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09 Dec 2021
Sources:
CFO Exclusively
1) Weekly Report (Wk # 48)
- Fishmeal Inventory at port is 212,050 mt
- Weekly off take 16,330 mt
- Weekly arrival 22,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #48/2021
2) Today’s Price Indication (8 December 2021 – Wk #49)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,300-3,460 |
|
Canola Meal |
China |
36% |
2,880 |
|
DDGS |
USA |
26/28% |
2,380 |
|
Fishmeal |
Peru |
Super |
11,700-12,100 |
|
Fishmeal |
China |
63/130 |
9,900 |
|
MBM |
Uruguay/Argentina |
beef 45% |
4,900 |
|
MBM |
Australia |
beef 50% |
5,000 |
|
PBM |
USA |
65% |
7,800-8,000 |
Comments:
Entering Dec 2021, most of top feed makers raised the compound feed & pre-mix prices again due to high production cost. Major factors are including
- high prices of raw material such as canola meal, cotton seed meal, corn and fishmeal.
- ocean freight upsurge and limited containers space
- energy prices upsurge and restriction in consumption of electricity
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@21cfo.com
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