26 Sep 2025

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CFO China Feed Market Wk #37-38

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24 Sep 2025
Sources: 
CFO Exclusive

We (CFO) are pleased to update below China FEED market information for you:

 

FISHMEAL SECTION

Cash trend of China fishmeal has been going up to RMB14,500/ton at Shanghai port during the week while there’re showing actively replenishment purpose and seasonal fishmeal demands brought by upcoming holidays in October. However, since earlier of Sept, domestic fishing doesn’t look good enough to provide fishmeal resources to leverage RMB cash market. So, most parts of fishmeal demand during this period would surely go to imported fishmeal products to even apparently reduce total fishmeal inventory stockpiled at main ports.

 

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
Week #37

周数
Week #38

环比变化 Changes

大连
Dalian

SD68% 超级

13,900

14,500

+600

SD65%普通

12,000

12,500

+500

天津
Tianjin

SD68% 超级

13,900

14,500

+600

SD65%普通

12,000

12,500

+500

上海
Shanghai

SD68% 超级

13,900

14,500

+600

SD65%普通

12,000

12,500

+500

黄埔
Huangpu

SD68% 超级

13,900

14,500

+600

SD65%普通

12,000

12,500

+500

 

 

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 #38

Wk #37

本周
Current Stock

出库量
Off Take

入库量
Weekly Arrival

上周
Previous Stock

上海Shanghai

66,030

7,890

5,300

68,620

黄埔Huangpu

140,110

31,820

14,800

157,130

天津Tianjin

1,210

210

400

1,020

大连Dalian

9,170

1,890

0

11,060

其他Other

50,550

2,670

2,400

50,820

合计Total Qty

267,070

44,480

22,900

288,650

上周鱼粉出库量
Total FM sold/off-take from ports warehouse previous week:

42,070

来源: 饲料在线港口代表统计 Sources: CFO Port Agents

 

China Domestic Fishmeal

Updated: 22/Sep/2025

Unit: RMB/mt

国产鱼粉报价 Local Produced Fishmeal Price

Region

Quality

Wk #37

Wk #38

Zhejiang

63% / TVN 150 (semi-defatted)

10,600

11,300

65% / TVN 150 (semi-defatted)

11,200

12,100

Shandong

65% / TVN 100 (semi-defatted)

11,200

12,000

 

White Fishmeal

Updated: 22/Sep/2025

Unit: RMB/mt

白鱼粉报价White Fishmeal Price Report

Brand/Origin

Wk #37

Wk #38

Changes

American Seafood

16,300-16,500

16,300-16,500

--

Russian WFM-60%-high pro

15,000

15,000

--

- An indication only, pricing range due to various quality, freshness and brand.
- Above prices are importing duties paid.


Fish Oil:

Updated: 22/Sep/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

2,500-2,600

2,300-2,400

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

2,900-3,400

3,400-3,500

 

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 #37

周数
Wk #38

船期 Shipment

周变化 Changes

乌拉圭, 散装/牛
Uruguay, Beef Bulk

45-47%

4,100

4,200

10 11 2025

+100

澳大利亚, 散装/牛 Australia, Beef Bulk

48%

4,100

4,200

10 2025

+100

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 #37

周数
Wk #38

船期 Shipment

周变化 Changes

美国, 袋装
USA, Bags

65%

7,800

8,000

10 11 2025

+200

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: 22/Sep/2025

Unit: RMB/mt

China Soybean Meal Future Market Price

Contract Period

Today Price

1 weeks ago

2 weeks ago

3 weeks ago

Jan 2026

3,034

3,042

3,081

3,056

May 2026

2,782

2,804

2,809

2,814

Sep 2026

2,885

2,919

--

--

 

We welcome your comments and inputs!


CFO Reporter: Charles Wang
Email: cfo@chinafeedonline.com
 

 

 

 

 

 

Type Report: 
Weekly


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