1) Weekly Report (Wk # 35)
- Fishmeal Inventory at port is 167,690 mt 
- Weekly off take 20,950 mt
- Weekly arrival 26,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #35/2023

2) Today’s Price Indication (5 September 2023)

Comment:
SBM: The domestic soybean meal market continues at a high level, but current high SBM RMB price has increased the market's willingness to accept it.  As such, trading volume is largely reduced.

The imported fish meal RMB prices are basically steady. Inventory of FM at China main ports slightly increased. Similar situation like SBM, the sales activities at domestic market is limited due to high cost. At the same time, we are monitoring the local fishmeal production. As for poultry meal, Chinese buying idea is lower to reflect the winter season weaker consumption in Chinese market.

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 .  

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