China Fishmeal Weekly: Lower Peruvian fishmeal costs help Chinese traders cut prices (week ended Nov 17, 2016)
Sales of fishmeal in China slid amid waning demand from the aquacultures sector and slow piglet feed consumption. As the import costs of Peruvian fishmeal softened, traders cut prices as well in efforts to entice buyers. Price quotes for prime-grade products were mainly at RMB11,800/tonne.
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