Shipment of bags of fishmeal from the TASA group (Photo: TASA)
International situation of fishmeal and fish oil (Norway-China-Peru - Week 31)
WORLDWIDE
Monday, August 19, 2019, 00:10 (GMT + 9)
Norway
Through week 32, they destined 519,871 tonnes of fish for reduction at an average price of NOK 2.79 /kg, down 20% on those destined for suchpurpose 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
|
33,620
|
32,777
|
+3%
|
Blue whiting
|
340,809
|
443,674
|
-23%
|
Sandlance
|
940
|
216
|
+335%
|
Capelin
|
0
|
97,305
|
-100%
|
Small sandeel
|
124,509
|
68,548
|
+82%
|
Norway pout
|
18,558
|
8,013
|
+132%
|
Others
|
1,435
|
470
|
+205%
|
Total
|
519,871
|
651,003
|
-20%
|
Fuente: Norges Sildesalgslag/FIS.com
China
At the beginning of week 32, inventories registered 275,000 tonnes. Volumes leaving the warehouses amounted to almost 26,000 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 32
|
Week 31
|
FAQ 65%
|
9,950
|
9,950
|
SD 68%
|
10,750
|
10,750
|
Source: FIS.com
Graph 1: Average weekly prices of FAQ fishmeal at the main Chinese ports, 2015-2019, in RMB/t
Source: FIS.com
Graph 2: Average weekly prices of SD fishmeal at the main Chinese ports, 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 32
|
Week 31
|
65-66%, produced on board
|
USA
|
13,600
|
13,600
|
58-60%,
|
Russia
|
10,800
|
10,800
|
Source: FIS.com
Peru
Calm market and without major news.
Table 4: Average prices of Peruvian fishmeal, in USD/t FOB, 2019
Quality
|
Average FOB price USD/t
|
Week 33
|
Week 32
|
SD 68/10/10/4(1)/120/7.5/500
|
1,520
|
1,550
|
SD 67/10/10/5(2)/120/10/1000
|
1,470
|
1,500
|
SD 67/10/10/5(2)/120/10
|
1,420
|
1,450
|
SD 67/10/10/5(2)/150/10
|
1,370
|
1,400
|
FAQ 66/12/10/5/2
|
1,270
|
1,300
|
FAQ 65
|
1,220
|
1,230
|
Source: FIS.com
Other origins
Chilean 67% fishmeal is at USD 1,575 and that produced in Iceland, 70%, at USD 1,855, both FOB Germany.
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 33
|
Week 32
|
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
|
2,300
|
2,300
|
Source: FIS.com
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