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CFO News Weekly Update # 06-07

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15 Feb 2023
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 06)
- Fishmeal Inventory at port is 174,870 mt 
- Weekly off take 24,350 mt
- Weekly arrival 26,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #06/2023

2) Today’s Price Indication (15 February 2023)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,650

Canola Meal

China

36%

3,430

DDGS

USA

26/28%

2,920

Fishmeal

Peru

Super

13,700-13,800

Fishmeal

China

63/150

11,700

MBM

Uruguay/Argentina

Beef 45%

6,300

MBM

Australia

Beef 48%

6,300

PBM

USA

65%

10,300


3) China Feed Production Tendency 2022
Table 1 – China Feed Production 2022

item

Total
Production

Compound
Feed

Concentrate
Feed

Additive
Premix

Total Jan- Dec 2022
(10,000 ton)

30,223.4

28,021.2

1,426.2

652.2

+/- Cumulative
Jan-Dec yr-on-yr %

+3.0

+3.7

-8.1

-1.6


Table 2 – China Feed Production on different species 2022

item

Pig

Egg
Poultry

Meat
Poultry

Aqua

Ruminant

Pet

Other

Total Jan-Dec 2022
(10,000 ton)

13579.5

3,210.9

8,925.4

2,525.7

1,616.8

123.7

223.3

+/- Cumulative
Jan-Dec yr-on-yr %

+4.0

-0.6

-0.2

+10.2

+9.2

+9.5

7.2

Comment:
Overall Year 2022 feed production is increased about 3% comparing with year before. This growth is mainly from aquaculture feed and pig feed.  

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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