1) Weekly Report (Wk # 22)
- Fishmeal Inventory at port is 255,950 mt 
- Weekly off take 27,640 mt
- Weekly arrival 26,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #22/2021

2)  Today’s Price Indication (9 June 2021 – Wk #23)

Comment:
- Aquatic products especially fish & shrimp prices are at high end due to small number of fish stockpile in ponds since early this year after Chinese new year.
In view of high profit of aquaculture, farmers are aggressively to increase production at this moment.
- Also, number of live pig is almost fully recovered to the level before African Swine Fever outbreak ,As such, soybean meal , canola meal demand are largely increase entering May high season.  
- As for animal protein demand is picking up.  However, fishmeal RMB price is steady to weak because the high inventory of fishmeal at China main ports still.  In particular, fishmeal cash market in South (Guangdong) is lower this weak due to outbreak again of Covid-19. 

Remark:  

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