|
Remarks: Prices refer to CIF China price quotes (US-Dollar) of low-protein whey and are for reference only. |
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 |
Price as of Dec 19 |
Price Changes |
|
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. | ||||
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.
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Remarks: Prices refer to port transaction prices of low-protein whey and are for reference only. |
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