China Fishmeal Weekly: Prices down despite improved demand (week ended Jun 4, 2015)
FOB prices of Peruvian CNF fishmeal dropped significantly to the range of US$1,780/tonne, falling by RMB50/tonne. As the production of fishmeal increased under expanding supplies of anchovies, inventories surged to 400,000 tonnes, exerting tremendous pressure on the prices. Peru's fish catch totalled 2.30 million tonne ...