Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

September 6, 2016

China Whey Weekly: Prices stable as import costs stay high (week ended Sep 5, 2016)

An eFeedLink Exclusive
 

Price summary

Prices stayed flat.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Aug 29
(RMB/tonne)

Price as of Sep 5
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

6,600

6,600

0

Tianjin

6,600

6,600

0

Chengdu

7,000

7,000

0

Guangzhou

6,600

6,600

0

Dalian

6,600

6,600

0

Beijing

7,000

7,000

0

Xiamen

6,600

6,600

0

High protein

Shanghai

7,600

7,600

0

Tianjin

7,600

7,600

0

Chengdu

7,600

7,600

0

Guangzhou

7,300

7,300

0

Dalian

7,600

7,600

0

Beijing

7,600

7,600

0

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.148 (Sep 6)

 
 
Suppliers' quotes

In Europe, whey prices were mostly higher in the range of USD735-800/tonne.

Price quotes of US feed-grade whey were higher at US$584-717/tonne.
 

Market analysis

Demand for piglet feed remained flat with inventories limited while supplies were ample with monthly imports staying above 20,000 tonnes between May and July. Nonetheless, whey prices stayed stable following the recent week’s sharp decline with the support of a strong global dairy market.
 

Market forecast

Sales of whey in China is unlikely to be strong with piglet feed consumption stuck at low gear. Hence, even with the import costs on the rise, whey traders will find it difficult to lift prices amid lacklustre demand.
 

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