22 Nov 2024

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CFO News Weekly Update # 39-40/2024

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10 Oct 2024
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 40)
- Fishmeal Inventory at port is 369,580 mt
- Weekly off take 26,970 mt
- Weekly arrival 37,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #40/2024

2) Today’s Price Indication (09 October 2024)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,120

Canola Meal

China

36%

2,510

DDGS

USA

26/28%

2,030

Fishmeal

Peru

Super

13,000-13,100

Fishmeal

China

63/150

10,000

MBM

Uruguay/Argentina

Beef 45%

4,300

MBM

Australia

Beef 48%

4,300

PBM

USA

65%

7,800-8,000


Today Comments:
Imported fishmeal RMB market is quiet was and wait-and-see atmosphere continued after the long national holiday. The current price of Peruvian super prime fish meal is at 13,000-13,100 yuan/ton level. In the short term, we estimated won’t be changed much.

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@chinafeedonline.com.hk


 

 

 

 

 



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