24 Dec 2024

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CFO News Weekly Update # 50-51/2024

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24 Dec 2024
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 51)
- Fishmeal Inventory at port is 249,320 mt
- Weekly off take 25,970 mt
- Weekly arrival 17,000 mt
Full report, please click below link CFO China Feed Market Weekly Update #51/2024

2) Today’s Price Indication (24 December 2024)

Products

Origin

Quality

RMB/mt

SBM

China

43%

2,900

Canola Meal

China

36%

2,260

DDGS

USA

26/28%

2,010

Fishmeal

Peru

Super

13,000-13,100

Fishmeal

China

63/150

10,100

MBM

Uruguay/Argentina

Beef 45%

4,200

MBM

Australia

Beef 48%

4,200

PBM

USA

65%

8,100-8,200


Today Comments:
According to China Customs record, China imported 1,847,027.45mt in 2024, an increase of 20.37% year-on-year. Among them, China imported 89,781.11 in Nov 2024, a decrease of 38.72% from the previous month and 34.72% from the previous year.

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

4) China Feed Production November 2024

Item

Total
Production

Compound
Feed

Concentrate
Feed

Additive
Premix

Nov 2024 (10,000 ton)

2,710

2,516

116

63

+/- compare with Oct 2024(%)

-1.2

-1.6

+5.8

+2.9

+/- compare with Nov 2023 (%)

-2.7

-2.3

-10.3

-0.7

Total Jan-Nov 2024 (10,000 ton)

28,093

26,167

1,153

635

+/- Cumulative Jan-Nov yr-on-yr %

-2.3

-2.1

-9.1

-1.6



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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