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Monday, April 13, 2020
China Fishmeal Weekly: Prices climb amid falling port inventory (week ended Apr 10, 2020)
Port inventories of fishmeal continued to drop prominently by 9% to 121,500 tonnes, prices increased over the week. With supplies from Peru uncertain due to the delay in the commencement of the new fishing season, and the costs of imports i ...
Tuesday, April 7, 2020
China Fishmeal Weekly: Market stays firm amid dwindling availability (week ended Apr 3, 2020)
Port inventories of fishmeal decreased significantly to 133,700 tonnes as imports were delayed while aqua feed producers increased inventories. Traders were adamant to stand firm on prices with spot supplies diminished and future shipments ...
Monday, March 30, 2020
China Fishmeal Weekly: Prices strengthen amid falling availability (week ended Mar 27, 2020)
Supplies of fishmeal dwindled with port inventories shrinking to 151,600 tonnes. With demand stable, traders lifted prices in anticipation of limited availability from Peru's fish harvest uncertain.
Monday, March 23, 2020
China Fishmeal Weekly: High import cost, improved demand underpin prices (week ended Mar 20, 2020)
Demand for fishmeal from the aquaculture sector expanded, lending support to the market. Hence, even a port inventories increased 2.3% to 153,900 tonnes, traders lifted prices amid high import costs.
Tuesday, March 17, 2020
China Fishmeal Weekly: Mounting inventory holds down prices (week ended Mar 13, 2020)
Port inventories of fishmeal climbed further to 150,500 tonnes, rising 2% compared with the previous week. Although the demand for aqua feed is set to increase with aquaculture population expanding, feed producers were reluctant to build fi ...
Monday, March 9, 2020
China Fishmeal Weekly: Prices slide further in slack demand (week ended Mar 6, 2020)
Demand for fishmeal failed to pick up as feed producers were reluctant to stock inventories with the economy outlook staying bleak. Port inventories of fishmeal climbed 5.4% to 147,600 tonnes.
Tuesday, March 3, 2020
China Fishmeal Weekly: Mounting inventory pressure weakens prices (week ended Feb 28, 2020)
Port inventories of fishmeal climbed to 140,100 tonnes, up by almost 6% as more shipments arrived. Meanwhile, demand softened as feed producers， who have placed orders of late, withheld buying. With inventory pressure mounting, trade ...
Wednesday, February 26, 2020
China Fishmeal Weekly: Demand strengthens, shipments delayed (week ended Feb 21, 2020)
Price quotes for Peruvian prime-grade products stayed at RMB13,200-13,500/tonne. However, traders who were eager to clear inventories negotiated prices to RMB12,800-13,2000/tonne.
Tuesday, February 18, 2020
China Fishmeal Weekly: Prices stable amid light trade, shrinking availability (week ended Feb 14, 2020)
Despite dwindling port inventories, which dropped 1.4% to 131,500 tonnes, fishmeal prices remained stable in China. Trading was difficult with deliveries hampered and workers inadequate due to the COvid-19 epidemic. Traders were mainly maki ...
Thursday, February 13, 2020
China Fishmeal Weekly: prices stay stable (week ended Feb 7, 2020)
Trade was almost non-existent over the past couple of weeks as the Wuhan coronavirus epidemic brought the country to a standstill. Prices remained unchanged while port inventories stayed around 133,300 tonnes.
Tuesday, January 28, 2020
China Fishmeal Weekly: Market stays strong amid supply concerns (week ended Jan 24, 2020)
Prices stayed stable. Trade was light in the fishmeal market as most participants have halted operation. Port inventories dwindled to 133,300, which was 1.6% lower compared with the previous week.
Monday, January 20, 2020
China Fishmeal Weekly: Abrupt Peru fishing halt pumps up prices (week ended Jan 17, 2020)
As the import costs of Peruvian fishmeal increased tremendously, traders lifted prices accordingly. Buyers increased stockpiles to secure supplies, shrinking the port inventory of fishmeal to 135,500 tonnes, which was 14% lower compared wit ...
Tuesday, January 14, 2020
China Fishmeal Weekly: Market firm amid dwindling availability (week ended Jan 10, 2020)
Traders stood firm with the import costs staying high and supplies of fishmeal diminishing. Port inventories of fishmeal dropped 5.6% to 157,500 tonnes as buyers accumulated depleted stocks prior to the Chinese New Year holidays.
Tuesday, January 7, 2020
China Fishmeal Weekly: Peru fish catch concern strengthens prices (week ended Jan 3, 2019)
Buyers stocked depleted fishmeal inventories prudently as prices of the product continued to soar amid rising import costs. With imports staying low, port inventories diminished 1.9% to 166,800 tonnes.
Monday, December 30, 2019
China Fishmeal Weekly: Rising import costs lift prices (week ended Dec 27, 2019)
Port inventories dipped to 177,000 tonnes with imports limited and demand improved while buyers stocked inventories amid concerns of rising import costs.
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