1) Weekly Report (Wk # 32)
- Fishmeal Inventory at port is 239,210 mt
- Weekly off take 31,220 mt
- Weekly arrival 42,800 mt
Full report, please click below link CFO China Feed Market Weekly Update #32/2024

2) Today’s Price Indication (14 August 2024)

Today Comments:
Fishmeal market in China is under pressure. Fishmeal inventory at China main ports have risen at a high level, and sales transactions are limited. In the short term, it is expected that fishmeal inventory at Chinese ports will continue to increase, and fishmeal RMB prices will fall under pressure.

As for SBM market, large number of imported soybeans have arrived at the Chinese port. Also, the supply of soybean meal is sufficient and buyers are cautious in purchasing activities.  The inventory has reached a historical high of 1.5 million tons, which has continued to put pressure on RMB prices.

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

 Sincerely yours,