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22 Apr 2021
Sources:
CFO Exclusively
1) Weekly Report (Wk # 15)
- Fishmeal Inventory at port is 185,570 mt
- Weekly off take 18,300 mt
- Weekly arrival 32,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #15/2021
2) Today’s Price Indication (21 April 2021 – Wk #16)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,420-3,550 |
|
Canola Meal |
China |
36% |
2,840 |
|
DDGS |
USA |
26/28% |
2,440 |
|
Fishmeal |
Peru |
Super |
10,800-11,100 |
|
Fishmeal |
China |
63/130 |
9,300 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,800 |
|
MBM |
Australia |
beef 50% |
4,700 |
|
PBM |
USA |
65% |
8,200 |
Comments:
During Jan-March 2021, China Feed total production increasing 20.7% year to year. Pig feed production is expected to fully recovered from African swine fever.
Fishmeal RMB cash market is continuing and not yet see any improving form aqua feed demand due to drought in southern part of China.
3) China license:
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@21cfo.com
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