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Fish Meal

 
Report Date: Friday, October 18, 2019
 
 
 

 

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

Catches

Norway

Through week 41, 585,830 tonnes of fish were destined for reduction at an average price of NOK 2.90/kg, down 16% 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, 2018/2019, in tonnes

Species

Tonnes 2019

Tonnes 2018

Variation %

Herring

54.751

45.453

+20%

Blue whiting

348.011

452.724

-23%

Sandlance

7,725

12.436

-38%

Capelin

2

97,305

-100%

Small sandeel

124,509

68,548

+82%

Norway pout

44,138

14,295

+209%

Others

6,694

4,753

+41%

Total

585,830

695,514

-16%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 42, inventories registered 242,000 tonnes. Volumes leaving the warehouses amounted to almost 41,000 tonnes during the preious week

Table 2: Average price of fishmeal at the main Chinese ports 2019, in RMB/t

Quality

Price (RMB/t)

Week 41

Week 39

FAQ 65%

9,000

9,000

SD 68%

9,900

9,900

Source: FIS.com

Graph 1: Weekly average prices of fish meal FAQ in the main ports of China, 2015/2019, in RMB/t

Source: FIS.com

Graph 2: Average weekly prices of SD fishmeal in the main ports of China, 2015/2019, in RMB/t

Source: FIS.com

Graph 3: Evolution of the weekly average prices of fishmeal in the main ports of China, 2015/2019, in RMB/t

Source: FIS.com

Table 3: Price of white fishmeal, RMB/t, 2019

Quality

Origin

Price (RMB/t)

Week 41

Week 39

65-66%, produced on board

USA

13,000

13,000

58-60%,

Russia

10,600

10,600

Source: FIS.com

Peru

Table 4: Average prices of Peruvian fishmeal, in USD/t FOB, 2019

Quality

Average FOB price USD/t

Week 42

Week 41

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

1,300

1,300

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

1,250

1,250

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

1,200

1,200

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

1,150

1,150

FAQ 66/12/10/5/2

1,090

1,090

FAQ 65

1,040

1,040

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,520 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 1,850/t.

Table 5: Prices of fishoil, Peru, 2019, in USD/t

Oil

Packaging

Incoterm

Week 42

Week 41

Fish oil, raw

Bulk

FOB PI Peru

1,850

1,850

Fish oil, raw

Barrels, FCL

FOB PI Peru

1,900

1,900

Fish oil, raw

Flexitank, FCL

FOB PI Peru

2,000

2,000

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

 

FOB PI Peru

2,200

2,200

Source: FIS.com

Back to Index

By DGA

www.fis.com

 


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