Fishmeal Traders Eager to Sell Before Price Declines Further More

By CnAgri2013-11-12 13:52:23 Print Fishmeal：On Nov. 6th, 2013, the average wholesale price of fishmeal at major ports and production provinces is RMB9200Yuan/MT, the same with last week. With temperature getting down, aquatic breeding entered off-season and fishmeal consumption declined. And traders are eager to sell since the profit is not bad with current price. Therefore, we predict that domestic fishmeal price shall remain steady with decline.  (Table 6)



From “China Livestock and Feed Market Weekly Report”