China Fishmeal Weekly: Subdued demand, higher inventory drag down prices (week ended Apr 9, 2015)
Fishmeal traders were more willing to reduce prices as port inventories increased to 88,000 tonnes lately. Even though aqua feed production continued to increase, feed millers were reluctant to stockpile high inventories in anticipation of lower prices. Prices of prime-grade products were mainly around RMB15,800/tonne. ...
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