China Whey Weekly: Prices lower on weak demand (Nov 19, 2008)
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Price summary
Prices were lower in most regions.
Weekly port transaction prices of whey in China | ||||||
Specification |
Country/Brand |
Protein content (%) |
Price as of
Nov 12 (RMB/tonne) |
Price as of
Nov 19 (RMB/tonne) |
Price Changes (RMB/tonne) |
Remark |
Low protein |
USA/AGRIMARK |
3 |
4,400  |
4,300  |
-100  |
- |
USA/CPI |
3 |
4,400  |
4,400  |
0 |
-  | |
USA/Land O'Lakes |
3 |
4,400  |
4,400  |
0 |
-  | |
Canada/Maple Leaf |
3 |
- |
- |
- |
Out of stock | |
France/BBA |
3 |
- |
- |
- |
Out of stock | |
Netherlands/ Volac |
3 |
- |
- |
- |
Out of stock | |
USA/Mullins |
3 |
4,300  |
- |
- |
- | |
Medium protein |
USA/DAVISCO |
6 |
5,200 |
5,000 |
-200  |
- |
Canada/Crino |
7.5 |
-  |
-  |
-  |
Out of stock | |
High protein |
USA/DAVISCO |
11 |
6,200 |
6,000 |
-200 |
- |
USA/F&A  |
11  |
6,600  |
6,500  |
-100  |
  | |
France/DAOU |
10 |
6,600  |
6,500  |
-100 |
- | |
Ukraine |
11 |
6,600  |
6,600  |
0 |
-  | |
Australia/MG |
12 |
9,000 |
9,000  |
0 |
- | |
Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1464 (Nov 19) |
Suppliers' quotes
CME prices of dry whey fell to US$410/tonne. U.S. whey prices are likely to remain weak in the near term amid global slowdown in consumption.
Market analysis
Demand for whey in China remained sluggish as feed consumption dropped, in part due to the melamine scandal.
Cautious feed millers mostly procured on demand, driving prices lower.
Market forecast

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. |