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February 28, 2017
 
China Whey Weekly: Low piglet population decimates sales (week ended Feb 28, 2017)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices remained flat.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Feb 21
(RMB/tonne)

Price as of Feb 28
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

8,200

8,200

0

Tianjin

8,200

8,200

0

Chengdu

8,500

8,500

0

Guangzhou

8,200

8,200

0

Dalian

8,200

8,200

0

Beijing

8,200

8,200

0

Xiamen

8,200

8,200

0

High protein

Shanghai

9,000

9,000

0

Tianjin

9,000

9,000

0

Chengdu

9,000

9,000

0

Guangzhou

9,000

9,000

0

Dalian

9,000

9,000

0

Beijing

9,000

9,000

0

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1455 (Feb 28)

 

Suppliers' quotes
 
In Europe, whey prices remained stable in the range of EUR840-870/tonne.
 
Price quotes of US feed-grade whey stayed in the range of US$744-981/tonne.
 
 
Market analysis
 
Trade was slow in China as feed millers withheld whey purchases with piglet feed demand limited. Despite weak sales, whey traders held prices firm with import costs staying high.
 
 
Market forecast
 
Feed producers are unlikely to increase whey inventories in the near term with piglet population low. Whey traders will be under pressure to negotiate prices should sales fall further.
 

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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