Welcome to global CFO

02 Aug 2025

Join Now | Free Trial | Login | Membership

Cash trend of China fishmeal has been slightly going down to RMB12,700/ton at Shanghai port during the week while total fishmeal inventory stockpiled at main ports remains increment. Domestic breeding activity is still under common scale without showing apparent progress at fishmeal consumption during earlier summer. And, meanwhile RMB cash trend would measurably keep weak when both increasing inventory at China ports and smooth fishing achievement remain exist during Q2.

RMB Cash Market:

国内主要港口秘鲁鱼粉参考报价表（元/吨） China Peruvian Fishmeal Cash Market by Ports (RMB/mt)
港口 Ports	品质规格 Quality	周数 Week18	周数 Week19	环比变化 Changes
大连 Dalian	SD68% 超级	12,800	12,800	--
大连 Dalian	SD65%普通	10,800	10,800	--
天津 Tianjin	SD68% 超级	12,800	12,800	--
天津 Tianjin	SD65%普通	10,800	10,800	--
上海 Shanghai	SD68% 超级	12,800	12,700	- 100
上海 Shanghai	SD65%普通	10,800	10,800	--
黄埔 Huangpu	SD68% 超级	12,800	12,700	- 100
黄埔 Huangpu	SD65%普通	10,800	10,800	--

FM Stock & Off-take:

周中国主要港口进口鱼粉库存表（吨） China Fishmeal (Stock & Off Take) Weekly Status (mt)
港口 Ports	Wk #19			Wk #18
港口 Ports	本周 Current Stock	出库量 Off Take	入库量 Weekly Arrival	上周 Previous Stock
上海Shanghai	65,690	5,220	6,000	64,910
黄埔Huangpu	186,190	15,430	17,000	184,620
天津 Tianjin	1,870	180	400	1,650
大连Dalian	12,880	1,260	400	13,740
其他Other	44,880	2,330	2,600	44,610
合计Total Qty	311,510	24,420	26,400	309,530
上周鱼粉出库量 Total FM sold/off-take from ports warehouse previous week:				32,080
来源: 饲料在线港口代表统计 Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 12/May/2025			Unit: RMB/mt
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #18	Wk #19
Zhejiang	63% / TVN 150 (semi-defatted)	10,500	10,500
Zhejiang	65% / TVN 150 (semi-defatted)	11,300	11,300
Shandong	65% / TVN 100 (semi-defatted)	11,100	11,100

White Fishmeal

Updated: 12/May/2025			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #18	Wk #19	Changes
American Seafood	15,000	15,000	--
Russian WFM-60%-high pro	13,500-14,000	13,500-14,000	--
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil:

Updated: 12/May/2025
鱼油离岸价格（美元/吨） Fish oil Market FOB Price (USD/mt)
品质包装 Quality/Packing		秘鲁Peru	智利Chile
粗制水产级散装	Crude (Aqua Grade) Tank	2,600-2,700	2,500-2,600
粗制水产级桶装	Crude (Aqua Grade) Drum	--	--
粗制水产级液体袋装	Crude (Aqua Grade) Flexi Tank	--	--
粗制欧米茄3 桶装	Omega 3: 28% EPA/DHA	3,500-3,600	--

II. Animal Protein/Grain Sections

肉骨粉参考价格（人民币/吨） Meat and Bone Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #18	周数 Wk #19	船期 Shipment	周变化 Changes
乌拉圭, 散装/牛 Uruguay, Beef Bulk	45-47%	4,500	4,500	05 06 2025	--
澳大利亚, 散装/牛 Australia, Beef Bulk	48%	4,500	4,500	05 06 2025	--
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

鸡肉粉参考价格（人民币/吨） Poultry Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #18	周数 Wk #19	船期 Shipment	周变化 Changes
美国, 袋装 USA, Bags	65%	9,500	9,500	05 06 2025	--
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

Soybean Meal

Updated: 12/May/2025				Unit: RMB/mt
China Soybean Meal Future Market Price
Contract Period	Today Price	1 weeks ago	2 weeks ago	3 weeks ago
May 2025	2,762	2,748	2,897	2,958
Sep 2025	2,908	2,915	3,044	3,104
Jan 2026	2,948	2,964	3,061	3,089