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Fish Meal

 
Report Date: Tuesday, March 21, 2017
 
 
 

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

During wee 10, they destined 62,665 tonnes of fish for reduction at an average price of NOK 1.72/kg, down 54% 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, 2017/2016, in tonnes

Species

Tonnes 2017

Tonnes 2016

Variation (%)

Herring

347

135

+157%

Blue whiting

55,975

124,079

-55%

Sandlance

-

4,495

-

Capelin

6,332

5,904

+7%

Small sandeel

-

-

-

Norway pout

1

553

-100%

Others

-

41

-

Total

62,665

135,207

-54%

Source: Norges Sildesalgslag

Prices and markets

China

Inventories reached 100,000 tonnes at the main ports’ warehouses at the beginning of week 11. In the previous week, about 17,000 tonnes had left those warehouses.

Table 2: Average prices for fishmeal at
the main Chinese ports, 2017, in RMB/t

Quality

Price (RMB/t)

Week 10

Week 9

FAQ 65%

10,050

10,100

SD 68%

11,350

11,300

Source: FIS.com

Graph 1: Average prices of fishmeal at the main Chinese ports,
2013/2017, in RMB/t

Source: FIS.com

Graph 2: Average weekly prices of SD fishmeal at
the main Chinese ports, 2013/2017, in RMB/t

Graph 3: Average weekly prices of fishmeal at
the main Chinese ports, 2012/2016, in RMB/t

Source: FIS.com

Table 3: Price of white fishmeal, RMB/t, 2017

Quality

Origin

Price (RMB/t) Week 10

Price (RMB/t) Week 9

65-66%, produced on board

United States

12,500

12,500

58-60%,

Russia

10,500

10,500

Source: FIS.com

Peru

Table 4: Average prices of Peruvian fishmeal,
in USD/t FOB, 2017

Quality

Average FOB price (USD/t)

Week 10

Week 9

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

1,510

1,510

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

1,460

1,460

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

1,410

1,410

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

1,320

1,360

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

1,260

1,320

FAQ 66/12/10/5/2

1,210

1,270

FAQ 65

1,170

1,180

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,350, and that produced in Iceland, 70%, at USD 1,350, both FOB Germany.

Back to index

Fish oil

Peru               

Raw fish oil is at about USD 1,400/t.

Table 5: Prices of fishoil, Peru, 2017, in USD/t

Oil

Packing

Incoterm

Week 10

Week 9

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1,400

1,500

Fishoil, raw, without omega 3 guaranteed

Barrels FCL

FOB PI Peru

1,500

1,600

Fishoil, raw, without omega 3 guaranteed

Flexitanks, FCL

FOB PI Peru

1,650

1,750

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

 

FOB PI Peru

1,900

2,000

Source: FIS.com

Back to index

By DGA

www.fis.com


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