# Welcome to global CFO

> China Feed Market weekly update shows Chinese fishmeal port inventories at 203,080 mt with weekly offtake of 25,340 mt and arrivals of 29,300 mt. Indicative prices on 26 October put Peruvian super prime fishmeal at 13,400-13,800 RMB/mt, soybean meal at 5,470 RMB/mt, and canola meal firm as its stocks fell.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/39219-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Inventories building faster than offtake and firm Peruvian prices point to a balanced-to-firm fishmeal market, while tight Chinese soymeal supply supports protein prices broadly.

## Read by commodity

- MBM: neutral
- SBM: bullish ▲
- CANMEAL: bullish ▲
- FISHMEAL: bullish ▲

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/3302

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