Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Market Reports
 
March 16, 2009
 
China Fishmeal Weekly: Prices remain stable; aquaculture activity begins regionally (week ended Mar 13, 2009)

An eFeedLink Exclusive
 
 

Price summary
 

Prices were stable in most regions. 

 

Weekly transacted prices of imported fishmeal at major Chinese ports

Port/Inland city

Origin

Grade
/ Protein content / Stock type
(%)

Price as of Mar 6 (RMB/tonne)

Price as of Mar 13(RMB/tonne)

Price change (RMB/tonne)

Dalian

Peru 

FAQ/65%/new

6,800

6,750

-50

SD/65%/new

6,900

6,900

0

Tianjin 

Peru 

FAQ/65%/new

6,750

6,700

-50

SD/65%/new

6,900

6,900

0

Shanghai 

Peru 

FAQ/65%/new

6,650

6,650

0

SD/65%/new

6,800

6,750

0

SD/67%/new

7,050

7,050

0

Huangpu

Peru 

FAQ/65%/new

6,700

6,700

0

SD/65%/new

6,800

6,750

-50

SD/67%/new

7,100

7,100

0

Shenyang

Peru

FAQ/65%/new

6,950

6,900

-50

Zhengzhou

Peru

FAQ/65%/new

6,900

6,900

0

Wuhan

Peru

FAQ/65%/new

6,900

6,900

0

Changsha

Peru

FAQ/65%/new

6,900

6,900

0

Chengdu

Peru

FAQ/65%/new

7,000

7,000

0

Prices refer to port transaction prices and are for reference only.
RMB1=US$0.1462 (Mar 16)
 
 

Global markets

 

FOB prices of 65% flamed-dried Peruvian fishmeal slid US$20/tonne to US$910/tonne as CBOT soy prices continued to fall.

 
 

Market analysis
 

Fishmeal prices in China were relatively stable as feed millers started making procurements on learning that farms in some regions have commenced their aquaculture activities.

 

Meanwhile, port inventories of fishmeal rose to around 150,000 tonnes over the week.

 
 

Market forecast

 

While feed millers tread cautiously and import costs move lower, fishmeal prices in China will likely be range-bound in the near term.
 
 
 
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read