1) Weekly Report (Wk # 13)
- Fishmeal Inventory at port is 211,750 mt
- Weekly off take 19,200 mt
- Weekly arrival 30,460 mt
Full report, please click below link CFO China Feed Market Weekly Update #13/2024

2) Today’s Price Indication (03 April 2024)

Today Comments:
Fishmeal RMB market is falling due to high inventory at China main ports. The Chinese fishmeal traders are under the heavy pressure. Peruvian super prime fishmeal is RMB 16,300-16,800 /mt level. In the short term, the fishmeal market is expected to continue to be under pressure. As for animal protein, PBM is being adjusted lower at RMB 8,200-8,500 (depending on brands) with poor 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