China Fishmeal Weekly: Prices fall 14% in six consecutive weeks (week ended Sep 26, 2013)
Demand for fishmeal was flat of late as China's southeast coast was hit by Typhoon Usagi. Moreover, feed millers were reluctant to stock high inventories as aquaculture production is expected to reduce with the falling temperatures. Hence, traders, who saw port inventories accumulating, eagerly slashed prices in a bid ...
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