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November 29, 2011
 
China Whey Weekly: Prices continue to decline (week ended Nov 28, 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 21
(RMB/tonne)

Price as of Nov 28
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

12,200

12,000

-200

Tianjin

12,000

12,000

0

Chengdu

12,500

12,000

-500

Guangzhou

12,200

11,900

-300

Dalian

12,200

12,000

-200

Beijing

12,200

11,500

-700

Xiamen

-

-

-

High protein

Shanghai

13,500

13,500

0

Tianjin

13,500

13,500

0

Chengdu

-

-

-

Guangzhou

13,500

13,500

0

Dalian

14,000

14,000

0

Beijing

13,500

13,500

0

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1= US$0.1569 (Nov 29)

 

Suppliers' quotes
 
Low-protein whey prices in the US were unchanged at US$1,204/tonne.
 
 
Market analysis
 
Whey prices, mostly of low-protein variety, continued to drop amid thin trading due in large part to slumping piglet feed demand.
 
 
Market forecast
 
Whey prices are seen on weak trends in the coming week.
 

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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