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16 Jan 2025
Sources:
CFO Exclusively
1) Weekly Report (Wk # 02)
- Fishmeal Inventory at port is 237,190 mt
- Weekly off take 21,860 mt
- Weekly arrival 16,500 mt
Full report, please click below link CFO China Feed Market Weekly Update #02/2025
2) Today’s Price Indication (15 January 2025)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,060 |
|
Canola Meal |
China |
36% |
2,320 |
|
DDGS |
USA |
26/28% |
2,040 |
|
Fishmeal |
Peru |
Super |
12,900-13,000 |
|
Fishmeal |
China |
63/150 |
10,100 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
4,300 |
|
MBM |
Australia |
Beef 48% |
4,300 |
|
PBM |
USA |
65% |
8,100-8,200 |
Today Comments:
Recently, major Chinese feed makers such as Tongwei, Haida, and Yuehai have begun to reduce feed prices at the range RMB 300-600/mt. On the other hand soybean meal RMB is very firm but hardly stopped the decline in feed prices. In Chinese fishmeal market, the market transaction is general, and the RMB cash price is soft.
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@chinafeedonline.com.hk
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