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08 Aug 2026

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Cash trend of China fishmeal has been keeping strong at the level above RMB24,000/ton at Shanghai port during the week, and it would keep such record-breaking status during rest of 2026 at least. The performance of fishmeal off-take from China ports would be gradually reducing during summer breeding due to substitutions for feeds reformulations.

Resulted from El Niño, there’s no more commitment to fishing and supply fishmeal products to China and the world from Peru. And, such suspended fishing brought by severe El Niño could be reportedly lasting till end of 2026 or even earlier of 2027. Chinese fishmeal users would soon make alternatives appropriately to look into other substitutions for feeds reformulations for sure.

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 #30	周数 Week #31	环比变化 Changes
大连 Dalian	SD68%超级	24,000	24,000	--
大连 Dalian	SD65%普通	22,500	22,500	--
天津 Tianjin	SD68%超级	24,000	24,000	--
天津 Tianjin	SD65%普通	22.500	22.500	--
上海 Shanghai	SD68%超级	24,000	24,000	--
上海 Shanghai	SD65%普通	22,500	22,500	--
黄埔 Huangpu	SD68%超级	24,000	24,000	--
黄埔 Huangpu	SD65%普通	22,500	22,500	--

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 #31			Wk #30
港口 Ports	本周 Current Stock	出库量 Off Take	入库量 Weekly Arrival	上周 Previous Stock
上海Shanghai	21,270	4,390	2,500	23,160
黄埔Huangpu	72,180	9,230	11,000	70,410
天津Tianjin	1,550	190	0	1,740
大连Dalian	3,240	390	0	3,630
其他Other	31,090	2,690	1,700	32,080
合计Total Qty	129,330	16,890	15,200	131,020
上周鱼粉出库量 Total FM sold/off-take from ports warehouse previous week:				19,960
来源: 饲料在线港口代表统计 Sources: CFO Port Agents

China Domestic Fishmeal

Updated: 03/Aug/2026
国产鱼粉报价 Local Produced Fishmeal Price
Region	Quality	Wk #30	Wk #31
Zhejiang	63% / TVN 150 (semi-defatted)	21,800	21,800
Zhejiang	65% / TVN 150 (semi-defatted)	22,300	22,300
Shandong	64% / TVN 150 (semi-defatted)	22,000	22,000

White Fishmeal:

Updated: 03/Aug/2026			Unit: RMB/mt
白鱼粉报价White Fishmeal Price Report
Brand/Origin	Wk #30	Wk #31	Changes
American Seafood	25,000-25,500	25,000-25,500	--
Russian WFM-65%-high pro	23,500	23,500	--
- An indication only, pricing range due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil:

Updated: 03/Aug/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	--	8,000-8,500
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	12,000+	--

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 #30	周数 Wk #31	船期 Shipment	周变化 Changes
乌拉圭/阿根廷, 散装/牛 Uruguay/Argentina, Beef Bulk	45-47%	5,700	5,700	00 09 2026	--
澳大利亚, 散装/牛 Australia, Beef Bulk	48%	5,400	5,200	08 09 2026	-200
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 #30	周数 Wk #31	船期 Shipment	周变化 Changes
美国, 袋装 USA, Bags	65%	10,500	10,500	08 09 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: 03/Aug/2026				Unit: RMB/mt
China Soybean Meal Future Market Price
Contract Period	Today Price	1 weeks ago	2 weeks ago	3 weeks ago
Sep 2026	3,067	3,164	3,129	3,050
Jan 2027	3,126	3,216	3,184	3,117
May 2027	2,825	2,895	2,859	2,831