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February 26, 2019
 
China Whey Weekly: Tight availability lifts prices (week ended Feb 25, 2019)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices moved higher.                        
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of
Feb 18
(RMB/tonne)

Price as of
Feb 25
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

7,000

7,000

0

 

Tianjin

6,800

7,000

200

 

Shandong

6,800

6,900

100

 

Guangdong

6,900

7,000

100

 

Jiangsu

-

-

-

 

Beijing

6,700

7,200

500

 

Inner Mongolia

-

-

-

High protein

Shanghai

-

-

-

 

Tianjin

-

-

-

 

Shandong

8,300

8,300

0

 

Guangdong

8,300

8,300

0

 

Jiangsu

-

-

-

 

Beijing

8,300

8,300

0

 

Inner Mongolia

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1493 (Feb 26)

 
 
Suppliers' quotes
 
Price quotes of US feed-grade whey stayed in the range of US$ 661-838/tonne.
 
 
Market analysis
 
Supplies of whey tightened, prompting traders to lift price even as sales were tepid amid slow piglet feed demand. However, feed millers, who were wary of the weak hg market, were not tempted to expand inventories despite climbing whey prices.
 
 
Market forecast
 
Buyers will remain cautious while the hog market continues to suffer under severe disease outbreaks. Even with supplies dwindling whey prices are not expected to strengthen by a lot.
 

Remarks: Prices refer to port transaction prices of low-protein whey and are for reference only.

 

Remarks: Prices refer to CIF China price quotes (US-Dollar) of low-protein whey and are for reference only.

 


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