China Fishmeal Weekly: Traders cut prices to move sales (week ended May 14, 2015)
FOB prices of Peruvian CNF fishmeal slid to the range of US$1,850-1,880/tonne, lower by RMB20-50/tonne. Peru's fish catch totalled 1.69 million tonnes as of May 11, equivalent to 66% of this season's fishing quota. However, daily fish catch plunged suddenly on May 11 by 60% to a mere 4,000 tonnes as the El Nino effect ...
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