China Fishmeal Weekly: Price slash, higher aqua feed output stimulate buying (week ended Jun 18, 2015)
Fishmeal prices dropped 2.7% while port inventories shrank to 69,000 tonnes, 13,000 tonnes lower than a week ago. Prices of prime-grade products remained in the range of RMB14,000-14,500/tonne as supplies tightened amid strengthened buying interest after the price falls.