Animal Feed Ingredient Market Information In China On February 19, 2021
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Feed Ingredient Price List on February 19, 2021 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2893.95 | 2892.63 | +1.32 | RMB/MT |
Soybean Meal | 3720-3850 | 3720-3880 | -30.00 | RMB/MT |
Rapeseed Meal | 2825.00 | 2840.00 | -15.00 | RMB/MT |
Cotton Seed Meal | 2860.00 | 2860.00 | +0.00 | RMB/MT |
DDGS | 2479.50 | 2481.00 | -1.50 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11600-12100 | 11600-12100 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=646.24RMB | ||||
Market Comments and Concern
Corn/Maize
Today corn price went a little higher. With the remaining tight corn supply in China, the production will be gradually resumed after the Chinese New Year holiday. It is estimated that corn price would remain stable with less rise in the last half of February, when it is most probably to see a continuous rise in average corn price in major producing areas on a month-on-month basis. It is predicted that corn price may remain strong from the last half of March to April.
Source: China Feedtrade Net
