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18 Apr 2024
Sources:
CFO Exclusively
1) Weekly Report (Wk # 15)
- Fishmeal Inventory at port is 250,250 mt
- Weekly off take 22,200 mt
- Weekly arrival 42,900 mt
Full report, please click below link CFO China Feed Market Weekly Update #15/2024
2) Today’s Price Indication (17 April 2024)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,390 |
|
Canola Meal |
China |
36% |
2,720 |
|
DDGS |
USA |
26/28% |
2,290 |
|
Fishmeal |
Peru |
Super |
16,400-16,700 |
|
Fishmeal |
China |
63/150 |
12,300 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
4,800 |
|
MBM |
Australia |
Beef 48% |
4,900 |
|
PBM |
USA |
65% |
8,200-8,500 |
Today Comments:
The fishmeal International market is under pressure, among which the pre-sale price of Peruvian super steam fish meal is referenced at CNF US$1,900/ton level , down US$150/ton.
In China, the demand recovery is pretty slow and the fishmeal inventory at China main ports is high. In the short-term, most of buyers prefer continue to set back & wait till the fishing situation in Peru is more clear.
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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