21 Dec 2024

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CFO News Weekly Update # 48-49/2024

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12 Dec 2024
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 49)
- Fishmeal Inventory at port is 275,460 mt
- Weekly off take 28,300 mt
- Weekly arrival 17,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #49/2024

2) Today’s Price Indication (11 December 2024)

Products

Origin

Quality

RMB/mt

SBM

China

43%

2,920

Canola Meal

China

36%

2,200

DDGS

USA

26/28%

2,050

Fishmeal

Peru

Super

13,200-13,300

Fishmeal

China

63/150

10,000

MBM

Uruguay/Argentina

Beef 45%

4,200

MBM

Australia

Beef 48%

4,200

PBM

USA

65%

8,100-8,200


Today Comments:
Peruvian suppliers are not active in offering at this moment and price is firm. As for Chinese market, fishmeal Inventory at China main ports continue declining but RMB cash market is negotiable. Actual transactions depending on different brands, product quality, etc.

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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