China Fishmeal Weekly: Prices soar on limited availability (week ended May 12, 2016)
Feed millers increased stockpiles of fishmeal amid concerns that supplies dwindled while Peru postponed its fishing season. Consequently, firm demand lifted fishmeal prices while driving port inventories own to 136,000 tonnes. Price quotes for prime-grade products surged to the range of RMB12,500-12,800/tonne.
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