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16 May 2024
Sources:
CFO Exclusively
1) Weekly Report (Wk # 19)
- Fishmeal Inventory at port is 274,270 mt
- Weekly off take 22,660 mt
- Weekly arrival 27,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #19/2024
2) Today’s Price Indication (15 May 2024)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,450 |
|
Canola Meal |
China |
36% |
2,880 |
|
DDGS |
USA |
26/28% |
2,330 |
|
Fishmeal |
Peru |
Super |
16,100-16,500 |
|
Fishmeal |
China |
63/150 |
12,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
4,700 |
|
MBM |
Australia |
Beef 48% |
4,800 |
|
PBM |
USA |
65% |
8,300 |
Today Comments:
In the Chinese imported fishmeal market, the inventory at China main ports is at 273,000 tons high mainly because demand is still very weak the week.
RMB price of Peruvian super prime fishmeal is steady basically and actual transactions are mainly negotiated. It is expected that the market shall continue moving slow.
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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