Animal Feed Ingredient Market Information In China On March 04, 2021
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Feed Ingredient Price List on March 04, 2021 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2928.53 | 2928.53 | +0.00 | RMB/MT |
Soybean Meal | 3620-3720 | 3640-3750 | -20-30 | RMB/MT |
Rapeseed Meal | 2835.00 | 2850.00 | -15.00 | RMB/MT |
Cotton Seed Meal | 2930.00 | 2980.00 | -50.00 | RMB/MT |
DDGS | 2472.00 | 2472.00 | +0.00 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11300-11600 | 11300-11600 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=647.58RMB | ||||
Market Comments and Concern
Cotton Seed Meal
The cotton seed meal price went weak today. Currently the oil processors are apt to reducing production and backing price because of the limited stock and high cotton seed cost. However, the current cost performance is relatively low and the soybean meal inventory is increasing, cotton seed meal will be restricted to some extent. It is estimated that cotton seed meal price will remain stable in a short term.
Source: China Feedtrade Net
