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Fish Meal

 
Report Date: Tuesday, November 06, 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 week 44, they destined 697,607 tonnes of fish for reduction at an average price of NOK 2.33 /kg, up 24% 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 tonne
s

Species

Tonnes 2018

Tonnes 2017

Variation %

Herring

45,458

2,192

+1,974%

Blue whiting

453,340

392,784

+15%

Sandlance

12,436

6,121

+103%

Capelin

97,305

6,332

+1,437%

Small sandeel

68,548

129,398

-47%

Norway pout

15,193

17,855

-15%

Others

5,327

8,179

-35%

Total

697,607

562,861

+24%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 44, inventories registered 170,000 tonnes. Volumes leaving the warehouses amounted to 17,000 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 43

Week 42

FAQ 65%

10,500

10,550

SD 68%

11,700

11,800

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 43

Price (RMB/t) Week 42

65-66%, produced on board

USA

14,300

14,300

58-60%,

Russia

11,800

11,800

Source: FIS.com

Peru

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

Quality

Averate FOB price USD/t

Week 43

Week 42

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

1,620

1,620

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

1,580

1,580

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

1,530

1,530

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

1,480

1,480

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

1,400

1,400

FAQ 66/12/10/5/2

1,330

1,330

FAQ 65

1,270

1,270

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,525 and that produced in Iceland, 70%, at USD 1,770, both FOB Germany.

Back to Index

Fish oil

Peru

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

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

Oil

Packaging

Incoterm

Week 43

Week 42

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

1,550

1,550

Fishoil, raw, without omega 3 guaranteed

Flexitank, FCL

FOB PI Peru

1,650

1,650

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

 

FOB PI Peru

1,750

1,750

Source: FIS.com

Back to Index

By DGA

www.fis.com


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