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Livestock & Feed Market

September 10, 2018
 
China Whey Weekly: Market remains stagnant (week ended Sep 10, 2018)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices remained stable.                     
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Sep 3
(RMB/tonne)

Price as of Sep 10
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

6,600

6,500

-100

 

Tianjin

6,500

6,500

0

 

Shandong

6,550

6,550

0

 

Guangdong

6,500

6,500

0

 

Jiangsu

-

-

-

 

Beijing

6,500

6,500

0

 

Inner Mongolia

-

-

-

High protein

Shanghai

7,500

7,500

0

 

Tianjin

7,700

7,700

0

 

Shandong

-

-

-

 

Guangdong

7,500

7,500

0

 

Jiangsu

-

-

-

 

Beijing

8,500

8,500

0

 

Inner Mongolia

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1458 (Sep 10)

 
 
Suppliers' quotes
 
Price quotes of US feed-grade whey were in the range of US$529-816/tonne.
 
 
Market analysis
 
Soft demand for piglet feed decimated the sales of whey in China. However, most traders stood firm as the costs of whey remained high due to a strong US market, increase import tariffs due to the trade war and a weaker renminbi.
 
 
Market forecast
 
Feed millers will hold back purchases, hence putting a lid on whey prices. Traders are likely to give slight discounts in efforts to entice clients.
 

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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