Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

November 16, 2016
 
China Whey Weekly: Market stable in despite lacklustre demand (week ended Nov 14, 2016)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices remained unchanged.                
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Nov 7
(RMB/tonne)

Price as of Nov14
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

7,000

7,000

0

Tianjin

7,000

7,000

0

Chengdu

7,300

7,300

0

Guangzhou

7,000

7,000

0

Dalian

7,000

7,000

0

Beijing

7,300

7,300

0

Xiamen

7,000

7,000

0

High protein

Shanghai

8,000

8,000

0

Tianjin

8,000

8,000

0

Chengdu

8,000

8,000

0

Guangzhou

7,700

7,700

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$0.1458 (Nov 16)

 
 
Suppliers' quotes
 
In Europe, whey prices were softer in the range of US790-800/tonne.
 
Price quotes of US feed-grade whey were stable to higher in the range of US$485-705/tonne.
 

Market analysis
 
Demand for whey remained slow as the quantity of piglet was limited, prompting feed millers to hold back production. Hence, even as a weaker renminbi drove up import costs, traders held prices stable in efforts to entice buyers.
 
 
Market forecast
 
Although whey demand is poised to stay weak, whey traders may be compelled to lift prices should renminbi depreciate further. Price hikes are, however, unlikely to be tremendous.
 

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