China Fishmeal Weekly: Prices stay unchanged for another week (week ended Oct 31, 2013)
As the old stocks of fishmeal diminished, Peru's traders were withholding sales. As a result, FOB prices of Peru's CNF fishmeal rose slightly to US$1,500/tonne. Amid ample supplies and lacklustre demand, China fishmeal market is likely to head for loss in the near term.
