1) Weekly Report (Wk # 16)
- Fishmeal Inventory at port is 260,770 mt
- Weekly off take 25,980 mt
- Weekly arrival 36,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #16/2024

2) Today’s Price Indication (24 April 2024)

3) Importing Statistics / March 2024
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean, Canola Meal.
Please click here [CFO Statistics Page] to take a look.

Today Comments:
The fishmeal International market is under pressure, among which the pre-sale price of Peruvian super steam fish meal is referenced at CNF US$1,850/ton level , further down again.

In China, the demand recovery is pretty slow and the fishmeal inventory at China main ports is high. RMB cash market further dropped again this week.  In the short-term, most of buyers prefer continue to set back & wait till the fishing situation in Peru is more clear. 

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