Welcome to global CFO

20 Dec 2025

Join Now | Free Trial | Login | Membership

Updated: 31/Oct/2016				Unit: RMB/mt
China Peruvian Fishmeal Cash Market by Ports
Ports	Quality	Week #43	Week #42	Changes
Dalian	Super Prime 68%	12,100	12,000	+100
Dalian	Standard 65%	10,600	10,600	--
Tianjin	Super Prime 68%	12,100	12,000	+100
Tianjin	Standard 65%	10,600	10,600	--
Shanghai	Super Prime 68%	12,000	11,900	+100
Shanghai	Standard 65%	10,400	10,400	--
Huangpu	Super Prime 68%	12,000	11,900	+100
Huangpu	Standard 65%	10,400	10,400	--

FM Stock & Off-take:

Updated: 31/Oct/2016				Unit: mt
China Fishmeal (Stock & Off Take) Weekly Status
Ports	Wk #43			Wk #42
Ports	Current Stock	Off Take	Weekly Arrival	Previous Stock
Shanghai	45,080	6,830	5,800	46,110
Huangpu	45,410	7,080	6,200	46,290
Tianjin	840	270	300	810
Dalian	13,100	1,320	600	13,820
Other	22,680	2,710	2,700	22,690
Total Qty	127,110	18,210	15,600	129,720
- Total China fishmeal stock end of week at China Main Ports: 127,110 mt - Total fishmeal sold and off-take from ports warehouses previous week: 17,340 mt

China Domestic Fishmeal

Updated: 31/Oct/2016			Unit: RMB／mt
Local Produced Fishmeal Price
Region	Quality	Wk #43	Wk #42
Zhejiang	60% / TVN 150 (semi-defatted)	9,200	9,200
Zhejiang	62% / TVN 130 (semi-defatted)	9,400	9,400
Shandong	63% / TVN 150 (semi-defatted)	9,800	9,700~9,800
- Supply of local fishmeal is limited as total over 215 plants are under Government Environmental remediation investigation. Foresee the supply of local fishmeal is to be extended and prices are firm in this season.

White Fishmeal

Updated: 31/Oct/2016			Unit: RMB/mt
White Fishmeal Price Report
Brand/Origin	Wk #43	Wk #42	Changes
American Seafoods	13,600	13,600	--
Russian WFM - 60% - high pro	11,500	11,800	-300
- An indication only, prices ranges due to various quality, freshness and brand. - Above prices are importing duties paid.

Fish Oil

Update: 31/Oct/2016			Unit: USD/mt
Peruvian Fish oil Market FOB Price
Quality/Packing	Wk #43	Wk #42	Changes
Crude - Bulk	2,150	2,150	--
Crude - Drum/FCL	2,250	2,250	--
Crude - Flexi tank/FCL	2,400	2,400	--
Omega-3-28%EPA/DHA (Bulk/FCL)	3,200	3,200	--
- Total fish oil imported 25,385.49mt during Jan-Sep, including 1,739.89mt in Sep. - Top 2 major ports: Guangzhou 7,337.55mt, Fuzhou 5,686.98mt in total.

The monthly China fishmeal off-take of each Oct since 2014:

Unit: MT	Oct 2016	Oct 2015	Oct 2014
Monthly beginning	130,980	110,000	127,700
Monthly input	54,400	24,600	17,700
Monthly end	127,110	85,700	83,300
Monthly off-take	58,270	48,900	62,100

FM Comments:

In considering of continuing depreciating currency of RMB, importing cost is getting expensive, therefore, most of importers will keep price firm & up in a short-term. However, we cant ignore the other key factor that peak fishmeal consumption is ending in Nov and demand is slowing down. At this moment, the major factor to support fishmeal RMB price is speculation low quota in Peru. Let’s keep monitoring the PRODUCE Peru quota declaration anytime in coming week.

II. Animal Protein/Grain Sections

MBM/PBM:

Animal protein market is continuing firm mainly due to short of inventory at most of ports. However, peak feed production season is ending especially in North China. Also, Chinese near year is earlier this year (Jan 28) so that December shipment cargo shall be reduced as buyers prefer cargo arriving China avoid CNY holidays. (normally one week before & after is no labors at ports)

Origin	Protein	US$/mt	Shipment	Changes +/-
Uruguay (Bag)	Beef 45%	450	Dec/Jan	--
Australia (Bulk)	Beef 50%	530	Dec/Jan	--

Soybean Meal

Updated: 31/Oct/2016				Unit: RMB/mt
China Soybean Meal Market Futures Price Week #44
Contract Period	Today’s Price	1 weeks ago	2 week ago	3 weeks ago
January 2017	2,916	2,872	2,835	2,843
May 2017	2,829	2,742	2,746	2,706
September 2017	2,823	2,747	2,746	2,718