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Monday, August 19, 2019
China Fishmeal Weekly: Traders cut prices to entice buyers (week ended Aug 16, 2019)
Port inventories of fishmeal edged lower to 273,800 tonnes in China. Amid high inventory pressure, traders negotiated prices as the costs of Peruvian fishmeal fell significantly over the week.
Tuesday, August 13, 2019
China Fishmeal Weekly: Port inventories expand further (week ended Aug 9, 2019)
Port inventories of fishmeal climbed 1.9% to 273,900 tonnes in China with sales staying poor. Nonetheless, traders held prices firm as renminbi has depreciated tremendously of late, hence substantially lifting the costs of fishmeal imports.
Tuesday, August 6, 2019
China Fishmeal Weekly: Traders face mounting pressure (week ended Aug 2, 2019)
Poor demand for hog feed and slow rise in the production of aqua feed resulted in slow sales of fishmeal. Port inventories climbed to 268,700 tonnes, up by 1.7% compared with the previous week. However, fishmeal traders were reluctant to ne ...
Monday, July 29, 2019
China Fishmeal Weekly: Prices stable despite light trade (week ended Jul 26, 2019)
Trade was light in the fishmeal market as aqua farming in the south continued to be disrupted by heavy floods. Port inventories of fishmeal expanded to 264,100 tonnes exerting pressure on the market. However, traders were reluctant to lower ...
Monday, July 29, 2019
China Fishmeal Weekly: Weak demand exerts pressure on market (week ended Jul 19, 2019)
As demand for aqua feed was below expectations, feed millers were reluctant to place orders for fishmeal. Port inventories climbed to 255,700 tonnes over the week, exerting pressure on the market.
Monday, July 29, 2019
China Fishmeal Weekly: Traders sunder pressure amid mounting stocks (week ended Jul 12, 2019)
Despite higher import costs of US products, prices of fishmeal remained soft. Demand for fishmeal was soft with piglet population diminishing and the recovery of the aquaculture sector disrupted by floods and storms in several regions.
Monday, July 29, 2019
China Fishmeal Weekly: Prices stay flat despite soaring import costs (week ended Jul 5, 2019)
Fishmeal demand improved at a slow pace as aqua feed producers stayed cautious. With port inventories remaining high above 220,000 tonnes, prices of lower grade products were flat although those of prime-grade fishmeal strengthened amid hig ...
Monday, July 29, 2019
China Fishmeal Weekly: Market stays stable but under pressure (week ended Jun 28, 2019)
As floods in the south hampered the growth of aqua farming, sales of fishmeal continued to stay weak, falling below expectations. Although port inventories of fishmeal decreased 6,000 tonnes to 224,000 tonnes, supplies remained high, exerti ...
Monday, July 29, 2019
China Fishmeal Weekly: Mounting pressure, lower cost drag down prices (week ended Jun 21, 2019)
Traders cut fishmeal in a bid to trim inventories as the cost of Peruvian product dropped significantly lately. Demand remained flat, however, as floods and storms disrupted aquaculture in the southern regions. Port inventories expanded to ...
Monday, June 17, 2019
China Fishmeal Weekly: Inventory rises, prices remain flat (week ended Jun 14, 2019)
Port inventories of fishmeal increased marginally by 1,000 tonnes to 223,000 tonnes despite expanding aquaculture population. Feed producers remained cautious as the aqua farming in the southern parts of China was disrupted due to storms an ...
Monday, April 8, 2019
China Fishmeal Weekly: Demand slows amid prudent buying (week ended Apr 5, 2019)
Sales of fishmeal slowed after aqua feed producers have stocked some supplies. With the economic outlook of China uncertain, market participants, who were extremely cautious, limited buying to be on the safe side.
Tuesday, April 2, 2019
China Fishmeal Weekly: Market strengthens as demand picks up (week ended Mar 29, 2019)
Aqua feed producers increased stockpiles in preparation for the upcoming expansion in feed demand. Prices firmed up in some regions while port inventory of fishmeal dropped to 188,000 tonnes, lower by 1% compared with the previous week.
Tuesday, March 26, 2019
China Fishmeal Weekly: Port inventories expand further amid subdued demand (week ended Mar 22, 2019)
Sales of fishmeal were poorer than expected as aqua feed producers, who were cautious of the outlook of the aquaculture market, limited output. Port inventory of fishmeal climbed another 3.3% to 190,000 tonnes. Nevertheless, fishmeal trader ...
Monday, March 18, 2019
China Fishmeal Weekly: Lukewarm buying interest exerts pressure on market (week ended Mar 15, 2019)
Although aqua farming expanded with the weather temperatures rising, feed producers were not keen to build fishmeal stockpiles. With demand slow, port inventories of fishmeal climbed to 184.000 tonnes, increased by 3.4% compared with the pr ...
Tuesday, March 5, 2019
China Fishmeal Weekly: Traders stand firm in view of stronger demands (week ended Mar 1, 2019)
Port inventories of fishmeal expanded to 171,300 tonnes while demand stayed flat. Nonetheless, traders were reluctant to cut prices with import costs high. Additionally, with the climates turning warm, aqua feed production is expected to ex ...
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