Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

March 22, 2017
 
China Whey Weekly: Market shows signs of strengthening (week ended Mar 20, 2017)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were stable to higher.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Mar 13
(RMB/tonne)

Price as of Mar 20
(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

8,300

100

Dalian

8,200

8,200

0

Beijing

8,200

8,300

100

Xiamen

8,200

8,300

100

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$0.1453 (Mar 22)

 

Suppliers' quotes
 
In Europe, whey prices stayed EUR860-880/tonne.
 
Price quotes of US feed-grade whey were unchanged in range of US$744-1,058/tonne.
 
 
Market analysis
 
Prices of whey remained stable in the US and Europe. Nevertheless, long term import costs for Chinese traders increased due to the sharp rise in Baltic Dry Index, which drove up the shipping expenses.
 
Demand for whey improved as feed millers accumulated inventories amid concerns that prices might surge due to rising import costs.
 
Several traders who had cleared excess stocks lately lifted prices moderately.
 
 
Market forecast
 
More traders will attempt to lift prices after clearing excess stocks. Whey market is expected to move higher although low sow and piglet numbers will limit the price hikes of the product.
 

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.
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read