Animal Feed Ingredient Market Information in China On August 03, 2021
Leave a message
Feed Ingredient Price List on August 03, 2021 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2751.47 | 2749.63 | +1.84 | RMB/MT |
Soybean Meal | 3550-3720 | 3570-3700 | +/-20.00 | RMB/MT |
Rapeseed Meal | 2985.00 | 2980.00 | +5.00 | RMB/MT |
Cotton Seed Meal | 3210.00 | 3210.00 | +0.00 | RMB/MT |
DDGS | 2458.42 | 2458.42 | +0.00 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11100-11200 | 11100-11200 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=646.10RMB | ||||
Market Comments and Concern
Soybean Meal
Soybean price surged for the grand rise in wheat price and the uncertain rainfall. The volume of soybean to arrive at China ports is still big, but it is inferior to the earlier stage. The soybean meal inventory is still at a high level though the soybean meal output is decreasing and the delivery to downstream users is speeding up. It is estimated that soybean meal price will keep fluctuating in line with soybean price at CBOT.
Source: China Feedtrade Net
