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November 16, 2011
 
China Whey Weekly: Demand dwindles (week ended Nov 14, 2011)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were stable to lower.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Nov 7
(RMB/tonne)

Price as of Nov 14
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

13,250

13,000

-250

Tianjin

13,500

13,500

0

Chengdu

14,000

14,000

0

Guangzhou

13,500

13,000

-500

Dalian

14,000

13,500

-500

Beijing

13,500

13,500

0

Xiamen

-

-

-

High protein

Shanghai

14,000

14,000

0

Tianjin

13,500

13,500

0

Chengdu

-

-

-

Guangzhou

14,000

14,000

0

Dalian

14,500

14,500

0

Beijing

14,500

14,500

0

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1574 (Nov 16)

 

Suppliers' quotes
 
Low-protein whey prices in the US lifted to US$1,204/tonnes over the week.
 
 
Market analysis
 
Whey trading shrank amid falling demand as piglet replenishment was low.
 
 
Market forecast
 
Forward sales of whey are widely expected to decline in the wake of sagging 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.
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