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1) Weekly Report (Wk # 16)
- Fishmeal Inventory at port is 291,770 mt
- Weekly off take 28,440 mt
- Weekly arrival 30,200 mt
Full report, please click below link CFO China Feed Market Weekly Update #16/2025
2) Today’s Price Indication (23 April 2025)
Products |
Origin |
Quality |
RMB/mt |
SBM |
China |
43% |
3,830 |
Canola Meal |
China |
36% |
2,650 |
DDGS |
USA |
26/28% |
2,250 |
Fishmeal |
Peru |
Super |
12,800-13,000 |
Fishmeal |
China |
63/150 |
10,500 |
MBM |
Uruguay/Argentina |
Beef 45% |
4,500 |
MBM |
Australia |
Beef 48% |
4,500 |
PBM |
USA |
65% |
9,500 |
Today Comments:
Under the new tariff, It is a big impact for white fishmeal in Chinese market. In 2024, China imported about 68,000 tons of fishmeal from the US including Alaskan white fishmeal and also East Coast. Alaska white fishmeal is an important protein raw material in eel feed due to its good quality & freshness. Since currently importing tariff issue, farmers is looking for other alternative such as to use "Domestic fully defatted + Russian white fish meal" to replace Alaska white fish meal, but this is a big question mark in terms of results.
Also, USA PBM is the other big impact in the market. In view of China only USA & New Zealand PBM market so that it is no way to import USA PBM transship via other South East Asian countries. It is estimated it will be no more USA PBM from May 2025.
3) Importing Statistics / March 2025
Major importing items including Fishmeal, Fish oil, MBM, PBM, Soybean, Canola Meal.
Please click here [CFO Statistics Page] to take a look.
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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