Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
FEED & LIVESTOCK MARKET

April 16, 2018
 
China Whey Weekly: Traders cut prices amid slack sales (week ended Apr 16, 2018)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices moved lower.                          
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Apr 9
(RMB/tonne)

Price as of Apr 16
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

5,800

5,700

-100

 

Tianjin

5,800

5,700

-100

 

Chengdu

6,200

6,200

0

 

Guangzhou

5,800

5,800

0

 

Dalian

5,800

5,700

-100

 

Beijing

5,800

5,800

0

 

Xiamen

5,800

5,700

-100

High protein

Shanghai

8,500

8,000

-500

 

Tianjin

8,500

8,000

-500

 

Chengdu

8,000

8,000

0

 

Guangzhou

8,500

8,000

-500

 

Dalian

8,500

8,000

-500

 

Beijing

8,500

8,000

-500

 

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1590 (Apr 16)

 
 
Suppliers' quotes
 
Price quotes of US feed-grade whey stayed unchanged in the range of US$331-485/tonne.
 
 
Market analysis
 
Yielding to market pressure, whey traders cut prices as the demand for piglet feed was exceptionally weak. Prices of high-protein products fell prominently while traders attempt to clear excess stockpiles.
 
 
Market forecast
 
Piglet feed demand will remain poor as hog farmers are suffering losses. Moreover, inventories of sow have shrunk lately as breeder farms are cautious amid bleak outlook of the hog industry. Whey prices are therefore likely to dip further in the coming period.
 

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