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22 Nov 2024

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Cash trend of China fishmeal has been keeping slowing down to RMB12,900/ton at Shanghai port during the week while such high-rising inventory of China fishmeal stockpiled at ports remain itself as a fact reduces RMB cash market. However, such high-rising fishmeal stockpiles would keep exist at China ports till November though the newly fishing season could be starting up in a month.

RMB Cash Market:

国内主要港口秘鲁鱼粉参考报价表（元/吨） China Peruvian Fishmeal Cash Market by Ports (RMB/mt)
港口 Ports	品质规格 Quality	周数 Week40	周数 Week41	环比变化 Changes
大连 Dalian	SD68% 超级	13,200	12,900	-300
大连 Dalian	SD65%普通	10,500	10,400	-100
天津 Tianjin	SD68% 超级	13,200	12,900	-300
天津 Tianjin	SD65%普通	10,500	10,400	-100
上海 Shanghai	SD68% 超级	13,200	12,900	-300
上海 Shanghai	SD65%普通	10,500	10,400	-100
黄埔 Huangpu	SD68% 超级	13,200	12,900	-300
黄埔 Huangpu	SD65%普通	10,500	10,400	-100

FM Stock & Off-take:

周中国主要港口进口鱼粉库存表（吨） China Fishmeal (Stock & Off Take) Weekly Status (mt)
港口 Ports	Wk #40			Wk #39
港口 Ports	本周 Current Stock	出库量 Off Take	入库量 Weekly Arrival	上周 Previous Stock
上海Shanghai	96,050	5,030	2,600	96,050
黄埔Huangpu	205,120	17,230	5,400	216,950
天津 Tianjin	2,220	180	0	2,400
大连Dalian	15,920	1,090	0	17,010
其他Other	37,110	2,360	2,200	37,270
合计Total Qty	353,890	25,890	10,200	369,580
上周鱼粉出库量 Total FM sold/off-take from ports warehouse previous week:				29,670
来源: 饲料在线港口代表统计 Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 14/Oct/2024			Unit: RMB/mt
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #40	Wk #41
Zhejiang	63% / TVN 150 (semi-defatted)	10,000	9,400
Zhejiang	65% / TVN 150 (semi-defatted)	10,700	10,100
Shandong	65% / TVN 100 (semi-defatted)	10,500	9,800

White Fishmeal

Updated: 14/Oct/2024			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #40	Wk #41	Changes
American Seafood	17,000	17,000	--
Russian WFM-60%-high pro	16,200	16,200	--
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

II. Animal Protein/Grain Sections

肉骨粉参考价格（人民币/吨） Meat and Bone Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #40	周数 Wk #41	船期 Shipment	周变化 Changes
乌拉圭, 散装/牛 Uruguay, Beef Bulk	45-47%	4,300	4,300	11 2024	--
澳大利亚, 散装/牛 Australia, Beef Bulk	48%	4,300	4,300	10/11 2024	--
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

鸡肉粉参考价格（人民币/吨） Poultry Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #40	周数 Wk #41	船期 Shipment	周变化 Changes
美国, 袋装 USA, Bags	65%	7,800-8,000	7,800-8,000	11 2024	--
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

Soybean Meal

Updated: 14/Oct/2024				Unit: RMB/mt
China Soybean Meal Future Market Price
Contract Period	Today Price	1 weeks ago	2 weeks ago	3 weeks ago
Jan 2025	2,991	3,019	3,150	3,056
May 2025	2,794	2,837	2,940	2,851
Sep 2025	2,867	2,921	3,001	2,929