Fishmeal Price to Rise with Low Level of Stocks

By CnAgri2014-02-17 09:25:45 Print Fishmeal：On Feb. 12th 2014, the average wholesale price of fishmeal at major ports and production provinces is RMB9278/MT, up 3.34% compared with the week before Spring Festival. According to market news, inventory of Peruvian fishmeal available for sales has declined to a low level of 50000-60000MT, stimulating local manufacturers to raise price. So domestic traders raised price accordingly. With temperature going up, domestic fishmeal consumption will recover. So BOABC suggests to replenish inventory for users with low level of stockings. (Table 6)


From “China Livestock and Feed Market Weekly Report”