# Welcome to global CFO

> CFO's weekly China feed market update shows Peruvian fishmeal cash prices slipping to RMB11,600-11,800/ton at Shanghai, down about 100 yuan. Port stockpiles rose to about 170,000 tons, and October off-take is seasonally weak.

- Date: 2018-10-30 · published 2018-10-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/62635-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Rising port inventories and slower off-take pressure Chinese fishmeal cash prices lower through late October.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/1525

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