China Fishmeal Weekly: Traders fail to lift prices despite higher costs (week ended Nov 3, 2016)
Despite climbing prices of Peruvian products and a weak renminbi, which pushed up the import costs, China’s fishmeal market remained soft amid slack demand. Aqua feed producers were reluctant to stock inventories while the sales of aqua feed dwindled prominently lately due to plunging aquaculture production.
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