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Fish Meal

 
Report Date: Tuesday, January 10, 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

Prices and markets

China

Inventories at the main ports warehouses reported 69,000 tonnes at the end of the first week of this year with weekly movements of about 15,000 tonnes.

Table 1: Average prices for fishmeal at the main Chinese ports,
2017, in RMB/t

Quality

Price (RMB/t)

Week 1 of 2017

Week 52 of 2016

FAQ 65%

10,350

10,450

SD 68%

11,750

11,850

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 2: Price of white fishmeal, RMB/t, 2017

Quality

Origin

Price (RMB/t) week 1 of 2017

Price (RMB/t) week 52 of 2016

65-66%, produced on board

United States

13,000

13,000

58-60%,

Russia

11,000

11,000

Source: FIS.com

Peru

Through 9 January, even catch volumes were about 1,550,000 tonnes, so the quota is expected to be fulfilled by the end of the month. Inventories are quite few because sales to Asia, mainly to China, have been bulky in the first week of the year.

Table 3: Average prices of Peruvian fishmeal,
in USD/t FOB, 2017

Quality

Average FOB price (USD/t)

Week 1 - 2017

Week 49

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

1,550

1,600

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

1,500

1,550

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

1,450

1,500

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

1,400

1,450

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

1,330

1,400

FAQ 66/12/10/5/2

1,280

1,350

FAQ 65

1,240

1,300

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,650, and that produced in Iceland, 70%, at USD 1,510, both FOB Germany.

Back to index

Fish oil

Peru

Raw fish oil is at about USD 1,800/t.

Table 4: Prices of fishoil, Peru, 2011, in USD/t

Oil

Packing

Incoterm

Week 1 - 2017

Week 49

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1,800

1,950

Fishoil, raw, without omega 3 guaranteed

Barrels FCL

FOB PI Peru

1,900

2,050

Fishoil, raw, without omega 3 guaranteed

Flexitanks, FCL

FOB PI Peru

2,050

2,200

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

 

FOB PI Peru

2,600

2,750

Source: FIS.com

Back to index

By DGA

www.fis.com


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