# Welcome to global CFO

> CFO's weekly China feed update reports Chinese fishmeal port inventory at 245,370 mt, with weekly offtake of 14,000 mt and arrivals of 18,900 mt. Peruvian super prime fishmeal was quoted at 14,600-15,000 RMB/mt, and Chinese traders were pushing prices higher on the Peru season delay.

- Date: 2023-05-11 · published 2023-05-11T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/36045-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Rising Chinese fishmeal prices tied to a delayed Peruvian season tighten marine protein supply for feed mills, which can lift prices of fishmeal and competing protein meals.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/3468

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