1) Weekly Report (Wk # 03)
- Fishmeal Inventory at port is 199,740 mt 
- Weekly off take 19,600 mt
- Weekly arrival 4,600 mt
Full report, please click below link CFO China Feed Market Weekly Update #03/2024

2) Today’s Price Indication (24 January 2024)

3) Importing Statistics / December 2023
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean, Canola Meal.
Please click here [CFO Statistics Page] to take a look.

Today Comments:
Soybean Meal: The current stocks of soybeans and SBM are still high, and SBM has not yet gotten rid of its weak situation.

Canola Meal: The demand for aqua-feed moving up before the Spring Festival is increasing and the demand for medium and long-term by some aquatic feed manufacturers is also increased. Canola meal inventory in major oil mills have continued to decline, supporting canola meal prices to a certain extent. Canola meal prices are expected to remain volatile.

Fishmeal: Inventory at China main ports continue to fall. There is a strong wait-and-see attitude in the short-term fishmeal market. However, RMB cash market is still firm due to seasonal demand of pre-holiday.

Poultry Meal: Demand is strong and buyers are pretty active to book some quantity for coming season consumption. At present, RMB resell value is actually breakeven with importing cost. 

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