# Kollaps i EU-markedet for beinmel | Kjøtt- og fjørfebransjens Landsforbund

> After Vietnam closed its borders to European protein meal, the EU market for mixed protein meal reportedly collapsed overnight. Prices fell nearly 70% within three to four days, and Biosirk expects to produce around 40,000 tonnes this year, with about 15% traditionally shipped to Asia. Two-thirds of EU and EEA protein meal output normally goes to the Asian market.

- Date: 2023-12-08 · published 2023-12-08T12:00:00.000Z
- Category: trade · region EU · magnitude high
- Page: https://feedsoft.ai/events/32841-kollaps-i-eu-markedet-for-beinmel-kj-tt-og-fj-rfebransjens-landsforbund
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

A sudden loss of a major Asian export outlet for European meat and bone meal forces the product into a glut and sharply lowers its price. Feed buyers may see cheaper European rendered protein, but the same surplus may also weigh on global MBM prices.

## Read by commodity

- MBM: bearish ▼

## Sources

- kjottbransjen.no: https://kjottbransjen.no/kollaps-i-eu-markedet-for-beinmel/

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