1) Weekly Report (Wk # 30)
- Fishmeal Inventory at port is 215,480 mt
- Weekly off take 31,570 mt
- Weekly arrival 44,300 mt
Full report, please click below link CFO China Feed Market Weekly Update #30/2024

2) Today’s Price Indication (31 July 2024)

Today Comments:
In China, the imported fishmeal market is under pressure.  Fishmeal inventory at China main ports have increased mainly because slow consumption under the new season of Peruvian fishmeal cargo continuing arrival. This week, Peruvian super prime fishmeal is declined about RMB200/mt. It is expected fishmeal market RMB prices will continue moving downward in coming weeks. 

As for soybean meals, inventory is keeping at a high level because the limited demand from end users. Furthermore, large volume of soy beans arriving at Chinese ports which has continued to put pressure on SBM RBM market

Remark:
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