Animal Feed Ingredient Market Information In China On October 26, 2020
Leave a message
Feed Ingredient Price List on October 26, 2020 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2415.16 | 2414.11 | +1.05 | RMB/MT |
Soybean Meal | 3290-3400 | 3280-3380 | +10-20 | RMB/MT |
Rapeseed Meal | 2455.00 | 2450.00 | +5.00 | RMB/MT |
Cotton Seed Meal | 2648.00 | 2648.00 | +0.00 | RMB/MT |
DDGS | 2238.50 | 2238.50 | +0.00 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11800-12000 | 11600-11800 | +200-300 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=667.25RMB | ||||
Market Comments and Concern
Peruvian Steam Dry Fish Meal
The reference price of Peruvian steam dry fish meal in outer market is 1630USD per ton. Since the fishing volume remained 0 in Central and South Peru and around 190,000 ton of fish meal has been pre-sold recently in Peru, local processors are reluctant to sell out and back the price
Meanwhile, the fish meal price surged all over China. Currently Peruvian steam dry fish meal price increased 200-300RMB per ton, up to 11800-12000RMB per ton. The market also worried about the prompt fishi meal volume, leading to a strong market trend for imported fish meal in a short term.
Source: China Feedtrade Net
