|
Remarks: Prices refer to CIF China price quotes (US-Dollar) of low-protein whey and are for reference only. |
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 |
Price as of Nov 14 |
Price Changes |
|
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. | ||||
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. |
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
