1) Weekly Report (Wk # 49)
- Fishmeal Inventory at port is 209,620 mt 
- Weekly off take 15,290 mt
- Weekly arrival 29,600 mt
Full report, please click below link CFO China Feed Market Weekly Update #49/2023

2) Today’s Price Indication (13 December 2023)

Today Comments:
Soybean Meal: The actual arrival volume of imported soybeans in November was significantly lower than expected. The growth rate of soybean meal inventories will slow down, supporting the rebound of soybean meal RMB prices.

Fishmeal: The fishmeal RMB cash market has been adjusted weakly. The RMB price of imported Peruvian super prime has dropped about 300 RMB/mt; as for the low protein fishmeal has dropped about RMB 500-1,000 /mt. The overall market transactions were poor, and fishmeal inventory at China main ports reached to about 210,000 mt level. It is expected the short-term fishmeal market shall continue its weak momentum. 

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