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Fish Meal

 
Report Date: Tuesday, February 13, 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 the fifth week of the year, they destined 5,068 tonnes of fish for reduction at an average price of NOK 2.13/kg, up 1,369% 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 tonnes

Species

Tonnes 2018

Tonnes 2017

Variation %

Herring

25

345

-93%

Blue whiting

4,261

-

-

Sandlance

216

-

-

Capelin

566

-

-

Small sandeel

-

-

-

Norway pout

-

-

-

Others

-

,

-

Total

5,068

345

+1,369%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 6 in 2018, inventories registered 79,000 tonnes. Volumes leaving the port warehouses were about 10,000 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 05

Week 04

FAQ 65%

12,850

12,850

SD 68%

13,900

13,900

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 05

Price (RMB/t) Week 04

65-66%, produced on board

USA

14,300

14,300

58-60%,

Russia

12,400

12,200

Source: FIS.com

Peru

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

Quality

Averate FOB price in USD/t

Week 05

Week 04

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

2,000

2,000

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

1,950

1,950

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

1,870

1,900

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

1,810

1,850

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

1,660

1,650

FAQ 66/12/10/5/2

1,560

1,550

FAQ 65

1,520

1,500

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,655, and that produced in Iceland, 70%, at USD 1,860, both FOB Germany.

Back to index

Fish oil

Peru

Raw fish oil is still increasing and is at about USD 2,500/t

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

Oil

Packaging

Incoterm

Week 05

Week 04

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

2,500

2,500

Fishoil, raw, without omega 3 guaranteed

Barrels, FCL

FOB PI Peru

2,600

2,600

Fishoil, raw, without omega 3 guaranteed

Flexitank, FCL

FOB PI Peru

2,700

2,700

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

 

FOB PI Peru

3,000

NQ

Source: FIS.com

Back to index

By DGA

www.fis.com


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