China Fishmeal Weekly: Waning demand, prudent mood, lower import cost weaken prices (week ended Sep 1, 2016)
Sales of fishmeal was poorer than expected, partly because aqua feed consumption dropped from peak levels due to diminished production, and partly due to feed producers holding back procurements. Price quotes for prime-grade products dropped substantially to the range of RMB12,800-13,000/tonne.
