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22 May 2026

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Cash trend of China fishmeal has been sharply going up to RMB20,000/ton at Shanghai port during the week while fishing activities both in China and Peru shows uncertainties simultaneously. China would regularly reduce fishing along coast sides since May till Sept. And, Peru would inevitably slow down anchovy fishing since high-rising incidence of juveniles. Both uncertain fishing circumstances would measurably push up cash trends without doubts during Q2 and Q3.

RMB Cash Market:

国内主要港口秘鲁鱼粉参考报价表（元/吨） China Peruvian Fishmeal Cash Market by Ports (RMB/mt)
港口 Ports	品质规格 Quality	周数 Week #19	周数 Week #20	环比变化 Changes
大连 Dalian	SD68%超级	19,100	20,000	+900
大连 Dalian	SD65%普通	17,600	18,300	+700
天津 Tianjin	SD68%超级	19,100	20,000	+900
天津 Tianjin	SD65%普通	17,600	18,300	+700
上海 Shanghai	SD68%超级	19,100	20,000	+900
上海 Shanghai	SD65%普通	17,600	18,300	+700
黄埔 Huangpu	SD68%超级	19,100	20,000	+900
黄埔 Huangpu	SD65%普通	17,600	18,300	+700

FM Stock & Off-take:

周中国主要港口进口鱼粉库存表（吨） China Fishmeal (Stock & Off Take) Weekly Status (mt)
港口 Ports	Wk #20			Wk #19
港口 Ports	本周 Current Stock	出库量 Off Take	入库量 Weekly Arrival	上周 Previous Stock
上海Shanghai	34,340	4,630	3,900	35,070
黄埔Huangpu	97,540	13,830	14,000	97,370
天津Tianjin	460	140	100	500
大连Dalian	5,610	560	300	5,870
其他Other	37,640	2,670	2,500	37,810
合计Total Qty	175,590	21,830	20,800	176,620
上周鱼粉出库量 Total FM sold/off-take from ports warehouse previous week:				17,160
来源: 饲料在线港口代表统计 Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 18/May/2026			Unit: RMB/mt
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #19	Wk #20
Zhejiang	63% / TVN 150 (semi-defatted)	17,300	18,000
Zhejiang	65% / TVN 150 (semi-defatted)	17,800	18,500
Shandong	64% / TVN 150 (semi-defatted)	17,500	18,200

White Fishmeal

Updated: 18/May/2026			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #19	Wk #20	Changes
American Seafood	19,500	19,500	--
Russian WFM-60%-high pro	19,000	19,000	--
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil:

Updated: 18/May/2026
鱼油离岸价格（美元/吨） Fish oil Market FOB Price (USD/mt)
品质包装 Quality/Packing		秘鲁Peru	智利Chile
粗制水产级散装	Crude (Aqua Grade) Tank	5,000-5,100	4,500-4,700
粗制水产级桶装	Crude (Aqua Grade) Drum	--	--
粗制水产级液体袋装	Crude (Aqua Grade) Flexi Tank	--	--
粗制欧米茄3 桶装	Omega 3: 28% EPA/DHA	--	--

II. Animal Protein/Grain Sections

肉骨粉参考价格（人民币/吨） Meat and Bone Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #19	周数 Wk #20	船期 Shipment	周变化 Changes
乌拉圭/阿根廷, 散装/牛 Uruguay/Argentina, Beef Bulk	45-47%	5,300	5,600	05 06 2026	+ 300
澳大利亚, 散装/牛 Australia, Beef Bulk	48%	5,000	5,400	05 06 2026	+ 400
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

鸡肉粉参考价格（人民币/吨） Poultry Meal Price Ideas (RMB/mt)
产地/包装 Origin/Packing	蛋白 Protein	周数 Wk #19	周数 Wk #20	船期 Shipment	周变化 Changes
美国, 袋装 USA, Bags	65%	9,800	9,800	05 06 2026	--
此价格每周更新非实盘仅供参考 Price is updated weekly just an indication for reference only

Soybean Meal

Updated: 18/May/2026				Unit: RMB/mt
China Soybean Meal Future Market Price
Contract Period	Today Price	1 weeks ago	2 weeks ago	3 weeks ago
May 2026	2,876	2,832	2,820	2,832
Sep 2026	2,985	3,039	3,007	2,993
Jan 2027	3,049	3,085	3,050	3,035