1) Weekly Report (Wk # 01)
- Fishmeal Inventory at port is 224,720 mt 
- Weekly off take 12,230 mt
- Weekly arrival 10,100 mt
Full report, please click below link CFO China Feed Market Weekly Update #01/2024

2) Today’s Price Indication (10 January 2024)

Today Comments:
Soybean Meal: Inventory is relatively high and the demand is weak so the number of transactions is limited. SBM continues to be weak.

Fishmeal: Market is stable due to the slowdown in the arrival of imported fishmeal. Fishmeal inventory at China main ports have fallen from high levels. Buyers prefer to wait-and-see, and foresee RMB market price shall move at a small range in the short terms.

Canola Seed & Meal: Large quantity of canola imported recently so the supply of seed is sufficient. In January, the rate of crushing gradually recovered due to the need for Lunar New Year. 

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