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13 Jun 2024
Sources:
CFO Exclusively
1) Weekly Report (Wk # 23)
- Fishmeal Inventory at port is 237,580 mt
- Weekly off take 32,480 mt
- Weekly arrival 24,100 mt
Full report, please click below link CFO China Feed Market Weekly Update #23/2024
2) Today’s Price Indication (12 June 2024)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,360 |
|
Canola Meal |
China |
36% |
2,740 |
|
DDGS |
USA |
26/28% |
2,320 |
|
Fishmeal |
Peru |
Super |
16,100-16,300 |
|
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:
Fishmeal RMB market is not much changed after a long weekend. Fishmeal inventory at China main ports is continuing declining due to lesser arrival but demand is limited.
Overall, the trend of imported fishmeal is weak and in the short term, it is not expected too much improved.
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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