Welcome to global CFO

10 May 2024

Join Now | Free Trial | Login | Membership

Cash trend of China fishmeal has been keeping flat at RMB13,800/ton recently at Shanghai port during the week while depreciating currency of RMB remains itself as a fact supports RMB cash market went high recently. However, the entire inventory of China fishmeal stockpiled at main ports keeps moving up that may more or less ease the uptrend.

RMB Cash Market:

国内主要港口秘鲁鱼粉参考报价表（元/吨） China Peruvian Fishmeal Cash Market by Ports (RMB/mt)
港口 Ports	品质规格 Quality	周数 Week #44	周数 Week #43	环比变化 Changes
大连	SD68% 超级	13800	13800	0
大连	SD65%普通	12800	12800	0
天津	SD68% 超级	13800	13800	0
天津	SD65%普通	12800	12800	0
上海	SD68% 超级	13800	13800	0
上海	SD65%普通	12600	12600	0
黄埔	SD68% 超级	13800	13800	0
黄埔	SD65%普通	12600	12600	0

FM Stock & Off-take:

周中国主要港口进口鱼粉库存表（吨）
China Fishmeal (Stock & Off Take) Weekly Status (mt)
港口	Wk #44			Wk #43
Ports	本周	出库量	入库量	上周
	Current Stock	Off Take	Weekly Arrival	Previous Stock
上海Shanghai	57620	6610	11000	53230
黄埔Huangpu	99050	14270	14500	98820
天津 Tianjin	2660	210	600	2270
大连Dalian	13810	1560	2700	12670
其他Other	48480	2690	2900	48270
合计Total Qty	221620	25340	31700	215260
上周鱼粉出库量				25620
Total FM sold/off-take from ports warehouse previous week:				25620
来源：饲料在线港口代表统计Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 8/Nov/2022			Unit: RMB／mt
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #44
Zhejiang	63% / TVN 150 (semi-defatted)	12,000
	65% / TVN 150 (semi-defatted)	12,800
Shandong	65% / TVN 100 (semi-defatted)	12,500
- Domestic prices keep strong while spring breeding would be started up soon since earlier of March.

White Fishmeal

Updated: 8/Nov/2022			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #44	Wk #43	Changes
American Seafoods	16,300	16,300	--
Russian WFM - 60% - high pro	13,800	13,800	--
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil

秘鲁鱼油离岸价格（美元／吨） Peruvian Fish oil Market FOB Price(USD/mt)
品质包装 Quality/Packing		周数Wk #44	条款Terms
粗制水产级散装	Crude (Aqua grade) in Bulk	3900-4000	FOB PI
粗制水产级桶装	Crude (Aqua grade) in Drums	-	FOB FCL
粗制水产级液体袋装	Crude (Aqua grade) in Flexi tank	-	FOB FCL
粗制欧米茄3 桶装	Crude (Omega-3) in Drums	4400-4500	FOB FCL
注：FOB:秘鲁港口离岸价、FCL:集装箱装运。

FM Comments:

RMB Market: RMB cash market would be keeping up in basic when currency of RMB remains depreciating status in Q4. However, the increasing fishmeal inventory stockpiled at China ports would more or less slow down the uptrend.

II. Animal Protein/Grain Sections

肉骨粉参考价格（人民币／吨） Meat and Bone meal Price Ideas (RMB/mt)
产地 Origin	蛋白 Protein	周数 Wk #44	周数 Wk #43	船期 Shipment	周变化 Changes
乌拉圭, 散装／牛 Uruguay, Beef Bulk	45-47%	6,400	6,200	12 2022/01 2023	+200
澳大利亚，散装／牛 Australia, beef Bulk	48%	6,400	6,200	11 2022	+200
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

Soybean Meal

Updated: 8/Nov/2022				Unit: RMB/mt
China Soybean Meal Market Future Price
Contract Period	Today’s Price	1 weeks ago	2 week ago	3 weeks ago
January 2023	4,189	4,243	4,045	4,003
May 2023	3,725	3,720	3,626	3,604
September 2023	3,669	3,632	3,588	3,591