|
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.
Fishmeal
Catch volumes
Norway
Through week 20, they destined 527,103 tonnes of fish for reduction at an average price of NOK 2.21/kg, up 22% 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, 2017/2018, in tonnes
Species
|
Tonnes 2018
|
Tonnes 2017
|
Variation %
|
Herring
|
398
|
383
|
+4%
|
Blue whiting
|
420,771
|
366,072
|
+15%
|
Sandlance
|
216
|
0
|
-
|
Capelin
|
97,305
|
6,332
|
+1,437%
|
Small sandeel
|
7,928
|
58,468
|
-86%
|
Norway pout
|
457
|
713
|
-36%
|
Others
|
28
|
365
|
-92%
|
Total
|
527,103
|
432,333
|
+22%
|
Source: Norges Sildesalgslag
Prices and markets
China
At the beginning of week 21 in 2018, inventories registered 133,000 tonnes. Volumes leaving the warehouses amounted to only 14,000 tonnes during the previous week.
T Table 2: Average prices for fishmeal at
the main Chinese ports, 2018, in RMB/t
Quality
|
Price (RMB/t)
|
Week 20
|
Week 19
|
FAQ 65%
|
10,200
|
10,550
|
SD 68%
|
11,950
|
12,100
|
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 20
|
Price (RMB/t) Week 19
|
65-66%, produced on board
|
USA
|
13,700
|
13,700
|
58-60%,
|
Russia
|
11,700
|
11,700
|
Source: FIS.com
Peru
At the end of week 21, catch volumes continue at a good pace and they expect to fulfill the quota. Prices are stable. However, as seen in the section about China, prices there have been declining for some weeks, more in lower grades.
Table 4: Average prices of Peruvian fishmeal in USD/t FOB, 2018
Quality
|
Average FOB price in USD/t
|
Week 21
|
Week 20
|
SD 68/10/10/4(1)/120/7.5/500
|
1,550
|
1,550
|
SD 67/10/10/5(2)/120/10/1000
|
1,500
|
1,500
|
SD 67/10/10/5(2)/120/10
|
1,450
|
1,450
|
SD 67/10/10/5(2)/150/10
|
1,400
|
1,400
|
FAQ 67/12/10/5(2)/120/10/1000
|
1,300
|
1,300
|
FAQ 66/12/10/5/2
|
1,250
|
1,250
|
FAQ 65
|
1,220
|
1,220
|
Source: FIS.com
Other origins
Chilean 67% fishmeal is at USD 1,525, and that produced in Iceland, 70%, at USD 1,685, both FOB Germany.
Back to Index
Fish oil
Peru
Raw fish oil is at about USD 1.350/t.
Table 5: Prices of fishoil, Peru, 2018, in USD/t
Oil
|
Packaging
|
Incoterm
|
Week 21
|
Week 20
|
Fishoil, raw, without omega 3 guaranteed
|
Bulk
|
FOB PI Peru
|
1,350
|
1,350
|
Fishoil, raw, without omega 3 guaranteed
|
Barrels, FCL
|
FOB PI Peru
|
1,450
|
1,450
|
Fishoil, raw, without omega 3 guaranteed
|
Flexitank, FCL
|
FOB PI Peru
|
1,550
|
1,550
|
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
|