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CFO News Weekly Update # 35-36

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08 Sep 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 35)
- Fishmeal Inventory at port is 194,340 mt 
- Weekly off take 31,880 mt
- Weekly arrival 35,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #35/2022

2) Today’s Price Indication (7 September 2022)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,640

Canola Meal

China

36%

3,600

DDGS

USA

26/28%

2,690

Fishmeal

Peru

Super

12,900-13,200

Fishmeal

China

63/150

11,000

MBM

Uruguay/Argentina

Beef 45%

5,900

MBM

Australia

Beef 50%

5,900

PBM

USA

65%

9,500

Comment:
On September 1, the four-month fishing ban in the Yellow Sea and Bohai Sea ended, and more than 3000 fishing boats from Qingdao went to the sea to carry out autumn fishing operations. Qingdao is one of the largest Chinese fishmeal production bases.  We will keep monitoring the local fishmeal prices movement in coming weeks. 

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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