1) Weekly Report (Wk # 42)
- Fishmeal Inventory at port is 203,080 mt 
- Weekly off take 25,340 mt
- Weekly arrival 29,300 mt
Full report, please click below link CFO China Feed Market Weekly Update #42/2022

2) Today’s Price Indication (26 October 2022)

Comment:
Soybean Meal: supply of SBM in Chinese market is tight mainly due to short of beans (low crushing rate), but demand of SBM is declining at such high prices level.

Fishmeal: Peruvian super prime indication continuing firm at about US$1800 over. Per China Customs importing record, fishmeal imports in Sept increased by about 25.67% year-on-year.  However, the fishmeal RMB market is expected to be firm supported by high cost of importing fishmeal.

Canola Meal: The operating rate of domestic canola oil crushing mill continuing to decline, as such the stock of canola meal fell to a low level.  Also, SBM continuing firm which supported the RMB price of canola meal.  However, aquaculture season is ending, demand of canola is reducing as well.

MBM: Jan-Aug 2022 imports quantity of MBM is about 5.65% lower than year 2021; Consumption of MBM mainly go to pet food production at current high cost. Major importing ports are Tianjin, Dalian, Qingdao, Shanghai and Guangzhou which is account for over 70% of the total imports in China.

3) Importing Statistics / September 2022
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean.
Please click here [CFO Statistics Page] to take a look.

Remark:
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