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14 May 2025
Sources:
CFO Exclusively
1) Weekly Report (Wk # 19)
- Fishmeal Inventory at port is 311,510 mt
- Weekly off take 24,420 mt
- Weekly arrival 26,400 mt
Full report, please click below link CFO China Feed Market Weekly Update #19/2025
2) Today’s Price Indication (14 May 2025)
|
Products |
Origin |
Quality |
RMB/mt |
|
SBM |
China |
43% |
3,100 |
|
Canola Meal |
China |
36% |
2,480 |
|
DDGS |
USA |
26/28% |
2,320 |
|
Fishmeal |
Peru |
Super |
12,700-12,800 |
|
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:
The imported fishmeal RMB market is continuing weak in Chinese market mainly because the fishmeal inventory at China main ports is high, and the market demand is lower than expected entering May.
As for Imported soybeans will reach their peak in May. However the quantity of SBM demand from end users will be far less than the crushing supply side. As such, Inventories of SBM are expected to gradually increase. Foresee the SBM RMB cash market will continue to remain weak.
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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