1) Weekly Report (Wk # 34)
- Fishmeal Inventory at port is 261,070 mt
- Weekly off take 29,160 mt
- Weekly arrival 45,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #34/2024

2) Today’s Price Indication (28 August 2024)

Today Comments:
Imports of fishmeal continued to increase in August. At the same time, domestic fish meal production season is to commence in September. In terms of demand, the number of shrimp is declined this summer; also shrimp disease rate is high due to continuous heavy rain. As such, demand of fishmeal is largely reduced during summer peak season. Overall, the fishmeal market is under heavy pressure and foresees it shall move further lower in coming weeks.

As for soybean meal, it is expected that it will continue to fluctuate and adjust lower due to sufficient supply & weak demand situation remain.

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

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