Fishmeal Stocks in Ports Exceeding 200000MT in China

By CnAgri2014-03-25 10:10:10 Print Fishmeal: On Mar. 19th 2014, the average wholesale price of fishmeal at major ports and production provinces is RMB9267/MT, down 2.23% compared with last week. After Spring Festival, domestic market saw peak arrivals of fishmeal and fishmeal stocks in ports has exceeded 200,000MT by now. But demand from aquatic breeding has not fully recovered, which weighed on domestic fishmeal traders. BOABC predicts domestic fishmeal market shall remain weak in short terms and the decline space is determined by recovery condition of aquatic breeding. (Table 7)



From “China Livestock and Feed Market Weekly Report”