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Fish Meal

 
Report Date: Tuesday, September 19, 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

Through week 36, they destined 539,027 tonnes of fish for reduction at an average price of NOK 1.53/kg, up 25% 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

891

1,050

-15%

Blue whiting

385,048

337,500

+14%

Sandlance

565

18,220

-97%

Capelin

6,332

5,904

+7%

Small sandeel

129,398

40,867

+217%

Norway pout

12,297

21,774

-44%

Others

4,496

4,535

-1%

Total

539,027

429,850

+25%

Fuente: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 37 inventories registered 205,000 tonnes. Volumes leaving the warehouses reached 23,000 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 36

Week 35

FAQ 65%

9,500

9,550

SD 68%

10,550

10,600

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 36

Price (RMB/t) Week 35

65-66%, produced on board

United States

13,000

13,100

58-60%,

Russia

11,200

10,900

Source: FIS.com

Peru

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

Quality

Average FOB price (USD/t)

Week 36

Week 35

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

1,460

1,460

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

1,410

1,410

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

1,360

1,360

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

1,310

1,310

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

1,210

1,210

FAQ 66/12/10/5/2

1,160

1,160

FAQ 65

1,110

1,110

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,425, and that produced in Iceland, 70%, at USD 1,570, both FOB Germany.

Back to index

Fish oil

Peru

Raw fish oil is increasing and is at about USD 1,500/t.

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

Oil

Packing

Incoterm

Week 36

Week 35

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1,500

1,500

Fishoil, raw, without omega 3 guaranteed

Barrels FCL

FOB PI Peru

1,600

1,600

Fishoil, raw, without omega 3 guaranteed

Flexitanks, FCL

FOB PI Peru

1,700

1,700

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

 

FOB PI Peru

1,900

1,900

Source: FIS.com

Back to index

By DGA

www.fis.com


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