Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

August 25, 2016

China Whey Weekly: Strong global dairy markets lend support to China whey prices (week ended Aug 22, 2016)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices remained stable.                         
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Aug 15
(RMB/tonne)

Price as of Aug 22
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

6,800

6,800

0

Tianjin

6,800

6,800

0

Chengdu

7,200

7,200

0

Guangzhou

6,800

6,800

0

Dalian

6,800

6,800

0

Beijing

7,200

7,200

0

Xiamen

6,800

6,800

0

High protein

Shanghai

8,000

8,000

0

Tianjin

8,000

8,000

0

Chengdu

8,000

8,000

0

Guangzhou

7,500

7,500

0

Dalian

8,000

8,000

0

Beijing

8,000

8,000

0

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1503 (Aug 25)

 
 
Suppliers' quotes
 
In Europe, whey prices rose to the range of USD730-750/tonne.
 
Price quotes of US feed-grade whey increased to US$573-683/tonne.
 
 
Market analysis
 
Following the surge of dairy prices in Europe, price strengthened in the Oceania of late. Whey traders were therefore prudent in negotiating prices. However, with demand for piglet feed sluggish, whey prices lacked the momentum to move higher.
 
 
Market forecast
 
Whey traders are likely to lift prices in the coming weeks in efforts to sustain profits amid soaring import costs. Despite lacklustre piglet feed demand due to low population, whey market is expected to stay firm.
 

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