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April 11, 2017
 
China Whey Weekly: Market stable despite slow demand (week ended Apr 10, 2017)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices stayed flat.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Apr 3
(RMB/tonne)

Price as of Apr 10
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

8,200

8,200

0

Tianjin

8,100

8,100

0

Chengdu

8,500

8,500

0

Guangzhou

8,300

8,300

0

Dalian

8,200

8,200

0

Beijing

8,300

8,300

0

Xiamen

8,300

8,300

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$0.1449 (Apr 11)

 
 
Suppliers' quotes
 
In Europe, whey prices were unchanged at EUR850-880/tonne.
 
Price quotes of US feed-grade whey remained in the range of US$744-992/tonne. During the first quarter, US whey prices have gained about 30%.
 
 
Market analysis
 
Whey prices remained unchanged amid sluggish demand as the production of piglet and sow feed was limited. With import costs stable, whey traders held prices flat in attempts to entice buyers.
 
 
Market forecast
 
Whey prices are expected to stay around current levels with demand unlikely to improve significantly in the near term. Traders will be more willing to lower prices if the import costs of whey drop prominently.
 

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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