The Peruvian company TASA produces annually about 165,000 MT Fish Meal and 25,000 Fish Oil
Weekly movements of fishmeal and fish oil (Norway, China, Peru)
WORLDWIDE
Friday, May 17, 2019, 22:00 (GMT + 9)
Through week 18, they destined 331,571 tonnes of fish for reduction at an average price of NOK 2.49 /kg, down 37% 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
|
903
|
398
|
+127%
|
Blue whiting
|
323.369
|
418.367
|
-23%
|
Sandlance
|
938
|
216
|
+334%
|
Capelin
|
0
|
97.305
|
-100%
|
Small sandeel
|
6.117
|
7.425
|
-18%
|
Norway pout
|
348
|
404
|
-14%
|
Others
|
76
|
26
|
+192%
|
Total
|
331.751
|
524.141
|
-37%
|
Source: Norges Sildesalgslag
Prices and markets
China
At the beginning of week 20, inventories registered 227,000 tonnes. Volumes leaving the warehouses amounted to almost 13,000 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 19
|
Week 18
|
FAQ 65%
|
10.000
|
10.000
|
SD 68%
|
11.050
|
11.050
|
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
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 19
|
Week 18
|
65-66%, produced on board
|
USA
|
13.650
|
13.650
|
58-60%,
|
Russia
|
11.000
|
11.000
|
Source: FIS.com
Peru
Fishing is still good, with daily catches averaging 48,000 tonnes. The prices remain stable.
Table 4: Average prices of Peruvian fishmeal, in USD/t FOB, 2019
Quality
|
Average FOB price USD/t
|
Week 20
|
Week 19
|
SD 68/10/10/4(1)/120/7.5/500
|
1.640
|
1.640
|
SD 67/10/10/5(2)/120/10/1000
|
1.590
|
1.590
|
SD 67/10/10/5(2)/120/10
|
1.520
|
1.520
|
SD 67/10/10/5(2)/150/10
|
1.460
|
1.460
|
SD 67
|
1.410
|
1.410
|
FAQ 66/12/10/5/2
|
1.360
|
1.360
|
FAQ 65
|
1.300
|
1.300
|
Source: FIS.com
Other origins
Chilean 67% fishmeal is at USD 1,580 and that produced in Iceland, 70%, at USD 1,785, both FOB Germany.
Fish oil
Peru
Raw fish oil is at USD 1,900/t.
Table 5: Prices of fishoil, Peru, 2019, in USD/t
Oil
|
Packaging
|
Incoterm
|
Week 20
|
Week 19
|
Fish oil, raw
|
Bulk
|
FOB PI Peru
|
1.900
|
1.850
|
Fish oil, raw
|
Barrels, FCL
|
FOB PI Peru
|
1.950
|
1.900
|
Fish oil, raw
|
Flexitank, FCL
|
FOB PI Peru
|
2.050
|
1.950
|
Fish oil, omega 3 guaranteed (28% EPA/DPA)
|
|
FOB PI Peru
|
2.350
|
2.300
|
Source: FIS.com
editor@seafood.media
www.seafood.media
|