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18 Aug 2022
Sources:
CFO Exclusively
1) Weekly Report (Wk # 32)
- Fishmeal Inventory at port is 192,530 mt
- Weekly off take 30,860 mt
- Weekly arrival 36,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #32/2022
2) Today’s Price Indication (17 August 2022)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
4,300 |
|
Canola Meal |
China |
36% |
3,600 |
|
DDGS |
USA |
26/28% |
2,640 |
|
Fishmeal |
Peru |
Super |
13,000-13,300 |
|
Fishmeal |
China |
63/150 |
11,000 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
5,900 |
|
MBM |
Australia |
Beef 50% |
5,800-5,900 |
|
PBM |
USA |
65% |
9,300 |
3) National Feed Production Status
Table 1 – China Feed Production July 2022
|
item |
Total |
Compound |
Concentrate |
Additive |
|
Jul 2022 (10,000 ton) |
2,458 |
2,291 |
108 |
49 |
|
+/- compare with Jun 2022 (%) |
+5.4 |
+5.6 |
+2.2 |
+4.7 |
|
+/- compare with Jan to Jul 2021 (%) |
-6.8 |
-6.8 |
-8.2 |
-7.7 |
|
Total Jan-Jul 2022 (10,000 ton) |
16,111 |
14,961 |
759 |
328 |
|
+/- Cumulative Jan-Jul yr-on-yr % |
-4.7 |
-3.9 |
-17.4 |
-9.2 |
Table 2 – China Feed Production on different species July 2022
|
item |
Pig |
Egg |
Meat |
Aqua |
Ruminant |
Pet |
Other |
|
Jul 2022 (10,000 ton) |
983 |
246 |
743 |
344 |
116 |
9 |
17 |
|
+/- compare with Jun 2022 (%) |
+4.0 |
-1.1 |
+6.0 |
+16.6 |
-0.3 |
-6.9 |
+2.1 |
|
+/- compare with Jan to Jul 2021 (%) |
-11.1 |
-8.7 |
-9.0 |
+11.8 |
+4.5 |
+18.2 |
-12.0 |
|
Total Jan-Jul 2022 (10,000 ton) |
7,014 |
1,792 |
4,857 |
1,434 |
841 |
62 |
112 |
|
+/- Cumulative Jan-Jul yr-on-yr % |
-7.4 |
-4.7 |
-7.1 |
+18.7 |
+3.1 |
+6.6 |
-23.1 |
Comment:
The output of aquatic feed was 3.44 million tons, a month-on-month increase of 16.6% and a year-on-year increase of 11.8%;
The demand was weak, and the fishmeal inventory at the port increased to 194,100 tons; at the same time, the impact of the decrease in the external price caused the fishmeal RMB price is negotiable in Domestic market.
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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