% |
3,250 |
DDGS |
USA |
26/28% |
2,680 |
Fishmeal |
Peru |
Super |
15,100-15,500 |
Fishmeal |
China |
63/150 |
13,200 |
MBM |
Uruguay/Argentina |
Beef 45% |
6,000 |
MBM |
Australia |
Beef 48% |
6,000 |
PBM |
USA |
65% |
10,800 |
Comment:
Peru's production ministry Produce has finally set the total allowable catch (TAC) for the first anchovy fishing season in the important north-central zone at 1.09 million metric tons which is 60 % reduction but under the market expectation.
In China, fishmeal RMB is firm and up to over 15,200 and closed to 15,500 level but negotiable.
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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