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31 Dec 2024
Sources:
CFO Exclusively
1) Weekly Report (Wk # 52)
- Fishmeal Inventory at port is 241,240 mt
- Weekly off take 23,480 mt
- Weekly arrival 15,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #52/2024
2) Today’s Price Indication (31 December 2024)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
2,930 |
|
Canola Meal |
China |
36% |
2,270 |
|
DDGS |
USA |
26/28% |
2,010 |
|
Fishmeal |
Peru |
Super |
12,900-13,000 |
|
Fishmeal |
China |
63/150 |
10,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
4,300 |
|
MBM |
Australia |
Beef 48% |
4,300 |
|
PBM |
USA |
65% |
8,000-8,200 |
Today Comments:
China Customs data showed that in November 2024 , the proportion of imported non-Peruvian fish meal was 71%, The top three non-Peruvian fishmeal importers are Vietnam, Russia and the United States.
the arrival volume of fish meal is continuing declining in December and the fish meal inventory at china main ports will decrease. The year-end market demand is general, and the RMB price of fish meal is weak.
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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