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December 6, 2011
 
China Whey Weekly: Prices sink further; cautious mood prevails (week ended Dec 5, 2011)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were mostly lower.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Nov 28(RMB/tonne)

Price as of Dec 5
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

12,000

11,500

-500

Tianjin

12,000

11,200

-800

Chengdu

12,000

12,000

0

Guangzhou

11,900

10,800

-1,100

Dalian

12,000

12,000

0

Beijing

11,500

11,500

0

Xiamen

-

-

-

High protein

Shanghai

13,500

12,500

-1,000

Tianjin

13,500

12,500

-1,000

Chengdu

-

-

-

Guangzhou

13,500

12,500

-1,000

Dalian

14,000

13,500

-500

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$0.1574 (Dec 6)

 
 
Suppliers' quotes
 
Low-protein whey prices in the US were stable at US$1,204/tonne.
 
 
Market analysis
 
Whey prices tumbled amid cautious buying, with most feed millers having tweaked their feed formulations to include less whey when prices were high earlier. Slow piglet feed sales further curbed demand for whey.
 
 
Market forecast
 
Whey prices should remain soft in the near term.
 

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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