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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
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Species
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Tonnes 2019
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Tonnes 2018
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Variation %
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Herring
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33,620
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32,777
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+3%
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Blue whiting
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340,809
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443,674
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-23%
|
|
Sandlance
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940
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216
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+335%
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Capelin
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0
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97,305
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-100%
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Small sandeel
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124,509
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68,548
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+82%
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Norway pout
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18,558
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8,013
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+132%
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Others
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1,435
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470
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+205%
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Total
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519,871
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651,003
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-20%
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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
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Price (RMB/t)
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Week 32
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Week 31
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FAQ 65%
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9,950
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9,950
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SD 68%
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10,750
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10,750
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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
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Origin
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Price (RMB/t)
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|
Week 32
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Week 31
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65-66%, produced on board
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USA
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13,600
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13,600
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58-60%,
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Russia
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10,800
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10,800
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Source: FIS.com
Peru
Calm market and without major news.
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 33
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Week 32
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SD 68/10/10/4(1)/120/7.5/500
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1,520
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1,550
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SD 67/10/10/5(2)/120/10/1000
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1,470
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1,500
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SD 67/10/10/5(2)/120/10
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1,420
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1,450
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SD 67/10/10/5(2)/150/10
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1,370
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1,400
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FAQ 66/12/10/5/2
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1,270
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1,300
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FAQ 65
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1,220
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1,230
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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
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Packaging
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Incoterm
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Week 33
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Week 32
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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)
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|
FOB PI Peru
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2,300
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2,300
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Source: FIS.com
editorial@fis.com
www.fis.com
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