Animal Feed Ingredient Market Information In China On November 23, 2020
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Feed Ingredient Price List on November 23, 2020 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2488.34 | 2486.76 | -0.42 | RMB/MT |
Soybean Meal | 3220-3300 | 3250-3290 | +40.00 | RMB/MT |
Rapeseed Meal | 2490.00 | 2485.00 | +5.00 | RMB/MT |
Cotton Seed Meal | 2585.00 | 2585.00 | +0.00 | RMB/MT |
DDGS | 2298.00 | 2298.00 | +0.00 | RMB/MT |
Peruvian Steam Dried Fish Meal | 10800-11300 | 11000-11300 | -200.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=657.19RMB | ||||
Market Comments and Concern
Peruvian Steam Dried Fish Meal
Current reference CNF price in Peru market is 1,550.00USD per ton, with a increase of 30.00 USD per ton. That the advance sales volume has reached 340,000.00 tons inspired the processors’ confidence. The fish meal market in China remained weak. Current Peruvian steam dried fish meal price at southern ports is around 10800.00-11300.00RMB per ton with a drop of 200.00RMB per ton. There is very less deal in the market, as a result the inventory at ports rise up to 139,200.00 tons. The traders are apparently more stressful than before. As per the statistics, the volume of fishing in Central and North Peru from 12th to 18th of November 2020 was 292,360.00 tons in total and the balanced quota was 2,487,640.00 tons. The completion rate is 10.52%.
Source: China Feedtrade Net
