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Fish Meal

 
Report Date: Tuesday, September 04, 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

Fishoil

 

 

Fishmeal

Catch volumes

Norway

Through week 34, they destined 654,346 tonnes of fish for reduction at an average price of NOK 2.28/kg, up 22% on those destined for such purpose during the same period last 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

33,813

812

+4,064%

Blue whiting

444,999

384,109

+16%

Sandlance

216

565

-62%

Capelin

97,305

6,332

+1,437%

Small sandeel

68,548

129,398

-47%

Norway pout

8,602

10,865

-21%

Others

863

3,225

-73%

Total

654,346

535,306

+22%

Source: Norges Sildesalgslag

Prices and markets

China

At the beginning of week 35, inventories registered 142,000 tonnes. Volumes leaving the warehouses amounted to 33.000 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 34

Week 33

FAQ 65%

10,200

10,200

SD 68%

11,700

11,750

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 34

Price (RMB/t) Week 33

65-66%, producida a bordo

USA

14,000

13,800

58-60%,

Russia

11,800

10,500

Source: FIS.com

Peru

The market is still calm, waiting for the beginning of the coming harvests to take place in November.

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

Quality

Average FOB price, USD/t

Week 34

Week 33

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

1,600

1,600

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

1,550

1,550

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

1,500

1,500

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

1,450

1,450

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

1,370

1,370

FAQ 66/12/10/5/2

1,300

1,300

FAQ 65

1,260

1,260

Source: FIS.com

Other origins

Chilean 67% fishmeal is at USD 1,530, and that produced in Iceland, 70%, at USD 1,750, both FOB Germany.

Back to index

Fish oil

Peru

Raw fish oil is at about USD 1,450/t.

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

Oil

Packaging

Incoterm

Week 35

Week 34

Fishoil, raw, without omega 3 guaranteed

Bulk

FOB PI Peru

1,450

1,400

Fishoil, raw, without omega 3 guaranteed

Barrels, FCL

FOB PI Peru

1,500

1,470

Fishoil, raw, without omega 3 guaranteed

Flexitank, FCL

FOB PI Peru

1,600

1,570

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

 

FOB PI Peru

1,700

1,700

Source: FIS.com

Back to Index

By DGA

www.fis.com


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