November 26, 2008
China Whey Weekly: Prices continue to fall (week ended Nov 26, 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 19 (RMB/tonne) |
Price as of
Nov 26 (RMB/tonne) |
Price Changes (RMB/tonne) |
Remark |
Low protein |
USA/AGRIMARK |
3 |
4,300  |
4,200 |
-100  |
- |
USA/CPI |
3 |
4,400  |
4,200 |
-200 |
-  | |
USA/Land O'Lakes |
3 |
4,400  |
4,200 |
-200 |
-  | |
Canada/Maple Leaf |
3 |
- |
- |
- |
Out of stock | |
France/BBA |
3 |
- |
- |
- |
Out of stock | |
Netherlands/ Volac |
3 |
- |
- |
- |
Out of stock | |
USA/Mullins |
3 |
- |
4,100 |
- |
- | |
Medium protein |
USA/DAVISCO |
6 |
5,000  |
4,500  |
-500  |
- |
Canada/Crino |
7.5 |
-  |
-  |
-  |
Out of stock | |
High protein |
USA/DAVISCO |
11 |
6,000 |
5,800 |
-200 |
- |
USA/F&A  |
11  |
6,500  |
6,400  |
-100  |
-  | |
France/DAOU |
10 |
6,500  |
6,400  |
-100 |
- | |
Ukraine |
11 |
6,500  |
6,400  |
-200 |
-  | |
Australia/MG |
12 |
9.000 |
9,000 |
- |
- | |
Prices refer to port transaction prices for bulk purchases in Dalian, Shanghai, Guangzhou, etc, and are for reference only.
RMB1=US$0.1460 (Nov 26) |
Suppliers' quotes
Prices of dry whey in the U.S. rose US$15/tonne to US$425/tonne. However, it is likely that prices may decline in the near term.
Market analysis
Customs statistics show that China's whey imports (including modified whey) for October increased 15% on-month to around 22,175 tonnes. However, a large volume of whey imports was still in the port warehouses awaiting customs clearance.
Meanwhile, piglet inventory in China is poised to increase as birth rates of sows remained healthy; this is beneficial to the demand for whey in the long term.
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. |