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December 20, 2011
 
China Whey Weekly: Waning piglet feed consumption hits demand (week ended Dec 19, 2011)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices were mostly lower.
 

Weekly port transaction prices of whey in China

Specification

Port

Price as of Dec 13
(RMB/tonne)

Price as of Dec 19
(RMB/tonne)

Price Changes
(RMB/tonne)

Low protein

Shanghai

11,000

10,500

-500

Tianjin

10,800

10,500

-300

Chengdu

11,800

11,000

-800

Guangzhou

10,500

10,300

-200

Dalian

11,700

11,000

-700

Beijing

11,000

10,500

-500

Xiamen

-

-

-

High protein

Shanghai

12,500

12,500

0

Tianjin

12,500

12,500

0

Chengdu

-

-

-

Guangzhou

12,500

12,000

-500

Dalian

13,500

12,000

-1,500

Beijing

13,500

12,000

-1,500

Xiamen

-

-

-

Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1= US$0.1578 (Dec 20)

 
 
Suppliers' quotes
 
Low-protein whey prices in the US soared to US$1,243/tonne.
 
 
Market analysis
 
Despite strengthening global market, China's whey prices sank further as waning piglet feed consumption took a toll on whey demand, while some traders continued to cut prices to raise cash.
 
 
Market forecast
 
Whey market should maintain weak momentum into year-end, unless pre-Lunar New Year restocking demand picks up soon.
 

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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