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Fish Meal

 
Report Date: Tuesday, May 22, 2018
 
 
 

This report focuses on pelagic species catch volumes for reduction. This report analyses the activity on the market, the prices and stocks of fishmeal in South America and key markets. There is a special section for fish oil.

INDEX

 

Fishmeal

Fish oil

 

 

Fishmeal

Catch volumes

Norway

Through week 19, they destined 522,825 tonnes of fish for reduction at an average price of NOK 2.21/kg, up 24% on those destined for such purpose during the same period in the previous year.

Table 1: Catch volumes destined for fishmeal and
fish oil production, Norway, 2017/2018, in tonne
s

Species

Tonnes 2018

Tonnes 2017

Variation %

Herring

397

383

+4%

Blue whiting

418,367

365,265

+15%

Sandlance

216

0

-

Capelin

97,305

6,332

+1,437%

Small sandeel

6,111

48,445

-87%

Norway pout

404

294

+37%

Others

25

186

-87%

Total

522,825

420,905

+24%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of the nineteenth week in 2018, inventories registered 118,000 tonnes. Volumes leaving the warehouses amounted to only 9,000 tonnes during the previous week.

Table 2: Average prices for fishmeal at
the main Chinese ports, 2018, in
RMB/t

Quality

Price (RMB/t)

Week 19

Week 18

FAQ 65%

10,550

10,900

SD 68%

12,100

12,300

Source: FIS.com

Graph 1: Average weekly prices of FAQ fishmeal at
the main Chinese ports, 2014/2018, in
RMB/t

Source: FIS.com

Graph 2: Average weekly prices of SD fishmeal at
the main Chinese ports, 2014/2018, in
RMB

Graph 3: Evolution of weekly average prices of fishmeal at
the main Chinese ports, 2014/2018, in
RMB/t

Source: FIS.com

Table 3: Price of white fishmeal, RMB/t, 2018

Quality

Origin

Price (RMB/t) Week 19

Price (RMB/t) Week 18

65-66%, produced on board

USA

13,700

14,000

58-60%,

Russia

11,700

11,800

Source: FIS.com

Peru

At the end of week 20, catch volumes had fulfilled little over 2 million tonnes. The quota is expected to be fulfilled and prices have remained stable so far.

Table 4: Average prices of Peruvian fishmeal
in USD/t FOB
,  2018

Quality

Average FOB price in USD/t

Week 20

Week 19

SD 68/10/10/4(1)/120/7.5/500

1,550

1,550

SD 67/10/10/5(2)/120/10/1000

1,500

1,500

SD 67/10/10/5(2)/120/10

1,450

1,450

SD 67/10/10/5(2)/150/10

1,400

1,400

FAQ 67/12/10/5(2)/120/10/1000

1,300

1,300

FAQ 66/12/10/5/2

1,250

1,250

FAQ 65

1,220

1,220

Fuente: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,530, and that produced in Iceland, 70%, at USD 1,685, both FOB Germany.

Back to Index

Fish oil

Peru

Raw fish oil is at about USD 1,750/t.

Table 5: Prices of fishoil, Peru, 2018, in USD/t

Oil

Packaging

Incoterm

Week 20

Week 19

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1.350

1.750

Fishoil, raw, without omega 3 guaranteed

Barrels, FCL

FOB PI Peru

1.450

1.850

Fishoil, raw, without omega 3 guaranteed

Flexitank, FCL

FOB PI Peru

1.550

1.950

Fish oil, omega 3 guaranteed (28% EPA/DPA)

 

FOB PI Peru

1.700

2.100

Source: FIS.com

Back to Index

By DGA

www.fis.com


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