Animal Feed Ingredient Market Information In China On August 17, 2020
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Feed Ingredient Price List on August 17, 2020 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2315.16 | 2319.53 | -4.37 | RMB/MT |
Soybean Meal | 2880-2950 | 2860-2960 | +/-10-20 | RMB/MT |
Rapeseed Meal | 2330.00 | 2332.00 | +2.00 | RMB/MT |
Cotton Seed Meal | 2655.00 | 2655.00 | +0.00 | RMB/MT |
DDGS | 2294.50 | 2294.50 | +0.00 | RMB/MT |
Peruvian Steam Dried Fish Meal | 12500-12600 | 12500-12600 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=693.62RMB | ||||
Market Comments and Concern
Soybean Meal
The market situation is very complicated as the huge purchase quantity, the sufficient supply, the accelerated imported soybean bidding and the good harvest expectation decide that the price will increase and decrease at the same time, and not change in a short while. The suddenly postponed talk between US and China attracted extensive attention and concern on the Sino-US soybean trading.
Source: China Feedtrade Net
