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Mazinsa distributes and markets in America, Europe and Asia: sardine and tuna fish meal, fish oil and soluble (GMP + IFFO + MSC)
Weekly movements of fishmeal and fish oil (Norway, China, Peru) - W41
 WORLDWIDE
Friday, October 18, 2019, 17:00 (GMT + 9)
FISH MEAL
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
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Species
|
Tonnes 2019
|
Tonnes 2018
|
Variation %
|
|
Herring
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54.751
|
45.453
|
+20%
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|
Blue whiting
|
348.011
|
452.724
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-23%
|
|
Sandlance
|
7,725
|
12.436
|
-38%
|
|
Capelin
|
2
|
97,305
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-100%
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|
Small sandeel
|
124,509
|
68,548
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+82%
|
|
Norway pout
|
44,138
|
14,295
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+209%
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|
Others
|
6,694
|
4,753
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+41%
|
|
Total
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585,830
|
695,514
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-16%
|
Source: Norges Sildesalgslag/FIS.com
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)
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|
Week 41
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Week 39
|
|
FAQ 65%
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9,000
|
9,000
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SD 68%
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9,900
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9,900
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Source: FIS.com
Graph 1: Weekly average prices of fish meal FAQ in the main ports of China, 2015/2019, in RMB/t
.png)
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
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Week 39
|
|
65-66%, produced on board
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USA
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13,000
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13,000
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|
58-60%,
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Russia
|
10,600
|
10,600
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Source: FIS.com
Peru
Table 4: Average prices of Peruvian fishmeal, in USD/t FOB, 2019
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Quality
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Average FOB price USD/t
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|
Week 42
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Week 41
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SD 68/10/10/4(1)/120/7.5/500
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1,300
|
1,300
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SD 67/10/10/5(2)/120/10/1000
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1,250
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1,250
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SD 67/10/10/5(2)/120/10
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1,200
|
1,200
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SD 67/10/10/5(2)/150/10
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1,150
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1,150
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FAQ 66/12/10/5/2
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1,090
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1,090
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|
FAQ 65
|
1,040
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1,040
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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.
FISH OIL
Peru
Raw fish oil is at USD 1,850/t.
Table 5: Prices of fishoil, Peru, 2019, in USD/t
|
Oil
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Packaging
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Incoterm
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Week 42
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Week 41
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Fish oil, raw
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Bulk
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FOB PI Peru
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1,850
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1,850
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Fish oil, raw
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Barrels, FCL
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FOB PI Peru
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1,900
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1,900
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Fish oil, raw
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Flexitank, FCL
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FOB PI Peru
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2,000
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2,000
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Fish oil, omega 3 guaranteed (28% EPA/DPA)
|
|
FOB PI Peru
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2,200
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2,200
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Source: FIS.com
editorial@seafood.media
www.seafood.media
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