Welcome to global CFO

30 Jun 2026

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 keeping strengthening up to RMB23,500/ton at Shanghai port during the week though summer breeding contributes itself to a common performance of fishmeal off-take from China ports. However, the reducing fishmeal inventory stockpiled at China main ports and how Peruvians carry out a consistent fishmeal supply from 1^st anchovy season would further determine RMB trend in Q3 of 2026. IMARPE would look into marine biomass through investigation and indicate how feasibly Peruvians go through the season.

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 #25	周数 Week #26	环比变化 Changes
大连 Dalian	SD68%超级	23,000	23,500	+ 500-
大连 Dalian	SD65%普通	21,500	22,000	+ 500
天津 Tianjin	SD68%超级	23,000	23,500	+ 500-
天津 Tianjin	SD65%普通	21,500	22,000	+ 500
上海 Shanghai	SD68%超级	23,000	23,500	+ 500-
上海 Shanghai	SD65%普通	21,500	22,000	+ 500
黄埔 Huangpu	SD68%超级	23,000	23,500	+ 500-
黄埔 Huangpu	SD65%普通	21,500	22,000	+ 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 #26			Wk #25
港口 Ports	本周 Current Stock	出库量 Off Take	入库量 Weekly Arrival	上周 Previous Stock
上海Shanghai	31,180	4,740	2,400	33,520
黄埔Huangpu	80,050	12,290	5,600	86,740
天津Tianjin	2,070	70	300	1,840
大连Dalian	5,510	600	0	6,110
其他Other	35,500	2,640	2,400	35,740
合计Total Qty	154,310	20,340	10,700	163,950
上周鱼粉出库量 Total FM sold/off-take from ports warehouse previous week:				22,940
来源: 饲料在线港口代表统计 Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 29/Jun/2026			Unit: RMB/mt
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #25		Wk #26
Zhejiang	63% / TVN 150 (semi-defatted)	20,300		21,300
	65% / TVN 150 (semi-defatted)	20,800		21,800
Shandong	64% / TVN 150 (semi-defatted)	20,500		21,500

White Fishmeal:

Updated: 29/Jun/2026			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #25	Wk #26	Changes
American Seafood	22,500-23,000	24,500-25,000	+2,000
Russian WFM-65%-high pro	21,500	22,000-22,500	+500~1,000
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil:

Updated: 29/Jun/2026
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	7,500-7,800	6,800-6,900
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	10,500+	--

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 #25	周数 Wk #26	船期 Shipment	周变化 Changes
乌拉圭/阿根廷, 散装/牛 Uruguay/Argentina, Beef Bulk	45-47%	5,600	5,700	06 07 2026	+ 100
澳大利亚, 散装/牛 Australia, Beef Bulk	48%	5,400	5,400	06 07 2026	--
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 #25	周数 Wk #26	船期 Shipment	周变化 Changes
美国, 袋装 USA, Bags	65%	10,500	10,500	06 07 2026	--
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: 29/Jun/2026				Unit: RMB/mt
China Soybean Meal Future Market Price
Contract Period	Today Price	1 weeks ago	2 weeks ago	3 weeks ago
Sep 2026	2,967	2,934	2,941	2,905
Jan 2027	3,022	2,997	3,000	2,983
May 2027	2,787	2,762	2,763	2,752