# Welcome to global CFO

> A CFO China weekly update reports Chinese port fishmeal inventory at 260,770 mt with weekly offtake of 25,980 mt. Peruvian super fishmeal pre-sale prices were quoted at CNF US$1,850/ton and domestic Chinese prices fell further.

- Date: 2024-04-25 · published 2024-04-25T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/30825-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

High port inventories and slow Chinese demand add downward pressure on fishmeal prices while buyers wait for clarity on Peru's fishing.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/3799

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.