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15 Jun 2023
Sources:
CFO Exclusively
1) Weekly Report (Wk # 23)
- Fishmeal Inventory at port is 265,470 mt
- Weekly off take 29,310 mt
- Weekly arrival 25,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #23/2023
2) Today’s Price Indication (14 June 2023)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,830 |
|
Canola Meal |
China |
36% |
3,290 |
|
DDGS |
USA |
26/28% |
2,600 |
|
Fishmeal |
Peru |
Super |
16,400-16,500 |
|
Fishmeal |
China |
63/150 |
14,450 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
6,000 |
|
MBM |
Australia |
Beef 48% |
6,000 |
|
PBM |
USA |
65% |
10,800 |
Comment:
- Fishmeal RMB price is continuing moving up due to uncertainty of fish and low quota.
-SBM/MBM: following the weak SBM, MBM traders are facing the high importing cost but low profit. And most of sales lost about RMB 3-500/mt. We didn’t see the situation will be improving shortly as formula changed due to cheap SBM.
3) MOARA Feed and Feed Additive Registration List
MOARA China Feed and Feed Additive Registration List No. 675 published.
Total 98 facilities /178 products have been approved / renewed.
Full List is published at CFO License website, please [click here]
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
Sincerely yours,
Charles Wang
Tel: 852- 2871 0708
Email: cfo@chinafeedonline.com.hk /cfo@chinafeedonline.com
ChinaFeedOnline.com.hk/ChinaFeedOnline.com>> Your gateway to the China feed market
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