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03 Apr 2025
Sources:
CFO Exclusively
1) Weekly Report (Wk # 13)
- Fishmeal Inventory at port is 280,040 mt
- Weekly off take 25,630 mt
- Weekly arrival 48,200 mt
Full report, please click below link CFO China Feed Market Weekly Update #13/2025
2) Today’s Price Indication (02 April 2025)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,070 |
|
Canola Meal |
China |
36% |
2,600 |
|
DDGS |
USA |
26/28% |
2,200 |
|
Fishmeal |
Peru |
Super |
12,900-13,000 |
|
Fishmeal |
China |
63/150 |
10,400 |
|
MBM |
Uruguay/Argentina |
Beef 45% |
4,500 |
|
MBM |
Australia |
Beef 48% |
4,500 |
|
PBM |
USA |
65% |
8,300 |
Today Comments:
Imported soy in China has turned from tight to sufficient , so SBM inventories have continued to rise, which has kept SBM RMB prices under pressure recently.
As for imported fishmeal Chinese market, RMB price indication is stable but the fishmeal inventory at China main ports continue to increase to more than 280,000 tons so the mentality of fishmeal traders has changed and prices are negotiable.
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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