# Negative Factors Lead To Weak Operation Of Meat And Bone Meal Market At Home And Abroad - News - Sifang

> Chinese meat and bone meal prices are weakening because domestic demand for aquatic products is poor and imports have risen sharply this year. Traders who bought abroad on the back of high domestic fishmeal prices are now pulling back, pushing international MBM prices lower. The analysis describes light trading volumes and a weak protein market.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/37883-negative-factors-lead-to-weak-operation-of-meat-and-bone-meal-market-at-home
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Chinese demand and rising imports weigh on global MBM prices, and a weaker MBM market can pressure fishmeal as substitute protein. Buyers can expect cheaper MBM supply in the near term.

## Read by commodity

- MBM: bearish ▼
- FISHMEAL: bearish ▼

## Sources

- fishmeal-machine.com: https://www.fishmeal-machine.com/news/negative-factors-lead-to-weak-operation-of-mea-64468444.html

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