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Fish Meal

 
Report Date: Tuesday, May 23, 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 week 19, they destined 410,502 tonnes of fish for reduction at an average price of NOK 1.50/kg, up 12% on those destined for such purpose during the same period in the previous year.

Table 1: Catches destined for fishmeal and fish oil production,
Norway, 2017/2016, in tonnes

Species

Tonnes 2017

Tonnes 2016

Variation (%)

Herring

382

274

+39%

Blue whiting

364,945

314,073

+16%

Sandlance

-

4,498

-

Capelin

6,332

5,904

+7%

Small sandeel

38,379

30,958

+24%

Norway pout

294

2,539

-88%

Others

170

177

-4%

Total

410,502

358,423

+15%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 20, inventories reported 191,000 tonnes; outgoing volumes had amounted to 16,000 tonnes during the previous week.

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

Quality

Price (RMB/t)

Week 19

Week 18

FAQ 65%

9,500

9,600

SD 68%

10,750

10,850

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 19

Price (RMB/t) Week 18

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 19

Week 18

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

1,490

1,470

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

1,460

1,440

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

1,430

1,410

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

1,380

1,360

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

1,240

1,220

FAQ 66/12/10/5/2

1,190

1,170

FAQ 65

1,120

1,110

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,350, and that produced in Iceland, 70%, at USD 1,275, both FOB Germany.

Back to index

Fish oil

Peru

Raw fish oil is at about USD 1,450/t.

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

Oil

Packing

Incoterm

Week 19

Week 18

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1,450

1,450

Fishoil, raw, without omega 3 guaranteed

Barrels FCL

FOB PI Peru

1,550

1,550

Fishoil, raw, without omega 3 guaranteed

Flexitanks, FCL

FOB PI Peru

1,650

1,650

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

 

FOB PI Peru

1,800

1,800

Source: FIS.com

Back to index

By DGA

www.fis.com


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