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1) Weekly Report (Wk # 50)
	- Fishmeal Inventory at port is 221,520 mt 
	- Weekly off take 15,200 mt
	- Weekly arrival 27,100 mt
	Full report, please click below link CFO China Feed Market Weekly Update #50/2023
	
	2) Today’s Price Indication (20 December 2023)
| 
				 Products  | 
			
				 Origin  | 
			
				 Quality  | 
			
				 RMB/mt  | 
		
| 
				 SBM  | 
			
				 China  | 
			
				 43%  | 
			
				 3,870  | 
		
| 
				 Canola Meal  | 
			
				 China  | 
			
				 36%  | 
			
				 2,860  | 
		
| 
				 DDGS  | 
			
				 USA  | 
			
				 26/28%  | 
			
				 2,380  | 
		
| 
				 Fishmeal  | 
			
				 Peru  | 
			
				 Super  | 
			
				 17,300-17,400  | 
		
| 
				 Fishmeal  | 
			
				 China  | 
			
				 63/150  | 
			
				 10,300  | 
		
| 
				 MBM  | 
			
				 Uruguay/Argentina  | 
			
				 Beef 45%  | 
			
				 5,500-5,600  | 
		
| 
				 MBM  | 
			
				 Australia  | 
			
				 Beef 48%  | 
			
				 5,500-5,600  | 
		
| 
				 PBM  | 
			
				 USA  | 
			
				 65%  | 
			
				 7,200  | 
		
	Today Comments:
	All kinds of protein meal market overall is weak in China. Mainly because China domestic breeding losses have led to limited demand.
	
	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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